SUNATION ENERGY INC (SUNE) Stock Technical Analysis
NASDAQ:SUNE - US72303P5035 - Common Stock
1.44 USD
-0.03 (-2.04%)
We assign a technical rating of 0 out of 10 to SUNE. SUNE'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SUNE is a bad performer in the overall market: 100% of all stocks are doing better.
SUNE is one of the lesser performing stocks in the Electrical Equipment industry. 93% of 92 stocks in the same industry do better.
In the last month SUNE has a been trading in the 1.34 - 1.75 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
SUNE has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.39
1.80
When analyzing the support we notice one important area.
- Support @1.40 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.61 from a trend line in the daily time frame.
- A resistance zone ranging from 1.66 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.78 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 | DOWN | NEGATIVE | The long term trend for SUNE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUNE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SUNE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SUNE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SUNE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.66 | NEUTRAL | The RSI value for SUNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SUNE has a positive trend. |
| Stochastics (14,3) | 25.2 | NEUTRAL | The Stochastics value for SUNE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for SUNE suggests high volalility. |
| Average Directional Index/ADX (14) | 6.68 | NEGATIVE | The low ADX value for SUNE suggests a weak or negative 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)
NASDAQ:SUNE (9/5/2025, 12:26:15 PM)
1.44
-0.03 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.04%
1 Week-2%
2 Weeks2.8%
1 Month-2%
3 Month-11.45%
6 Month-98.16%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.04%
ATR Inc-34.18%
Range Today0.08
ADR(20)0.09
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.56
10 Day Low1.34
20 Day High1.75
20 Day Low1.34
52 Week HighN/A
52 Week LowN/A
CS1 End1.4
CR1 Start1.56
Volume & EV
DER(3)-11.6%
DER(5)-9.64%
Volume40.36K
Volume Incr-58.83%
Vol(5)56.00K
Vol(50)122.89K