SOLAREDGE TECHNOLOGIES INC (SEDG) Technical Analysis
NASDAQ:SEDG • US83417M1045
Current stock price
SEDG Technical Rating and Analysis
Taking everything into account, SEDG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SEDG is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SEDG is one of the better performing stocks in the market, outperforming 97% of all stocks.
- SEDG is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 89% of 115 stocks in the same industry.
- SEDG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SEDG is performing more or less in line with the market.
- In the last month SEDG has a been trading in the 31.50 - 45.42 range, which is quite wide. It is currently trading near the high of this range.
- SEDG has an average volume of 3256330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SEDG Weekly and Daily overview Charts
SEDG Setup Rating and Analysis
Although SEDG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SEDG Support and Resistance Analysis
28.68
4 important support areas can be observed.
- Support @33.78 from a trend line in the daily time frame.
- Support @31.88 from a trend line in the weekly time frame.
- Support @31.08 from a trend line in the daily time frame.
- Support @28.97 from a horizontal line in the daily time frame.
SEDG 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 | UP | POSITIVE | The long term trend for SEDG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEDG is up. |
| ChartMill Relative Strength | 97.53 | POSITIVE | SEDG has a high relative strength, it outperformed 97.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEDG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEDG is above the rising 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) | 63.47 | NEUTRAL | The RSI value for SEDG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests SEDG has a positive trend. |
| Stochastics (14,3) | 89.05 | OVERBOUGHT | The high Stochastics value suggests SEDG may be overbought. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for SEDG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.98 | NEGATIVE | The low ADX value for SEDG suggests a weak or negative trend. |
SEDG Chart- and CandleStick Pattern Analysis
SEDG Technicals: Chart, Performance Metrics, Trend & Indicators
44.88
+2 (+4.66%)
SOLAREDGE TECHNOLOGIES INC / SEDG TA FAQ
What is the ChartMill technical rating of SOLAREDGE TECHNOLOGIES INC (SEDG) stock?
ChartMill assigns a technical rating of 10 / 10 to SEDG.
What is the current trend direction of SOLAREDGE TECHNOLOGIES INC (SEDG) stock?
The current trend direction for SOLAREDGE TECHNOLOGIES INC (SEDG) is Bullish.
Can you provide the RSI signal for SOLAREDGE TECHNOLOGIES INC?
SOLAREDGE TECHNOLOGIES INC (SEDG) has an RSI value of 63.4654. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOLAREDGE TECHNOLOGIES INC?
The MACD indicator for SOLAREDGE TECHNOLOGIES INC (SEDG) has a value of 0.604827, indicating a bearish trend.
What is the buy/sell signal for SOLAREDGE TECHNOLOGIES INC (SEDG) stock?
The buy/sell signal for SOLAREDGE TECHNOLOGIES INC (SEDG) is buy as both the short term and long term trends are positive.