Country Icon

Renesola Ltd. (SOL) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Semiconductors
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 02 Dec 2016NoneDojiTue, 22 Nov 2016-10.39%
***Stock database and scans are updated around midnight (New York time) every trading day.
0.69 0.00 (0%) Dec 02 4:02pm EST
Open: 0.6780 Range: 0.6780 - 0.7000 Vol: 360K Avg Vol: 309.76K
EPS: -0.03 P/E ratio: 0.00 EBITDA: 103.21M Mkt Cap: 69.70M
Analyze "SOL" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 0.72
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 0.79
Last Trade is below the 50 day moving average at 0.91
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 1.19
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SOL

Stock Trend Analysis - Buy, Sell or Hold "Renesola Ltd." (SOL)?

SOL is in a long term downtrend and it has traded about 69% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 309.8K shares changing hands. The medium term trend for SOL is extremely bearish and weak, having traded almost 98% of the time below the 50 day moving average. The 20 day moving average is also very weak as SOL has been trading below its 20 SMA for 92.5% of the time in the last 8 weeks. SOL may be overdue for a relief rally but it has to be noted that as SOL is still in a downtrend characterized by the 200 SMA, currently at 1.19, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SOL".

The analyst consensus estimates for the 1 year price target for this stock is $0.83* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 02 Dec 2016
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
ONSMOnstream Media CorporationBuy, Sell or HoldTrading Levels & Pivots
PDFSPDF Solutions, Inc.Buy, Sell or HoldTrading Levels & Pivots
MSCCMicrosemi CorporationBuy, Sell or HoldTrading Levels & Pivots
ISSCInnovative Solutions and Support, Inc.Buy, Sell or HoldTrading Levels & Pivots
VRNTVerint Systems Inc.Buy, Sell or HoldTrading Levels & Pivots
DOXAmdocs LimitedBuy, Sell or HoldTrading Levels & Pivots
TZOOTravelzoo IncBuy, Sell or HoldTrading Levels & Pivots
ITWIllinois Tool Works Inc.Buy, Sell or HoldTrading Levels & Pivots
DSPGDSP Group, Inc.Buy, Sell or HoldTrading Levels & Pivots
IPGPIPG Photonics CorporationBuy, Sell or HoldTrading Levels & Pivots