SOLAR ALLIANCE ENERGY INC (SOLR.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:SOLR • CA83418C1059
Taking everything into account, SOLR scores 0 out of 10 in our technical rating. SOLR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, SOLR is a bad performer in the overall market: 98% of all stocks are doing better.
- SOLR is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 100% of 33 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.
- In the last month SOLR has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Considerably lower volume is observed in the last couple of days.
SOLR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SOLR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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3 important resistance areas can be observed.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for SOLR.CA is down. |
| ChartMill Relative Strength | 2.09 | NEGATIVE | SOLR.CA has a low relative strength, it was outperformed by 97.91% 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 | NEGATIVE | The current price of SOLR.CA is below 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) | 45.66 | 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, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 26.67 | HIGH VOLATILITY | The high ATR as a percentage value for SOLR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 78.52 | POSITIVE | The high ADX value value for SOLR.CA suggests a strong trend. |
TSX-V:SOLR (1/30/2026, 7:00:00 PM)
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SOLAR ALLIANCE ENERGY INC / SOLR.CA FAQ
Can you provide the ChartMill technical rating for SOLAR ALLIANCE ENERGY INC?
ChartMill assigns a technical rating of 0 / 10 to SOLR.CA.
Can you provide the trend direction for SOLAR ALLIANCE ENERGY INC?
The current trend direction for SOLAR ALLIANCE ENERGY INC (SOLR.CA) is Bearish.
What is the RSI signal for SOLR stock?
SOLAR ALLIANCE ENERGY INC (SOLR.CA) has an RSI value of 45.6551. This indicates that the stock is currently neutral.
What is the short term momentum for SOLR stock?
The short term momentum for SOLAR ALLIANCE ENERGY INC (SOLR.CA) is negative.
What is the support and resistance level for SOLR stock?
SOLAR ALLIANCE ENERGY INC (SOLR.CA) has a resistance level at 0.01. Check the full technical report for our detailed analysis of SOLR.CA support and resistance levels.