(SOL) Renesola complete technical analysis [charts+indicators] | Buy/Sell Renesola | (SOL) share price targets
Complete technical analysis of Renesola (SOL) by charts plus indicators, forecast predictions and share price targets for Renesola (SOL)
Renesola trades in USA in Technology sector.
Showing technical analysis as on 2024-03-08 View latest technical analysis
10 day averaged volume of Renesola is 577590
Date | Daily Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 2.23 | 2.19 | 2.27 | 2.16 | 1.046 times |
07 Thu Mar 2024 | 2.18 | 2.03 | 2.23 | 2.02 | 1.038 times |
06 Wed Mar 2024 | 2.02 | 2.02 | 2.10 | 1.99 | 0.91 times |
05 Tue Mar 2024 | 2.02 | 2.08 | 2.09 | 2.02 | 0.75 times |
04 Mon Mar 2024 | 2.10 | 2.30 | 2.30 | 2.09 | 1.094 times |
01 Fri Mar 2024 | 2.27 | 2.23 | 2.31 | 2.20 | 0.89 times |
29 Thu Feb 2024 | 2.23 | 2.27 | 2.50 | 2.20 | 1.705 times |
28 Wed Feb 2024 | 2.22 | 2.14 | 2.31 | 2.14 | 1.315 times |
27 Tue Feb 2024 | 2.17 | 2.07 | 2.21 | 2.07 | 1.017 times |
26 Mon Feb 2024 | 2.05 | 1.96 | 2.10 | 1.92 | 0.586 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.2, but if it comes below 2.2, then a intra day sell could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 2.1 as target. However if you take a buy trade in stock , then use 2.2 as stoploss and 2.3 as target.
Share price targets for Renesola (SOL)
Target Type | Value |
Downside Target | 1.54 |
Downside Target | 1.71 |
Downside Target | 1.82 |
Downside Target | 1.91 |
Downside Target | 1.99 |
Downside Target | 2.16 |
Upside Target | 2.28 |
Upside Target | 2.31 |
Upside Target | 2.50 |
Upside Target | 2.77 |
Upside Target | 2.83 |
Upside Target | 2.97 |
Intraday share price targets for Renesola (SOL)
Target Type | Value |
Downside Intraday Target | 2.05 |
Downside Intraday Target | 1.86 |
Upside Intraday Target | 2.36 |
Upside Intraday Target | 2.48 |
Downside Intraday Target | 2.17 |
Weekly technical analysis of Renesola (SOL)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 2.23 | 2.30 | 2.30 | 1.99 | 0.878 times |
01 Fri Mar 2024 | 2.27 | 1.96 | 2.50 | 1.92 | 2.05 times |
23 Fri Feb 2024 | 1.98 | 2.13 | 2.16 | 1.92 | 0.394 times |
16 Fri Feb 2024 | 2.15 | 1.95 | 2.28 | 1.91 | 1.852 times |
09 Fri Feb 2024 | 1.78 | 1.65 | 1.82 | 1.54 | 0.89 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Renesola (SOL)
Date | Monthly Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 2.23 | 2.23 | 2.31 | 1.99 | 0.296 times |
29 Thu Feb 2024 | 2.23 | 1.76 | 2.50 | 1.54 | 1.183 times |
31 Wed Jan 2024 | 1.71 | 2.68 | 2.77 | 1.71 | 0.607 times |
29 Fri Dec 2023 | 2.73 | 2.41 | 2.97 | 2.28 | 1.728 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Renesola (SOL)
Price action analysis of Renesola ( (SOL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Renesola ( (SOL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Renesola ( (SOL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Renesola ( (SOL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Renesola stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Renesola in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Renesola Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Renesola in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Renesola is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.16 and Renesola (SOL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Renesola (SOL) stock. Volume based technical analysis of Renesola (SOL) stock is negative.
Renesola Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Renesola ( (SOL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Renesola ( (SOL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Renesola ( (SOL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Renesola ( (SOL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Renesola stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Renesola in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Renesola Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Renesola in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Renesola is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.16 and Renesola (SOL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Renesola (SOL) stock. Volume based technical analysis of Renesola (SOL) stock is negative.
Renesola Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.