ISUN INC (ISUN) Technical Analysis
NASDAQ:ISUN • US4652461066
Current stock price
ISUN Technical Rating and Analysis
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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 96% of all other stocks performed better in the past year than ISUN.
- ISUN is one of the lesser performing stocks in the Construction & Engineering industry. 76% of 56 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.
ISUN Weekly and Daily overview Charts
ISUN Setup Rating and Analysis
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
ISUN Support and Resistance Analysis
0.13
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.
ISUN Technical Indicator Signal Analysis
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. |
ISUN Chart- and CandleStick Pattern Analysis
ISUN Technicals: Chart, Performance Metrics, Trend & Indicators
0.1301
0 (-1.51%)
ISUN INC / ISUN TA FAQ
Can you provide the ChartMill technical rating for ISUN INC?
ChartMill assigns a technical rating of 1 / 10 to ISUN.
Can you provide the trend direction for ISUN INC?
The current trend direction for ISUN INC (ISUN) is Bearish.
Can you provide the RSI signal for ISUN INC?
ISUN INC (ISUN) has an RSI value of 43.7313. This indicates that the stock is currently neutral.
What is the MACD signal for ISUN INC (ISUN) stock?
The MACD indicator for ISUN INC (ISUN) has a value of 0.000625533, indicating a bearish trend.
What is the support and resistance level for ISUN stock?
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.