SOLAR ALLIANCE ENERGY INC (SOLR.CA) Stock Technical Analysis
Canada - TSX-V:SOLR - CA83418C1059 - Common Stock
We assign a technical rating of 1 out of 10 to SOLR. 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.
SOLR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.02. Right above this resistance zone may be a good entry point.
More info and screens
0.01
We found 1 important support area.
- Support @0.01 from a horizontal line in the daily time frame.
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 | 6.27 | NEGATIVE | SOLR.CA has a low relative strength, it was outperformed by 93.73% 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) | 49.21 | 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. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for SOLR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 35 | HIGH VOLATILITY | The high ATR as a percentage value for SOLR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.89 | POSITIVE | The high ADX value value for SOLR.CA suggests a strong trend. |
TSX-V:SOLR (11/7/2025, 7:00:00 PM)
0.02
-0.01 (-20%)
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 1 / 10 to SOLR.CA.
What is the trend direction for SOLR stock?
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 49.2084. This indicates that the stock is currently neutral.
What is the short term momentum for SOLAR ALLIANCE ENERGY INC (SOLR.CA) stock?
The short term momentum for SOLAR ALLIANCE ENERGY INC (SOLR.CA) is neutral.