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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.

Showing technical analysis as on 2024-09-24 View latest technical analysis

10 day averaged volume of Renesola is 350770

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	2.33	2.32	2.42	2.27	0.859 times
23 Mon Sep 2024	2.33	2.27	2.36	2.25	1.593 times
20 Fri Sep 2024	2.25	2.23	2.33	2.19	0.711 times
19 Thu Sep 2024	2.23	2.33	2.34	2.12	1.791 times
18 Wed Sep 2024	2.24	2.40	2.44	2.24	0.732 times
17 Tue Sep 2024	2.39	2.27	2.39	2.27	0.682 times
16 Mon Sep 2024	2.24	2.26	2.28	2.15	0.648 times
13 Fri Sep 2024	2.24	2.27	2.31	2.19	0.396 times
12 Thu Sep 2024	2.26	2.35	2.39	2.26	0.668 times
11 Wed Sep 2024	2.35	2.28	2.39	2.17	1.384 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.3, but if it comes below 2.3, then a intra day sell could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 2.1 as target. However if you take a buy trade in stock , then use 2.3 as stoploss and 2.6 as target.

Share price targets for Renesola (SOL)

Target Type	Value
Downside Target	1.41
Downside Target	1.46
Downside Target	1.50
Downside Target	1.71
Downside Target	1.78
Downside Target	1.90
Downside Target	2.00
Downside Target	2.12
Downside Target	2.17
Downside Target	2.25
Upside Target	2.39
Upside Target	2.42
Upside Target	2.44

Intraday share price targets for Renesola (SOL)

Target Type	Value
Downside Intraday Target	2.25
Downside Intraday Target	2.16
Upside Intraday Target	2.42
Upside Intraday Target	2.5
Upside Intraday Target	2.33

Weekly technical analysis of Renesola (SOL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	2.33	2.27	2.42	2.25	0.537 times
20 Fri Sep 2024	2.25	2.26	2.44	2.12	0.772 times
13 Fri Sep 2024	2.24	1.89	2.39	1.85	3.055 times
06 Fri Sep 2024	1.90	1.80	1.93	1.78	5.234 times
30 Fri Aug 2024	1.81	1.85	1.90	1.81	0.24 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
24 Tue Sep 2024	2.33	1.80	2.44	1.78	1.062 times
30 Fri Aug 2024	1.81	1.71	2.00	1.41	1.291 times
31 Wed Jul 2024	1.72	1.51	1.94	1.50	0.872 times
28 Fri Jun 2024	1.50	1.82	1.84	1.46	0.781 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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Renesola in short term and the buy signal is strong.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 2.29 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 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.