Technical Analysis for SOL - Renesola Ltd.

Grade Last Price % Change Price Change
F 1.93 -4.93% -0.10
SOL closed down 4.93 percent on Thursday, March 28, 2024, on 83 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Gapped Down Weakness 0.00%
Crossed Above 20 DMA Bullish -4.93%
Crossed Above 50 DMA Bullish -4.93%
MACD Bullish Signal Line Cross Bullish -4.93%
180 Bullish Setup Bullish Swing Setup -4.93%
Earnings Movers Other -4.93%
Up 3 Days in a Row Strength -4.93%
50 DMA Resistance Bearish 1.05%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 21 hours ago
Down 5% about 21 hours ago
Down 3% about 22 hours ago
Fell Below 50 DMA about 22 hours ago
20 DMA Resistance about 22 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

ReneSola Ltd operates as a brand and technology provider of solar photovoltaic (PV) products. The company, through its subsidiaries, engages in the research and development, and manufacture of virgin polysilicon, monocrystalline and multicrystalline silicon wafers, and PV cells and modules. It provides integrated solutions for commercial, agricultural, and large-scale projects. The company offers its products for projects ranging in size from kilowatts to multi-megawatts in markets primarily in United States, Germany, Italy, Belgium, China, Greece, Spain, and Australia. ReneSola Ltd was founded in 2005 and is based in Jiashan, the People's Republic of China.
Classification

Sector: Technology
Industry: Solar
Keywords: Photovoltaics Solar Cells Photovoltaic System Crystals Integrated Solutions Electrochemistry Quantum Chemistry Crystalline Silicon Polycrystalline Silicon

Is SOL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.54
52 Week Low 1.54
Average Volume 544,640
200-Day Moving Average 2.80
50-Day Moving Average 1.96
20-Day Moving Average 1.99
10-Day Moving Average 1.90
Average True Range 0.13
RSI (14) 47.37
ADX 14.77
+DI 26.51
-DI 21.37
Chandelier Exit (Long, 3 ATRs) 2.11
Chandelier Exit (Short, 3 ATRs) 2.16
Upper Bollinger Bands 2.26
Lower Bollinger Band 1.72
Percent B (%b) 0.39
BandWidth 27.25
MACD Line -0.04
MACD Signal Line -0.04
MACD Histogram 0.0014
Fundamentals Value
Market Cap 110.55 Million
Num Shares 57.3 Million
EPS 0.10
Price-to-Earnings (P/E) Ratio 19.30
Price-to-Sales 1.45
Price-to-Book 0.32
PEG Ratio 0.75
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.13
Resistance 3 (R3) 2.15 2.10 2.09
Resistance 2 (R2) 2.10 2.05 2.09 2.08
Resistance 1 (R1) 2.02 2.02 1.99 2.00 2.07
Pivot Point 1.97 1.97 1.96 1.96 1.97
Support 1 (S1) 1.88 1.92 1.86 1.86 1.79
Support 2 (S2) 1.84 1.89 1.83 1.78
Support 3 (S3) 1.75 1.84 1.77
Support 4 (S4) 1.73