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 02/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above 15.61 USD

My targets

17.30 USD (+4.59%)

17.94 USD (+8.46%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUNRUN INC. as long as the price remains well above 15.61 USD. The buyers' bullish objective is set at 17.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 17.94 USD. If there is any crossing, the next objective would be the resistance located at 20.32 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.

Force

5.4

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

SUNRUN INC. rating 16.54 USD. On the day, this instrument lost -2.71% and was between 16.14 USD and 16.77 USD. This implies that the price is at +2.48% from its lowest and at -1.37% from its highest.

16.14

16.77

16.54

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.63	15.22	16.51	16.54	17.30	17.94	20.32
Change (%)	-17.59%	-7.98%	-0.18%	-	+4.59%	+8.46%	+22.85%
Change	-2.91	-1.32	-0.03	-	+0.76	+1.40	+3.78
Level	Major	Major	Major	-	Major	Major	Intermediate

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	15.17	15.89	16.45	17.17	17.73	18.45	19.01
Camarilla	16.65	16.77	16.88	17.00	17.12	17.24	17.35
Woodie	15.08	15.85	16.36	17.13	17.64	18.41	18.92
Fibonacci	15.89	16.38	16.68	17.17	17.66	17.96	18.45

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.68	11.81	13.82	14.95	16.96	18.09	20.10
Camarilla	14.96	15.24	15.53	15.82	16.11	16.40	16.68
Woodie	11.11	12.03	14.25	15.17	17.39	18.31	20.53
Fibonacci	11.81	13.01	13.75	14.95	16.15	16.89	18.09

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	52.57
MACD (12,26,9):	0.2200
Directional Movement:	-1.31
AROON (14):	35.71
DEMA (21):	16.86
Parabolic SAR (0,02-0,02-0,2):	17.83
Elder Ray (13):	-0.16
Super Trend (3,10):	16.13
Zig ZAG (10):	16.57
VORTEX (21):	1.0300
Stochastique (14,3,5):	25.62
TEMA (21):	16.82
Williams %R (14):	-75.17
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	1.1700
ROCnROLL:	-1
TRIX (15,9):	0.2500
Courbe Coppock:	9.80

MA7:	16.27
MA20:	15.04
MA50:	15.98
MA100:	13.55
MAexp7:	16.64
MAexp20:	16.53
MAexp50:	16.03
MAexp100:	15.61
Price / MA7:	+1.66%
Price / MA20:	+9.97%
Price / MA50:	+3.50%
Price / MA100:	+22.07%
Price / MAexp7:	-0.60%
Price / MAexp20:	+0.06%
Price / MAexp50:	+3.18%
Price / MAexp100:	+5.96%

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.

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