(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 2024-05-13 View latest technical analysis
10 day averaged volume of Renesola is 175060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 1.91 | 1.83 | 1.96 | 1.82 | 1.345 times |
| 10 Fri May 2024 | 1.82 | 1.88 | 1.90 | 1.81 | 1.057 times |
| 09 Thu May 2024 | 1.87 | 1.83 | 1.90 | 1.83 | 0.783 times |
| 08 Wed May 2024 | 1.86 | 1.86 | 1.88 | 1.83 | 0.648 times |
| 07 Tue May 2024 | 1.88 | 1.92 | 1.92 | 1.87 | 0.729 times |
| 06 Mon May 2024 | 1.92 | 1.90 | 1.93 | 1.88 | 0.724 times |
| 03 Fri May 2024 | 1.87 | 1.88 | 1.99 | 1.86 | 1.491 times |
| 02 Thu May 2024 | 1.83 | 1.79 | 1.84 | 1.76 | 0.888 times |
| 01 Wed May 2024 | 1.78 | 1.78 | 1.87 | 1.78 | 0.82 times |
| 30 Tue Apr 2024 | 1.83 | 1.93 | 1.93 | 1.81 | 1.16 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.9, but if it comes below 1.9, then a intra day sell could be more profitable.
If you take a sell trade below 1.9, then use 1.9 as stoploss and 1.82 as target. However if you take a buy trade in stock , then use 1.9 as stoploss and 2 as target.
Share price targets for Renesola (SOL)
| Target Type | Value |
| Downside Target | 1.54 |
| Downside Target | 1.59 |
| Downside Target | 1.70 |
| Downside Target | 1.76 |
| Downside Target | 1.81 |
| Upside Target | 1.92 |
| Upside Target | 1.99 |
| Upside Target | 2.00 |
| Upside Target | 2.04 |
| Upside Target | 2.31 |
| Upside Target | 2.49 |
| Upside Target | 2.50 |
| Upside Target | 2.77 |
Intraday share price targets for Renesola (SOL)
| Target Type | Value |
| Downside Intraday Target | 1.83 |
| Downside Intraday Target | 1.76 |
| Upside Intraday Target | 1.97 |
| Upside Intraday Target | 2.04 |
| Downside Intraday Target | 1.9 |
Weekly technical analysis of Renesola (SOL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 1.91 | 1.83 | 1.96 | 1.82 | 0.341 times |
| 10 Fri May 2024 | 1.82 | 1.90 | 1.93 | 1.81 | 0.65 times |
| 03 Fri May 2024 | 1.87 | 1.90 | 2.00 | 1.76 | 0.487 times |
| 26 Fri Apr 2024 | 1.89 | 1.70 | 1.92 | 1.59 | 1.255 times |
| 19 Fri Apr 2024 | 1.70 | 2.03 | 2.04 | 1.70 | 0.964 times |
Price has moved up 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 |
| 13 Mon May 2024 | 1.91 | 1.78 | 1.99 | 1.76 | 0.113 times |
| 30 Tue Apr 2024 | 1.83 | 1.94 | 2.49 | 1.59 | 1.147 times |
| 28 Thu Mar 2024 | 1.93 | 2.23 | 2.31 | 1.77 | 1.028 times |
| 29 Thu Feb 2024 | 2.23 | 1.76 | 2.50 | 1.54 | 1.183 times |
Scroll below to view daily charts
Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Renesola ( (SOL) ) based on a short to mid 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.
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 SELL. Signal strength is Weak and stock is losing 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 red color and prices are in or above the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.86 and Renesola (SOL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Renesola ( (SOL) ) based on a short to mid 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.
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 SELL. Signal strength is Weak and stock is losing 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 red color and prices are in or above the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.86 and Renesola (SOL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.