SUNRUN INC (RUN) Technical Analysis
NASDAQ:RUN • US86771W1053
Current stock price
RUN Technical Rating and Analysis
Taking everything into account, RUN scores 2 out of 10 in our technical rating. Although RUN 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month RUN has a been trading in the 10.78 - 20.50 range, which is quite wide. It is currently trading near the lows of this range.
- RUN has an average volume of 10288300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, RUN did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- RUN is part of the Electrical Equipment industry. There are 92 other stocks in this industry, RUN did better than 68% of them.
- RUN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RUN is lagging the market slightly.
RUN Weekly and Daily overview Charts
RUN Setup Rating and Analysis
The technical rating of RUN 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
RUN Support and Resistance Analysis
11.21
When analyzing the support we can see 2 important areas.
- Support @11.61 from a trend line in the daily time frame.
- A support zone ranging from 11.32 to 11.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @13.30 from a horizontal line in the daily time frame.
- Resistance @19.63 from a trend line in the daily time frame.
- A resistance zone ranging from 20.85 to 20.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.29 from a horizontal line in the daily time frame.
RUN 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 RUN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RUN is down. |
| ChartMill Relative Strength | 86.98 | POSITIVE | RUN has a high relative strength, it outperformed 86.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RUN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RUN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RUN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.58 | NEUTRAL | The RSI value for RUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests RUN has a positive trend. |
| Stochastics (14,3) | 53.1 | NEUTRAL | The Stochastics value for RUN is a neutral value. |
| Average True Range in percent/ATR (20) | 10.84 | HIGH VOLATILITY | The high ATR as a percentage value for RUN suggests high volalility. |
| Average Directional Index/ADX (14) | 23.44 | NEUTRAL | The ADX value for RUN suggests a possible start of a new trend. |
RUN Chart- and CandleStick Pattern Analysis
RUN Technicals: Chart, Performance Metrics, Trend & Indicators
12.22
-0.86 (-6.57%)
SUNRUN INC / RUN TA FAQ
What is the ChartMill technical rating of SUNRUN INC (RUN) stock?
ChartMill assigns a technical rating of 2 / 10 to RUN.
What is the trend direction for RUN stock?
The current trend direction for SUNRUN INC (RUN) is Bearish.
What is the RSI signal for RUN stock?
SUNRUN INC (RUN) has an RSI value of 37.5779. This indicates that the stock is currently neutral.
What is the MACD signal for RUN stock?
The MACD indicator for SUNRUN INC (RUN) has a value of 0.151965, indicating a bearish trend.
Can you provide the support and resistance levels for SUNRUN INC?
SUNRUN INC (RUN) has a support level at 11.61 and a resistance level at 13.3. Check the full technical report for our detailed analysis of RUN support and resistance levels.