SOLAR ALLIANCE ENERGY INC (SOLR.CA) Stock Technical Analysis
TSX-V:SOLR - TSX Venture Exchange - CA83418C1059 - Common Stock - Currency: CAD
Overall SOLR gets a technical rating of 0 out of 10. SOLR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
98% of all other stocks performed better in the past year than SOLR.
SOLR is part of the Independent Power and Renewable Electricity Producers industry. There are 40 other stocks in this industry, of which 100% are performing better than SOLR.
SOLR is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month SOLR has a been trading in the 0.02 - 0.03 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SOLR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for SOLR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.02
0.02
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.18
Mansfield-5.7
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.07
52 Week Low0.02
Performance
1 Week-20%
2 Weeks-20%
1 Month-20%
3 Month-42.86%
6 Month-60%
12 Month-63.64%
2 Year-75%
3 Year-82.61%
5 Year-42.86%
10 YearN/A
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
RSI(14)36.67
LBB0.02
UBB0.03
TSX-V:SOLR (2/21/2025, 7:00:00 PM)
0.02
-0.01 (-20%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-20%
1 Week-20%
2 Weeks-20%
1 Month-20%
3 Month-42.86%
6 Month-60%
12 Month-63.64%
2 Year-75%
3 Year-82.61%
5 Year-42.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%16.25%
ATR Inc55.56%
Range Today0
ADR(20)0
ADR(20)%15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.18
Mansfield-5.7
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.07
52 Week Low0.02
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)27.03%
DER(5)16.22%
Volume2.17M
Volume Incr419.97%
Vol(5)479.09K
Vol(50)140.46K