POWERBANK CORP (SUUN) Stock Technical Analysis
USA - NASDAQ:SUUN - CA73933V1004 - Common Stock
Taking everything into account, SUUN scores 0 out of 10 in our technical rating. SUUN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SUUN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SUUN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.51
We found 3 important support areas.
- Support @1.64 from a trend line in the daily time frame.
- A support zone ranging from 1.57 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.53 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.71 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.88 from a trend line in the daily time frame.
- Resistance @2.49 from a horizontal line in the daily time frame.
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 SUUN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SUUN is down. |
| ChartMill Relative Strength | 11.34 | NEGATIVE | SUUN has a low relative strength, it was outperformed by 88.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SUUN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SUUN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SUUN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.89 | NEUTRAL | The RSI value for SUUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SUUN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.58 | NEUTRAL | The Stochastics value for SUUN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for SUUN suggests high volalility. |
| Average Directional Index/ADX (14) | 9.3 | NEGATIVE | The low ADX value for SUUN suggests a weak or negative trend. |
1.65
+0.06 (+3.77%)
POWERBANK CORP / SUUN FAQ
What is the technical rating for SUUN stock?
ChartMill assigns a technical rating of 0 / 10 to SUUN.
What is the current trend direction of POWERBANK CORP (SUUN) stock?
The current trend direction for POWERBANK CORP (SUUN) is Bearish.
What is the RSI signal for SUUN stock?
POWERBANK CORP (SUUN) has an RSI value of 46.8866. This indicates that the stock is currently neutral.
What is the MACD signal for SUUN stock?
The MACD indicator for POWERBANK CORP (SUUN) has a value of -0.000604336, indicating a bearish trend.
Can you provide the support and resistance levels for POWERBANK CORP?
POWERBANK CORP (SUUN) has a support level at 1.64 and a resistance level at 1.71. Check the full technical report for our detailed analysis of SUUN support and resistance levels.