Stock Price Prediction

TANH stock has recently surged by 49% following the announcement of a $5 million annual purchase agreement with Heidi Enterprise Group, reflecting strong momentum. However, its RSI of 71.7 indicates overbought conditions, suggesting caution for short-term investors. The stock closed at $0.23 on December 31, 2024, with a 52-week high of $1.59, leaving room for potential upside if the U.S. market expansion strategy succeeds.

TANH stock is bearish due to its overbought RSI of 71.7, signaling potential downward pressure. The recent surge to $0.23 (+49%) appears unsustainable, driven by short-term momentum from a $5M annual purchase agreement. Current price at $0.147 suggests fading enthusiasm and limited upside.