Taking everything into account, EPOW scores 4 out of 10 in our technical rating. Although EPOW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EPOW has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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0.90
2 important support areas can be observed.
- A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.16 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EPOW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EPOW is down. |
| ChartMill Relative Strength | 89.19 | POSITIVE | EPOW has a high relative strength, it outperformed 89.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EPOW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EPOW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EPOW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.51 | NEUTRAL | The RSI value for EPOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EPOW has a negative trend. |
| Stochastics (14,3) | 19.03 | OVERSOLD | The low Stochastics value suggests EPOW may be oversold. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for EPOW suggests high volalility. |
| Average Directional Index/ADX (14) | 29.21 | POSITIVE | The high ADX value value for EPOW suggests a strong trend. |
1.03
-0.03 (-2.83%)
SUNRISE NEW ENERGY CO. LTD-A / EPOW FAQ
What is the technical rating for EPOW stock?
ChartMill assigns a technical rating of 4 / 10 to EPOW.
Can you provide the trend direction for SUNRISE NEW ENERGY CO. LTD-A?
The current trend direction for SUNRISE NEW ENERGY CO. LTD-A (EPOW) is Bearish.
What is the RSI signal for EPOW stock?
SUNRISE NEW ENERGY CO. LTD-A (EPOW) has an RSI value of 37.5073. This indicates that the stock is currently neutral.
What is the MACD signal for SUNRISE NEW ENERGY CO. LTD-A (EPOW) stock?
The MACD indicator for SUNRISE NEW ENERGY CO. LTD-A (EPOW) has a value of -0.0187193, indicating a bearish trend.
What are the support and resistance levels for SUNRISE NEW ENERGY CO. LTD-A (EPOW) stock?
SUNRISE NEW ENERGY CO. LTD-A (EPOW) has a support level at 1.02 and a resistance level at 1.16. Check the full technical report for our detailed analysis of EPOW support and resistance levels.