(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 2024-05-23 View latest technical analysis
10 day averaged volume of Renesola is 244559
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 2.10 | 2.10 | 2.14 | 2.02 | 1.774 times |
| 22 Wed May 2024 | 2.08 | 1.97 | 2.17 | 1.97 | 2.059 times |
| 21 Tue May 2024 | 1.98 | 1.96 | 2.01 | 1.95 | 0.756 times |
| 20 Mon May 2024 | 1.97 | 1.98 | 2.01 | 1.96 | 0.498 times |
| 17 Fri May 2024 | 1.97 | 2.01 | 2.04 | 1.95 | 0.725 times |
| 16 Thu May 2024 | 2.00 | 1.95 | 2.01 | 1.93 | 1.097 times |
| 15 Wed May 2024 | 1.95 | 2.04 | 2.05 | 1.94 | 0.88 times |
| 14 Tue May 2024 | 2.01 | 1.96 | 2.07 | 1.93 | 1.706 times |
| 13 Mon May 2024 | 1.91 | 1.83 | 1.96 | 1.82 | 0.963 times |
| 10 Fri May 2024 | 1.82 | 1.88 | 1.90 | 1.81 | 0.757 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.1, for a target of 2 or 1.92
Share price targets for Renesola (SOL)
| Target Type | Value |
| Downside Target | 1.54 |
| Downside Target | 1.59 |
| Downside Target | 1.71 |
| Downside Target | 1.76 |
| Downside Target | 1.81 |
| Downside Target | 1.92 |
| Downside Target | 2.00 |
| Downside Target | 2.07 |
| Upside Target | 2.17 |
| 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 | 1.98 |
| Downside Intraday Target | 1.85 |
| Upside Intraday Target | 2.2 |
| Upside Intraday Target | 2.29 |
| Downside Intraday Target | 2.07 |
Weekly technical analysis of Renesola (SOL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 2.10 | 1.98 | 2.17 | 1.95 | 0.947 times |
| 17 Fri May 2024 | 1.97 | 1.83 | 2.07 | 1.82 | 1.904 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 |
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 |
| 23 Thu May 2024 | 2.10 | 1.78 | 2.17 | 1.76 | 0.288 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Renesola Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 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 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Renesola Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.