Taking everything into account, SEDG scores 6 out of 10 in our technical rating. Although SEDG 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.
SEDG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
28.19
When analyzing the support we can see 5 important areas.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for SEDG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SEDG is neutral. |
| ChartMill Relative Strength | 94.53 | POSITIVE | SEDG has a high relative strength, it outperformed 94.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SEDG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SEDG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SEDG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for SEDG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SEDG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.91 | NEUTRAL | The Stochastics value for SEDG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for SEDG suggests high volalility. |
| Average Directional Index/ADX (14) | 21.37 | NEUTRAL | The ADX value for SEDG suggests a possible start of a new trend. |
33.28
-1.76 (-5.02%)
ChartMill assigns a technical rating of 6 / 10 to SEDG.
The current trend direction for SOLAREDGE TECHNOLOGIES INC (SEDG) is Bearish.
SOLAREDGE TECHNOLOGIES INC (SEDG) has an RSI value of 51.1832. This indicates that the stock is currently neutral.
The MACD indicator for SOLAREDGE TECHNOLOGIES INC (SEDG) has a value of -0.132348, indicating a bearish trend.