We assign a technical rating of 0 out of 10 to SUUN. SUUN'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.
Although the technical rating is bad, SUUN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.56, a Stop Loss order could be placed below this zone.
More info and screens
1.49
We found 1 important support area.
- A support zone ranging from 1.51 to 1.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.60 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.67 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for SUUN is neutral. |
| ChartMill Relative Strength | 13.61 | NEGATIVE | SUUN has a low relative strength, it was outperformed by 86.39% 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) | 45.57 | NEUTRAL | The RSI value for SUUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SUUN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.9 | NEUTRAL | The Stochastics value for SUUN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.87 | HIGH VOLATILITY | The high ATR as a percentage value for SUUN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.54 | NEGATIVE | The low ADX value for SUUN suggests a weak or negative trend. |
1.57
-0.02 (-1.26%)
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 45.5719. 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 0.00329977, indicating a bearish trend.
Can you provide the support and resistance levels for POWERBANK CORP?
POWERBANK CORP (SUUN) has a support level at 1.56 and a resistance level at 1.6. Check the full technical report for our detailed analysis of SUUN support and resistance levels.