SUNLIGHT FINANCIAL HOLDINGS (SUNL) Technical Analysis
NYSE:SUNL • US86738J3041
Current stock price
SUNL Technical Rating and Analysis
Taking everything into account, SUNL scores 0 out of 10 in our technical rating. SUNL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, SUNL is a bad performer in the overall market: 100% of all stocks are doing better.
- SUNL is part of the Consumer Finance industry. There are 54 other stocks in this industry, of which 88% are performing better than SUNL.
- SUNL 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 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
When analyzing the resistance we notice one important 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.
What is the RSI signal for SUNL stock?
SUNLIGHT FINANCIAL HOLDINGS (SUNL) has an RSI value of 26.0608. This indicates that the stock is currently oversold.
What is the short term momentum for SUNLIGHT FINANCIAL HOLDINGS (SUNL) stock?
The short term momentum for SUNLIGHT FINANCIAL HOLDINGS (SUNL) is negative.
What is the buy/sell signal for SUNLIGHT FINANCIAL HOLDINGS (SUNL) stock?
The buy/sell signal for SUNLIGHT FINANCIAL HOLDINGS (SUNL) is sell as both the short term and long term trends are negative.