Technical Analysis for SOL - Renesola Ltd.

Grade Last Price % Change Price Change
grade F 1.35 -3.57% -0.05
SOL closed down 3.57 percent on Friday, May 24, 2019, on 1.14 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical SOL trend table...

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Reversal New Lows Setup Bearish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
BB Squeeze Ended Range Expansion 0.00%
Outside Day Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%

Older signals for SOL ...

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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.
Energy Chemistry Technology Physical Sciences Photovoltaics Photovoltaic System Crystals Solar Cell Quantum Chemistry Crystalline Silicon Electrochemistry Nitol Solar 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
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 2.87
52 Week Low 1.15
Average Volume 20,777
200-Day Moving Average 1.7675
50-Day Moving Average 1.5926
20-Day Moving Average 1.4693
10-Day Moving Average 1.443
Average True Range 0.0589
ADX 37.0
+DI 9.5707
-DI 27.7393
Chandelier Exit (Long, 3 ATRs ) 1.5133
Chandelier Exit (Short, 3 ATRs ) 1.5267
Upper Bollinger Band 1.5665
Lower Bollinger Band 1.3721
Percent B (%b) -0.11
BandWidth 13.23079
MACD Line -0.0553
MACD Signal Line -0.0517
MACD Histogram -0.0036
Fundamentals Value
Market Cap 27.07 Million
Num Shares 20.1 Million
EPS -5.00
Price-to-Earnings (P/E) Ratio -0.27
Price-to-Sales 0.08
Price-to-Book 4.12
PEG Ratio -0.07
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.47
Resistance 3 (R3) 1.48 1.46 1.45
Resistance 2 (R2) 1.46 1.43 1.45 1.44
Resistance 1 (R1) 1.40 1.41 1.39 1.39 1.44
Pivot Point 1.38 1.38 1.37 1.37 1.38
Support 1 (S1) 1.32 1.35 1.31 1.31 1.26
Support 2 (S2) 1.30 1.33 1.29 1.26
Support 3 (S3) 1.24 1.30 1.25
Support 4 (S4) 1.23