Technical Analysis for SOL - Renesola Ltd.

Grade Last Price % Change Price Change
F 7.09 -0.84% -0.06
SOL closed down 6.41 percent on Wednesday, May 12, 2021, on 38 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: May 27
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical SOL trend table...

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup -0.84%
Inside Day Range Contraction -0.84%
Wide Bands Range Expansion -0.84%
Oversold Stochastic Weakness -0.84%
Stochastic Buy Signal Bullish -7.20%
Lower Bollinger Band Walk Weakness -7.20%
BB Squeeze Ended Range Expansion -7.20%
Wide Bands Range Expansion -7.20%
Lower Bollinger Band Touch Weakness -7.20%
Oversold Stochastic Weakness -7.20%
Older End-of-Day Signals for SOL ...

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

Alert Time
Down 3% about 2 hours ago
Down 2 % about 2 hours ago
Lower Bollinger Band Support about 3 hours ago
Down 1% about 3 hours ago
Bearish 180 Entry about 3 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 0.91
Average Volume 2,575,842
200-Day Moving Average 9.11
50-Day Moving Average 10.81
20-Day Moving Average 8.99
10-Day Moving Average 8.40
Average True Range 0.94
ADX 19.55
+DI 13.75
-DI 31.55
Chandelier Exit (Long, 3 ATRs ) 7.85
Chandelier Exit (Short, 3 ATRs ) 9.57
Upper Bollinger Band 10.88
Lower Bollinger Band 7.10
Percent B (%b) 0.01
BandWidth 41.99
MACD Line -0.99
MACD Signal Line -0.91
MACD Histogram -0.0882
Fundamentals Value
Market Cap 369.38 Million
Num Shares 51.7 Million
EPS -0.09
Price-to-Earnings (P/E) Ratio -84.12
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) 8.14
Resistance 3 (R3) 8.24 8.01 7.98
Resistance 2 (R2) 8.01 7.76 7.96 7.92
Resistance 1 (R1) 7.58 7.60 7.47 7.48 7.87
Pivot Point 7.35 7.35 7.29 7.30 7.35
Support 1 (S1) 6.92 7.10 6.80 6.82 6.43
Support 2 (S2) 6.69 6.94 6.64 6.38
Support 3 (S3) 6.26 6.69 6.32
Support 4 (S4) 6.16