SOLAREDGE TECHNOLOGIES INC (SEDG) Stock Technical Analysis
NASDAQ:SEDG - Nasdaq - US83417M1045 - Common Stock - Currency: USD
Taking everything into account, SEDG scores 3 out of 10 in our technical rating. In the past year, SEDG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SEDG is a bad performer in the overall market: 84% of all stocks are doing better.
SEDG is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 62% of 108 stocks in the same industry do better.
SEDG is currently trading near the lower end of its 52 week range, which is not a good sign. SEDG is lagging the S&P500 Index which is trading in the middle of its 52 week range.
SEDG has an average volume of 4500960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SEDG has a been trading in the 12.95 - 23.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SEDG has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.46
18.86
We found 4 important support areas.
- A support zone ranging from 16.31 to 16.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.10 to 14.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.55 from a trend line in the daily time frame.
- Support @12.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @17.62 from a horizontal line in the weekly time frame.
- Resistance @18.67 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.6
Mansfield-4.54
10 Day High20.13
10 Day Low13.36
20 Day High23.77
20 Day Low12.95
52 Week High77.52
52 Week Low10.24
Performance
1 Week2.18%
2 Weeks-4.37%
1 Month14.16%
3 Month31.85%
6 Month-13.55%
12 Month-77.75%
2 Year-94.46%
3 Year-94.77%
5 Year-79.42%
10 Year-23.16%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.21
RSI(14)54.35
LBB14.07
UBB20.2
16.85
+0.83 (+5.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg5.18%
1 Week2.18%
2 Weeks-4.37%
1 Month14.16%
3 Month31.85%
6 Month-13.55%
12 Month-77.75%
2 Year-94.46%
3 Year-94.77%
5 Year-79.42%
10 Year-23.16%
15 YearN/A
Volatility
ATR(14)2.13
ATR(20)%10.75%
ATR Inc-25.78%
Range Today1.33
ADR(20)1.61
ADR(20)%9.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.6
Mansfield-4.54
10 Day High20.13
10 Day Low13.36
20 Day High23.77
20 Day Low12.95
52 Week High77.52
52 Week Low10.24
CS1 End16.84
CR1 Start17.62
Volume & EV
DER(3)2.66%
DER(5)0.6%
Volume4.16M
Volume Incr-30.2%
Vol(5)3.70M
Vol(50)4.50M