SUNWORKS INC (SUNW) Stock Technical Analysis
NASDAQ:SUNW - Nasdaq - US86803X2045 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SUNW. SUNW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 SUNW.
SUNW is one of the lesser performing stocks in the Electrical Equipment industry. 92% of 94 stocks in the same industry do better.
SUNW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SUNW has a been trading in the 0.04 - 0.25 range, which is quite wide. It is currently trading near the lows of this range.
SUNW has an average volume of 17832400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of SUNW is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
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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 SUNW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUNW is down. |
| ChartMill Relative Strength | 0.44 | NEGATIVE | SUNW has a low relative strength, it was outperformed by 99.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SUNW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SUNW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SUNW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.35 | OVERSOLD | The low RSI value suggests SUNW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SUNW has a negative trend. |
| Stochastics (14,3) | 24.83 | NEUTRAL | The Stochastics value for SUNW is a neutral value. |
| Average True Range in percent/ATR (20) | 67.89 | HIGH VOLATILITY | The high ATR as a percentage value for SUNW suggests high volalility. |
| Average Directional Index/ADX (14) | 15.2 | NEGATIVE | The low ADX value for SUNW 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)
0.06
-0.04 (-40.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-40.48%
1 Week7.14%
2 Weeks-72.74%
1 Month-69.74%
3 Month-78.57%
6 Month-93.46%
12 Month-96.89%
2 Year-97.44%
3 Year-99.55%
5 Year-98.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%67.89%
ATR Inc-30.16%
Range Today0.02
ADR(20)0.03
ADR(20)%51.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.44
Mansfield-9.38
10 Day High0.23
10 Day Low0.04
20 Day High0.25
20 Day Low0.04
52 Week High2.11
52 Week Low0.04
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.42%
DER(5)-0.04%
Volume32.64M
Volume Incr1717.43%
Vol(5)125.54M
Vol(50)17.83M