SUNRUN INC.
SUNRUN INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RUN
ISIN:

SUNRUN INC. - 1H - Technical analysis published on 02/14/2024 (GMT)

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  • 02/14/2024 - 19:30
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  • Timeframe : 1H
  • - Analysis generated on 02/14/2024 - 19:30
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 15.61 USD
My targets
17.30 USD (+4.34%)
17.94 USD (+8.20%)
My analysis
The bullish trend is currently very strong on SUNRUN INC.. As long as the price remains above the support at 15.61 USD, you could try to benefit from the boom. The first bullish objective is located at 17.30 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 17.94 USD as an objective. Crossing it would then enable buyers to target 18.76 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

The SUNRUN INC. price is 16.58 USD. The price has increased by +8.86% since the last closing and was between 15.52 USD and 16.74 USD. This implies that the price is at +6.83% from its lowest and at -0.96% from its highest.

15.52
16.74
16.58

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SUNRUN INC.:
Created with Raphaël 2.3.0-100-75-50-25025January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of SUNRUN INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.62 15.22 16.51 16.58 17.30 17.94 18.76
Change (%) -17.85% -8.20% -0.42% - +4.34% +8.20% +13.15%
Change -2.96 -1.36 -0.07 - +0.72 +1.36 +2.18
Level Major Major Major - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.7314.3014.7615.3315.7916.3616.82
Camarilla14.9515.0415.1415.2315.3215.4215.51
Woodie13.6914.2714.7215.3015.7516.3316.78
Fibonacci14.3014.6914.9315.3315.7215.9616.36


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.6811.8113.8214.9516.9618.0920.10
Camarilla14.9615.2415.5315.8216.1116.4016.68
Woodie11.1112.0314.2515.1717.3918.3120.53
Fibonacci11.8113.0113.7514.9516.1516.8918.09


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.387.8311.1615.6118.9423.3926.72
Camarilla12.3413.0513.7714.4815.1915.9116.62
Woodie2.817.5510.5915.3318.3723.1126.15
Fibonacci7.8310.8112.6415.6118.5920.4223.39

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Buy12
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 59.94
MACD (12,26,9): 0.2100
Directional Movement: 11.19
AROON (14): -21.43
DEMA (21): 16.29
Parabolic SAR (0,02-0,02-0,2): 15.04
Elder Ray (13): 0.48
Super Trend (3,10): 15.30
Zig ZAG (10): 16.59
VORTEX (21): 1.1300
Stochastique (14,3,5): 72.26
TEMA (21): 16.26
Williams %R (14): -26.43
Chande Momentum Oscillator (20): 1.47
Repulse (5,40,3): 1.3200
ROCnROLL: 1
TRIX (15,9): 0.1400
Courbe Coppock: 3.34
MA7: 15.68
MA20: 14.67
MA50: 15.87
MA100: 13.47
MAexp7: 16.27
MAexp20: 16.01
MAexp50: 15.58
MAexp100: 15.30
Price / MA7: +5.74%
Price / MA20: +13.02%
Price / MA50: +4.47%
Price / MA100: +23.09%
Price / MAexp7: +1.84%
Price / MAexp20: +3.50%
Price / MAexp50: +6.35%
Price / MAexp100: +8.30%

Quotes : 02/14/2024 - 19:14 - 15 min delayed data - NASDAQ Stocks

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

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