We assign a technical rating of 3 out of 10 to EPOW. In the last year, EPOW was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The technical rating of EPOW is bad and it also does not present a quality setup 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.
More info and screens
0.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @1.02 from a horizontal line in the daily time frame.
- Support @0.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.17 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.24 from a horizontal line in the daily time frame.
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 | 84.38 | POSITIVE | EPOW has a high relative strength, it outperformed 84.38% 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) | 39.9 | 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) | 21.27 | NEUTRAL | The Stochastics value for EPOW is a neutral value. |
| Average True Range in percent/ATR (20) | 8.49 | HIGH VOLATILITY | The high ATR as a percentage value for EPOW suggests high volalility. |
| Average Directional Index/ADX (14) | 29.37 | POSITIVE | The high ADX value value for EPOW suggests a strong trend. |
1.06
-0.07 (-6.61%)
SUNRISE NEW ENERGY CO. LTD-A / EPOW FAQ
What is the technical rating for EPOW stock?
ChartMill assigns a technical rating of 3 / 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 39.902. 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 -0.0152966, 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 1.05 and a resistance level at 1.17. Check the full technical report for our detailed analysis of EPOW support and resistance levels.