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EMEREN GROUP LTD (SOL) Stock Technical Analysis

NYSE:SOL - New York Stock Exchange, Inc. - US75971T3014 - ADR - Currency: USD

1.2394  -0.02 (-1.63%)

Technical Rating and Analysis

0

Overall SOL gets a technical rating of 0 out of 10. SOL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than SOL.
SOL is one of the lesser performing stocks in the Construction & Engineering industry. 66% of 51 stocks in the same industry do better.
SOL is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so SOL is not an exception.
In the last month SOL has a been trading in the 1.16 - 1.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
EMEREN GROUP LTD / SOL Weekly stock chart
EMEREN GROUP LTD / SOL Daily stock chart
Setup Rating and Analysis

3

The technical rating of SOL is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

1.16

2.91

When analyzing the support we notice one important area.

  • A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • Resistance @1.41 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 1.55 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.36 from a trend line in the weekly time frame.
  • Resistance @2.88 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.59
Mansfield-2.72
10 Day High1.53
10 Day Low1.16
20 Day High1.69
20 Day Low1.16
52 Week High3
52 Week Low1.04
Performance
1 Week-7.35%
2 Weeks-19.75%
1 Month-26.32%
3 Month-38.24%
6 Month-49.4%
12 Month-25.88%
2 Year-69.12%
3 Year-73.86%
5 Year26%
10 Year-85.18%
15 Year-96.77%
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)-0.03
RSI(14)38.04
LBB1.13
UBB1.68
EMEREN GROUP LTD / SOL Daily stock chart

EMEREN GROUP LTD

NYSE:SOL (4/21/2025, 3:38:42 PM)

1.2394

-0.02 (-1.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.63%
1 Week-7.35%
2 Weeks-19.75%
1 Month-26.32%
3 Month-38.24%
6 Month-49.4%
12 Month-25.88%
2 Year-69.12%
3 Year-73.86%
5 Year26%
10 Year-85.18%
15 Year-96.77%
Volatility
ATR(14)0.11
ATR(20)%7.42%
ATR Inc11.5%
Range Today0.04
ADR(20)0.09
ADR(20)%6.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.59
Mansfield-2.72
10 Day High1.53
10 Day Low1.16
20 Day High1.69
20 Day Low1.16
52 Week High3
52 Week Low1.04
CS1 End1.18
CR1 Start1.41
Volume & EV
DER(3)5.72%
DER(5)8.39%
Volume71.41K
Volume Incr-47.91%
Vol(5)329.02K
Vol(50)386.02K