SUNLIGHT FINANCIAL HOLDINGS (SUNL) Technical Analysis
NYSE:SUNL • US86738J3041
Current stock price
SUNL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SUNL. SUNL'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.
- 100% of all other stocks performed better in the past year than SUNL.
- SUNL is one of the lesser performing stocks in the Consumer Finance industry. 88% of 54 stocks in the same industry do better.
- SUNL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SUNL is lagging the market.
- In the last month SUNL has a been trading in the 1.18 - 2.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
SUNL Weekly and Daily overview Charts
SUNL Setup Rating and Analysis
The technical rating of SUNL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SUNL Support and Resistance Analysis
1.24
We found 1 important resistance area.
- A resistance zone ranging from 1.83 to 1.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
SUNL Technical Indicator Signal Analysis
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 SUNL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUNL is down. |
| ChartMill Relative Strength | 0.54 | NEGATIVE | SUNL has a low relative strength, it was outperformed by 99.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SUNL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SUNL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SUNL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.06 | OVERSOLD | The low RSI value suggests SUNL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests SUNL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.03 | OVERSOLD | The low Stochastics value suggests SUNL may be oversold. |
| Average True Range in percent/ATR (20) | 19.72 | HIGH VOLATILITY | The high ATR as a percentage value for SUNL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.06 | POSITIVE | The high ADX value value for SUNL suggests a strong trend. |
SUNL Chart- and CandleStick Pattern Analysis
SUNL Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:SUNL (9/25/2023, 8:17:07 PM)
1.25
-0.56 (-30.94%)
SUNLIGHT FINANCIAL HOLDINGS / SUNL TA FAQ
What is the ChartMill technical rating of SUNLIGHT FINANCIAL HOLDINGS (SUNL) stock?
ChartMill assigns a technical rating of 0 / 10 to SUNL.
What is the trend direction for SUNL stock?
The current trend direction for SUNLIGHT FINANCIAL HOLDINGS (SUNL) is Bearish.
Can you provide the RSI signal for SUNLIGHT FINANCIAL HOLDINGS?
SUNLIGHT FINANCIAL HOLDINGS (SUNL) has an RSI value of 26.0608. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for SUNLIGHT FINANCIAL HOLDINGS?
The buy/sell signal for SUNLIGHT FINANCIAL HOLDINGS (SUNL) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SUNLIGHT FINANCIAL HOLDINGS (SUNL) stock?
SUNLIGHT FINANCIAL HOLDINGS (SUNL) has a resistance level at 1.83. Check the full technical report for our detailed analysis of SUNL support and resistance levels.