Technical Analysis for SOL - Renesola Ltd.

Grade Last Price % Change Price Change
grade B 1.63 3.82% 0.06
SOL closed up 3.82 percent on Wednesday, August 5, 2020, on 49 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Up 3 Days in a Row Strength 0.00%
Pocket Pivot Bullish Swing Setup 3.82%
Wide Bands Range Expansion 3.82%
1,2,3 Pullback Bullish Bullish Swing Setup 7.24%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 7.24%
Inside Day Range Contraction 7.24%
Wide Bands Range Expansion 7.24%
1,2,3 Pullback Bullish Bullish Swing Setup 12.41%

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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

Indicators

Indicator Value
52 Week High 2.09
52 Week Low 0.1
Average Volume 99,114
200-Day Moving Average 1.28
50-Day Moving Average 1.27
20-Day Moving Average 1.42
10-Day Moving Average 1.57
Average True Range 0.12
ADX 42.47
+DI 27.12
-DI 11.11
Chandelier Exit (Long, 3 ATRs ) 1.44
Chandelier Exit (Short, 3 ATRs ) 1.56
Upper Bollinger Band 1.74
Lower Bollinger Band 1.11
Percent B (%b) 0.82
BandWidth 44.45
MACD Line 0.10
MACD Signal Line 0.09
MACD Histogram 0.0072
Fundamentals Value
Market Cap 32.68 Million
Num Shares 20.1 Million
EPS -5.00
Price-to-Earnings (P/E) Ratio -0.33
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) 1.73
Resistance 3 (R3) 1.72 1.68 1.72
Resistance 2 (R2) 1.68 1.66 1.69 1.71
Resistance 1 (R1) 1.66 1.64 1.67 1.66 1.70
Pivot Point 1.61 1.61 1.62 1.62 1.61
Support 1 (S1) 1.59 1.59 1.60 1.60 1.56
Support 2 (S2) 1.55 1.57 1.55 1.55
Support 3 (S3) 1.52 1.55 1.55
Support 4 (S4) 1.53