SUNRUN INC (RUN) Technical Analysis
NASDAQ:RUN • US86771W1053
Current stock price
RUN Technical Rating and Analysis
Taking everything into account, RUN scores 1 out of 10 in our technical rating. RUN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames 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 11.67 - 14.72 range, which is quite wide. It is currently trading near the lows of this range.
- RUN has an average volume of 10278200 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 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- RUN is an average performer in the Electrical Equipment industry, it outperforms 56% of 92 stocks in the same industry.
- RUN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RUN is lagging the market.
RUN Weekly and Daily overview Charts
RUN Setup Rating and Analysis
RUN has a poor technical rating and the quality of the setup is also not perfect 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
We found 3 important support areas.
- Support @12.31 from a trend line in the weekly time frame.
- Support @11.81 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.
When analyzing the resistance we notice 6 important areas.
- Resistance @13.51 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 14.16 to 14.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.75 from a trend line in the weekly time frame.
- Resistance @20.47 from a horizontal line in the weekly time frame.
- Resistance @20.85 from a horizontal line in the daily time frame.
- 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 | 73.58 | POSITIVE | RUN has a high relative strength, it outperformed 73.58% 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) | 47.13 | NEUTRAL | The RSI value for RUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RUN has a positive trend. |
| Stochastics (14,3) | 18.14 | OVERSOLD | The low Stochastics value suggests RUN may be oversold. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for RUN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for RUN suggests a weak or negative trend. |
RUN Chart- and CandleStick Pattern Analysis
RUN Technicals: Chart, Performance Metrics, Trend & Indicators
12.71
+0.93 (+7.89%)
SUNRUN INC / RUN TA FAQ
What is the ChartMill technical rating of SUNRUN INC (RUN) stock?
ChartMill assigns a technical rating of 1 / 10 to RUN.
Can you provide the trend direction for SUNRUN INC?
The current trend direction for SUNRUN INC (RUN) is Bearish.
Can you provide the RSI signal for SUNRUN INC?
SUNRUN INC (RUN) has an RSI value of 47.132. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SUNRUN INC?
The buy/sell signal for SUNRUN INC (RUN) is sell as both the short term and long term trends are negative.
What is the support and resistance level for RUN stock?
SUNRUN INC (RUN) has a support level at 12.31 and a resistance level at 13.51. Check the full technical report for our detailed analysis of RUN support and resistance levels.