Overall SUNW gets a technical rating of 0 out of 10. SUNW'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 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.
0.06
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. |
0.06
-0.04 (-40.48%)
ChartMill assigns a technical rating of 0 / 10 to SUNW.
The current trend direction for SUNWORKS INC (SUNW) is Bearish.
SUNWORKS INC (SUNW) has an RSI value of 29.3543. This indicates that the stock is currently oversold.
The MACD indicator for SUNWORKS INC (SUNW) has a value of -0.0107604, indicating a bearish trend.