Technical Analysis for SOL - Renesola Ltd.

Grade Last Price % Change Price Change
D 16.12 12.41% 1.78
SOL closed up 12.41 percent on Wednesday, February 24, 2021, on 60 percent of 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical SOL trend table...

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Wide Bands Range Expansion 12.41%
Below Lower BB Weakness 12.41%
Gapped Down Weakness 12.41%
Oversold Stochastic Weakness 12.41%
Fell Below 50 DMA Bearish 1.58%
Wide Bands Range Expansion 1.58%
Below Lower BB Weakness 1.58%
Older End-of-Day Signals for SOL ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 10% about 19 hours ago
60 Minute Opening Range Breakout about 19 hours ago
Down 1% about 19 hours ago
Rose Above Previous Day's High about 20 hours ago
Rose Above Lower Bollinger Band about 20 hours ago
View Earlier Intraday Alerts

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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.
Classification

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

Indicators

Indicator Value
52 Week High 35.7748
52 Week Low 0.8532
Average Volume 5,383,405
200-Day Moving Average 6.42
50-Day Moving Average 18.41
20-Day Moving Average 21.14
10-Day Moving Average 19.18
Average True Range 2.87
ADX 32.86
+DI 19.06
-DI 29.87
Chandelier Exit (Long, 3 ATRs ) 20.32
Chandelier Exit (Short, 3 ATRs ) 21.14
Upper Bollinger Band 27.65
Lower Bollinger Band 14.64
Percent B (%b) 0.11
BandWidth 61.52
MACD Line -1.09
MACD Signal Line 0.20
MACD Histogram -1.2847
Fundamentals Value
Market Cap 832.78 Million
Num Shares 51.7 Million
EPS -0.09
Price-to-Earnings (P/E) Ratio -189.65
Price-to-Sales 2.32
Price-to-Book 4.35
PEG Ratio 0.75
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.32
Resistance 3 (R3) 19.02 17.65 18.79
Resistance 2 (R2) 17.65 16.83 17.80 18.61
Resistance 1 (R1) 16.88 16.33 17.26 17.19 18.43
Pivot Point 15.51 15.51 15.70 15.66 15.51
Support 1 (S1) 14.75 14.70 15.13 15.05 13.81
Support 2 (S2) 13.38 14.19 13.53 13.63
Support 3 (S3) 12.61 13.38 13.45
Support 4 (S4) 12.92