EMEREN GROUP LTD (SOL) Stock Technical Analysis
NYSE:SOL - New York Stock Exchange, Inc. - US75971T3014 - ADR - Currency: USD
We assign a technical rating of 7 out of 10 to SOL. In the last year, SOL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SOL has a been trading in the 1.48 - 1.91 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SOL did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SOL is part of the Construction & Engineering industry. There are 51 other stocks in this industry, SOL did better than 50% of them.
SOL 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 SOL is lagging the market slightly.
SOL has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.18
2.91
We found 3 important support areas.
- A support zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.65 from a horizontal line in the daily time frame.
- Support @1.19 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.85 to 1.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.88 from a horizontal line in the weekly time frame.
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 SOL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOL is up. |
| ChartMill Relative Strength | 76.18 | POSITIVE | SOL has a high relative strength, it outperformed 76.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.82 | NEUTRAL | The RSI value for SOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SOL has a negative trend. |
| Stochastics (14,3) | 44.85 | NEUTRAL | The Stochastics value for SOL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.44 | HIGH VOLATILITY | The high ATR as a percentage value for SOL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.79 | POSITIVE | The high ADX value value for SOL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:SOL (6/18/2025, 11:44:40 AM)
1.79
+0.06 (+3.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg3.47%
1 Week-3.35%
2 Weeks3.59%
1 Month13.07%
3 Month4.22%
6 Month-4.95%
12 Month16.89%
2 Year-54.35%
3 Year-63.58%
5 Year51.93%
10 Year-74.74%
15 Year-94.2%
Volatility
ATR(14)0.1
ATR(20)%6.44%
ATR Inc-37.25%
Range Today0.12
ADR(20)0.1
ADR(20)%5.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.18
Mansfield-0.89
10 Day High1.91
10 Day Low1.64
20 Day High1.91
20 Day Low1.48
52 Week High3
52 Week Low1.04
CS1 End1.65
CR1 Start1.74
Volume & EV
DER(3)-5.58%
DER(5)-2.39%
Volume98.43K
Volume Incr-36.92%
Vol(5)102.56K
Vol(50)155.99K