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SUNWORKS INC (SUNW) Stock Technical Analysis

USA - Nasdaq - NASDAQ:SUNW - US86803X2045 - Common Stock

0.06 USD
-0.04 (-40.48%)
Last: 2/14/2024, 8:10:19 PM
0.0512 USD
-0.01 (-14.67%)
After Hours: 2/14/2024, 8:10:19 PM
Technical Rating and Analysis

0

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.

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. 96% of 90 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.
Weekly and Daily overview Charts
SUNWORKS INC / SUNW Weekly stock chart
SUNWORKS INC / SUNW Daily stock chart
Setup Rating and Analysis

3

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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for SUNW is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SUNW is down.
ChartMill Relative Strength0.44NEGATIVESUNW has a low relative strength, it was outperformed by 99.56% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SUNW is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SUNW is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SUNW is below a declining SMA(200).
Relative Strength Index/RSI (14)29.35OVERSOLDThe low RSI value suggests SUNW may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests SUNW has a negative trend.
Stochastics (14,3)24.83NEUTRALThe Stochastics value for SUNW is a neutral value.
Average True Range in percent/ATR (20)67.89HIGH VOLATILITYThe high ATR as a percentage value for SUNW suggests high volalility.
Average Directional Index/ADX (14)15.2NEGATIVEThe low ADX value for SUNW suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
SUNWORKS INC / SUNW Daily stock chart

SUNWORKS INC

NASDAQ:SUNW (2/14/2024, 8:10:19 PM)

After market: 0.0512 -0.01 (-14.67%)

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
3 months CRSN/A
6 months CRSN/A
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

SUNWORKS INC / SUNW FAQ

What is the technical rating for SUNW stock?

ChartMill assigns a technical rating of 0 / 10 to SUNW.


What is the current trend direction of SUNWORKS INC (SUNW) stock?

The current trend direction for SUNWORKS INC (SUNW) is Bearish.


What is the RSI signal for SUNW stock?

SUNWORKS INC (SUNW) has an RSI value of 29.3543. This indicates that the stock is currently oversold.


What is the MACD signal for SUNW stock?

The MACD indicator for SUNWORKS INC (SUNW) has a value of -0.0107604, indicating a bearish trend.