ISUN INC (ISUN) Stock Technical Analysis
USA - NASDAQ:ISUN - US4652461066 - Common Stock
We assign a technical rating of 1 out of 10 to ISUN. ISUN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ISUN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.18. Right above this resistance zone may be a good entry point.
More info and screens
0.13
3 important resistance areas can be observed.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.21 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for ISUN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ISUN is neutral. |
| ChartMill Relative Strength | 4.07 | NEGATIVE | ISUN has a low relative strength, it was outperformed by 95.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ISUN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ISUN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ISUN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.73 | NEUTRAL | The RSI value for ISUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ISUN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.09 | NEUTRAL | The Stochastics value for ISUN is a neutral value. |
| Average True Range in percent/ATR (20) | 28.82 | HIGH VOLATILITY | The high ATR as a percentage value for ISUN suggests high volalility. |
| Average Directional Index/ADX (14) | 19.33 | NEGATIVE | The low ADX value for ISUN suggests a weak or negative trend. |
0.1301
0 (-1.51%)
ISUN INC / ISUN FAQ
What is the technical rating for ISUN stock?
ChartMill assigns a technical rating of 1 / 10 to ISUN.
What is the trend direction for ISUN stock?
The current trend direction for ISUN INC (ISUN) is Bearish.
What is the RSI signal for ISUN INC (ISUN) stock?
ISUN INC (ISUN) has an RSI value of 43.7313. This indicates that the stock is currently neutral.
What is the short term momentum for ISUN INC (ISUN) stock?
The short term momentum for ISUN INC (ISUN) is neutral.
Can you provide the support and resistance levels for ISUN INC?
ISUN INC (ISUN) has a resistance level at 0.18. Check the full technical report for our detailed analysis of ISUN support and resistance levels.