EMEREN GROUP LTD (SOL) Stock Technical Analysis
USA - NYSE:SOL - US75971T3014 - ADR
Taking everything into account, SOL scores 1 out of 10 in our technical rating. SOL 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.
Although the technical rating is bad, SOL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.82, a Stop Loss order could be placed below this zone.
More info and screens
1.79
When analyzing the support we notice one important area.
- A support zone ranging from 1.81 to 1.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.84 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.91 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SOL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOL is down. |
| ChartMill Relative Strength | 43.03 | NEUTRAL | SOL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.9 | NEUTRAL | The RSI value for SOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SOL has a negative trend. |
| Stochastics (14,3) | 35.9 | NEUTRAL | The Stochastics value for SOL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for SOL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.46 | NEUTRAL | The ADX value for SOL suggests a possible start of a new trend. |
NYSE:SOL (11/20/2025, 12:11:24 PM)
1.8248
-0.01 (-0.28%)
EMEREN GROUP LTD / SOL FAQ
What is the technical rating for SOL stock?
ChartMill assigns a technical rating of 1 / 10 to SOL.
Can you provide the trend direction for EMEREN GROUP LTD?
The current trend direction for EMEREN GROUP LTD (SOL) is Bearish.
What is the RSI signal for SOL stock?
EMEREN GROUP LTD (SOL) has an RSI value of 42.9009. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EMEREN GROUP LTD?
The MACD indicator for EMEREN GROUP LTD (SOL) has a value of -0.00301331, indicating a bearish trend.