⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Simple research view
TAN
$62.70 latest stored close
No confirmed setup in the latest scan
That is a valid result; the scanner does not force a pattern.
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Breakout Health
No active breakout tracked — Legend AI monitors daily for pivot-point breaks.
What's a breakout?
RS Line vs SPY52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
Accumulation / Distributionlast 65 sessions · green = acc on high vol · red = dist on high vol
Net +8
A+
Forming Patterns (predictive — not confirmed)
Head & Shouldersbearishforming
75%built
Possible head & shoulders top — not confirmed. Watch for a daily close below ~58.99 (neckline) to confirm, with measured-move risk toward ~42.38. A push back above 64.04 weakens the pattern; reclaiming 75.60 invalidates it.
Confirms below58.99
Invalidates at75.60
Left Shoulder65.50
Head75.60
Right Shoulder64.04
Neckline58.99
Target42.38
LS 65.50 / head 75.60 / RS 64.04, neckline ~58.99, vol_fading=no
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
No patterns detected
This symbol didn't match any pattern in the latest scan.
Minervini Trend Template
7/8
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$62.70 vs SMA150 $55.69 / SMA200 $53.07
✓
SMA 150 above SMA 200SMA150 $55.69 vs SMA200 $53.07