SUNATION ENERGY INC (SUNE) Stock Technical Analysis
NASDAQ:SUNE - Nasdaq - US72303P5035 - Common Stock - Currency: USD
Taking everything into account, SUNE scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 part of the Electrical Equipment industry. There are 94 other stocks in this industry, of which 92% are performing better than SUNE.
SUNE has an average volume of 98726300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SUNE has a been trading in the 1.38 - 2.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SUNE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.63
1.81
We found 1 important resistance area.
- Resistance @1.79 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) | 27.45 | OVERSOLD | The low RSI value suggests SUNE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.34 | POSITIVE | The MACD value suggests SUNE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.44 | NEUTRAL | The Stochastics value for SUNE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.9 | HIGH VOLATILITY | The high ATR as a percentage value for SUNE suggests high volalility. |
| Average Directional Index/ADX (14) | 11.01 | 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)
1.65
-0.13 (-7.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-7.3%
1 Week-2.37%
2 Weeks7.14%
1 Month-14.51%
3 Month-98.43%
6 Month-99.7%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%9.9%
ATR Inc22.01%
Range Today0.18
ADR(20)0.15
ADR(20)%9.33%
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 High1.83
10 Day Low1.38
20 Day High2.23
20 Day Low1.38
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.79
Volume & EV
DER(3)0.75%
DER(5)0.01%
Volume186.50K
Volume Incr-52.42%
Vol(5)185.42K
Vol(50)98.73M