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(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.

10 day averaged volume of Renesola is 206140

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2.13	2.20	2.20	2.01	2.13 times
07 Thu Nov 2024	2.18	2.17	2.24	2.17	0.652 times
06 Wed Nov 2024	2.20	2.41	2.46	2.00	4.055 times
05 Tue Nov 2024	2.63	2.47	2.63	2.45	0.667 times
04 Mon Nov 2024	2.47	2.46	2.58	2.46	0.71 times
01 Fri Nov 2024	2.46	2.42	2.53	2.42	0.739 times
31 Thu Oct 2024	2.43	2.42	2.49	2.39	0.525 times
30 Wed Oct 2024	2.47	2.38	2.57	2.38	0.653 times
29 Tue Oct 2024	2.41	2.46	2.46	2.39	0.378 times
28 Mon Oct 2024	2.46	2.42	2.48	2.38	0.621 times

Stock of Renesola (SOL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.1, for a target of 2.3 or 2.47

Share price targets for Renesola (SOL)

Target Type	Value
Downside Target	1.41
Downside Target	1.50
Downside Target	1.78
Downside Target	1.94
Downside Target	2.00
Upside Target	2.34
Upside Target	2.45
Upside Target	2.55
Upside Target	2.63
Upside Target	2.68
Upside Target	2.69
Upside Target	2.74
Upside Target	3.00

Intraday share price targets for Renesola (SOL)

Target Type	Value
Downside Intraday Target	1.88
Downside Intraday Target	1.62
Upside Intraday Target	2.51
Upside Intraday Target	2.88
Upside Intraday Target	2.25

Weekly technical analysis of Renesola (SOL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2.13	2.46	2.63	2.00	2.816 times
01 Fri Nov 2024	2.46	2.42	2.57	2.38	0.585 times
25 Fri Oct 2024	2.39	2.48	2.68	2.34	1.417 times
18 Fri Oct 2024	2.49	2.63	2.69	2.45	0.703 times
11 Fri Oct 2024	2.67	2.90	3.00	2.55	0.472 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Renesola (SOL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2.13	2.42	2.63	2.00	0.394 times
31 Thu Oct 2024	2.43	2.69	3.00	2.34	0.644 times
30 Mon Sep 2024	2.70	1.80	2.74	1.78	1.48 times
30 Fri Aug 2024	1.81	1.71	2.00	1.41	1.291 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 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 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Renesola stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Renesola in short term and the sell signal is strong.

Renesola Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Renesola in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Renesola is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.29 and Renesola (SOL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Renesola (SOL) stock. Volume based technical analysis of Renesola (SOL) stock is negative.

Renesola Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.