ISUN INC (ISUN) Stock Technical Analysis
NASDAQ:ISUN - Nasdaq - US4652461066 - Common Stock - Currency: USD
Overall ISUN gets a technical rating of 1 out of 10. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ISUN is a bad performer in the overall market: 96% of all stocks are doing better.
ISUN is one of the lesser performing stocks in the Construction & Engineering industry. 77% of 49 stocks in the same industry do better.
ISUN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ISUN has an average volume of 4981590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ISUN has a been trading in the 0.09 - 0.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
0.21
When analyzing the resistance we notice 3 important areas.
- 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.1301
0 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.51%
1 Week-8.96%
2 Weeks-34.88%
1 Month38.4%
3 Month-29.68%
6 Month-15.52%
12 Month-76.93%
2 Year-96.09%
3 Year-98.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%28.82%
ATR Inc38.38%
Range Today0.03
ADR(20)0.03
ADR(20)%24.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.07
Mansfield-5.75
10 Day High0.18
10 Day Low0.11
20 Day High0.23
20 Day Low0.09
52 Week High0.64
52 Week Low0.06
CS1 EndN/A
CR1 Start0.18
Volume & EV
DER(3)-3.49%
DER(5)-2.17%
Volume7.67M
Volume Incr-35.43%
Vol(5)6.61M
Vol(50)4.98M