SUNWORKS INC (SUNW) Technical Analysis
NASDAQ:SUNW • US86803X2045
Current stock price
SUNW Technical Rating and Analysis
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 part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 94% are performing better than SUNW.
- SUNW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SUNW is lagging the market.
- 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.
SUNW Weekly and Daily overview Charts
SUNW Setup Rating and Analysis
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
SUNW Support and Resistance Analysis
SUNW 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 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. |
SUNW Chart- and CandleStick Pattern Analysis
SUNW Technicals: Chart, Performance Metrics, Trend & Indicators
0.06
-0.04 (-40.48%)
SUNWORKS INC / SUNW TA FAQ
What is the technical rating for SUNW stock?
ChartMill assigns a technical rating of 0 / 10 to SUNW.
Can you provide the trend direction for SUNWORKS INC?
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 short term momentum for SUNWORKS INC (SUNW) stock?
The short term momentum for SUNWORKS INC (SUNW) is negative.
Can you provide the buy/sell signal for SUNWORKS INC?
The buy/sell signal for SUNWORKS INC (SUNW) is sell as both the short term and long term trends are negative.