SUNRUN INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	RUN
ISIN:

SUNRUN INC. - Daily - Technical analysis published on 02/09/2024 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 14.56 USD

My targets

16.51 USD (+4.43%)

17.94 USD (+13.47%)

My analysis

SUNRUN INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.56 USD. The next resistance located at 16.51 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 17.94 USD. After this resistance, buyers could then target 20.32 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Sazzy. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SUNRUN INC. price is 15.81 USD. The price registered an increase of +2.40% on the session and was between 15.39 USD and 16.09 USD. This implies that the price is at +2.73% from its lowest and at -1.74% from its highest.

15.39

16.09

15.81

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this SUNRUN INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.01	13.17	14.56	15.81	16.51	17.94	20.32
Change (%)	-36.69%	-16.70%	-7.91%	-	+4.43%	+13.47%	+28.53%
Change	-5.80	-2.64	-1.25	-	+0.70	+2.13	+4.51
Level	Minor	Major	Major	-	Major	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.44	14.77	15.10	15.43	15.76	16.09	16.42
Camarilla	15.26	15.32	15.38	15.44	15.50	15.56	15.62
Woodie	14.45	14.77	15.11	15.43	15.77	16.09	16.43
Fibonacci	14.77	15.02	15.18	15.43	15.68	15.84	16.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.43	11.97	13.16	14.70	15.89	17.43	18.62
Camarilla	13.59	13.84	14.09	14.34	14.59	14.84	15.09
Woodie	10.25	11.88	12.98	14.61	15.71	17.34	18.44
Fibonacci	11.97	13.02	13.66	14.70	15.75	16.39	17.43

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.38	7.83	11.16	15.61	18.94	23.39	26.72
Camarilla	12.34	13.05	13.77	14.48	15.19	15.91	16.62
Woodie	2.81	7.55	10.59	15.33	18.37	23.11	26.15
Fibonacci	7.83	10.81	12.64	15.61	18.59	20.42	23.39

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.63
MACD (12,26,9):	-0.1300
Directional Movement:	9.17
AROON (14):	-21.43
DEMA (21):	14.72
Parabolic SAR (0,02-0,02-0,2):	12.95
Elder Ray (13):	0.85
Super Trend (3,10):	16.04
Zig ZAG (10):	15.81
VORTEX (21):	0.9400
Stochastique (14,3,5):	79.26
TEMA (21):	14.54
Williams %R (14):	-14.09
Chande Momentum Oscillator (20):	2.24
Repulse (5,40,3):	4.9800
ROCnROLL:	1
TRIX (15,9):	-0.3900
Courbe Coppock:	13.81

MA7:	14.84
MA20:	14.38
MA50:	15.69
MA100:	13.41
MAexp7:	15.04
MAexp20:	14.96
MAexp50:	14.89
MAexp100:	14.78
Price / MA7:	+6.54%
Price / MA20:	+9.94%
Price / MA50:	+0.76%
Price / MA100:	+17.90%
Price / MAexp7:	+5.12%
Price / MAexp20:	+5.68%
Price / MAexp50:	+6.18%
Price / MAexp100:	+6.97%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on SUNRUN INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15275

Number of analyses :

85764

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…