SOLAR ALLIANCE ENERGY INC (SOLR.CA) Stock Technical Analysis
Canada - TSX-V:SOLR - CA83418C1059 - Common Stock
0.02 CAD
0 (0%)
We assign a technical rating of 2 out of 10 to SOLR. SOLR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
95% of all other stocks performed better in the past year than SOLR.
SOLR is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 96% of 34 stocks in the same industry do better.
SOLR is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month SOLR has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SOLR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
0.02
0.03
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.03 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SOLR.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOLR.CA is neutral. |
| ChartMill Relative Strength | 5.11 | NEGATIVE | SOLR.CA has a low relative strength, it was outperformed by 94.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOLR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SOLR.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOLR.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.04 | NEUTRAL | The RSI value for SOLR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SOLR.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for SOLR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 23.75 | HIGH VOLATILITY | The high ATR as a percentage value for SOLR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 42.94 | POSITIVE | The high ADX value value for SOLR.CA 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)
TSX-V:SOLR (10/10/2025, 7:00:00 PM)
0.02
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0%
1 Week-20%
2 Weeks0%
1 Month0%
3 Month0%
6 Month-33.33%
12 Month-55.56%
2 Year-71.43%
3 Year-75%
5 Year-33.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%23.75%
ATR Inc75%
Range Today0.01
ADR(20)0
ADR(20)%22.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.11
Mansfield-4.54
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.06
52 Week Low0.02
CS1 EndN/A
CR1 Start0.02
Volume & EV
DER(3)0%
DER(5)0%
Volume273.50K
Volume Incr109.95%
Vol(5)287.05K
Vol(50)147.90K