SUNRUN INC. - Daily - Technical analysis published on 02/27/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 12.66 USD
My targets
11.15 USD (-2.02%)
10.01 USD (-12.04%)
My analysis
In the short term, we can see an acceleration in the bearish trend on SUNRUN INC., which is a positive signal for sellers. As long as the price remains above 12.66 USD, a sale could be considered. The first bearish objective is located at 11.15 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 10.01 USD as an objective. Crossing it would then enable sellers to target 7.95 USD. If the price were to return above 12.66 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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This analysis was given by Sazzy. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SUNRUN INC. rating is 11.38 USD. The price registered a decrease of -4.37% on the session with the lowest point at 11.16 USD and the highest point at 12.23 USD. The deviation from the price is +1.97% for the low point and -6.95% for the high point.11.16
12.23
11.38
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
Here is a more detailed summary of the historical variations registered by SUNRUN INC.:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of SUNRUN INC. indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 7.95 | 10.01 | 11.15 | 11.38 | 13.62 | 16.51 | 17.94 |
Change (%) | -30.14% | -12.04% | -2.02% | - | +19.68% | +45.08% | +57.64% |
Change | -3.43 | -1.37 | -0.23 | - | +2.24 | +5.13 | +6.56 |
Level | Major | Minor | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 9.88 | 10.52 | 10.95 | 11.59 | 12.02 | 12.66 | 13.09 |
Camarilla | 11.09 | 11.18 | 11.28 | 11.38 | 11.48 | 11.58 | 11.67 |
Woodie | 9.78 | 10.47 | 10.85 | 11.54 | 11.92 | 12.61 | 12.99 |
Fibonacci | 10.52 | 10.93 | 11.18 | 11.59 | 12.00 | 12.25 | 12.66 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 9.88 | 10.52 | 10.95 | 11.59 | 12.02 | 12.66 | 13.09 |
Camarilla | 11.09 | 11.18 | 11.28 | 11.38 | 11.48 | 11.58 | 11.67 |
Woodie | 9.78 | 10.47 | 10.85 | 11.54 | 11.92 | 12.61 | 12.99 |
Fibonacci | 10.52 | 10.93 | 11.18 | 11.59 | 12.00 | 12.25 | 12.66 |
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): | 33.23 | |
MACD (12,26,9): | -0.5200 | |
Directional Movement: | -14.40 | |
AROON (14): | -42.86 | |
DEMA (21): | 14.13 | |
Parabolic SAR (0,02-0,02-0,2): | 17.55 | |
Elder Ray (13): | -2.65 | |
Super Trend (3,10): | 15.57 | |
Zig ZAG (10): | 11.38 | |
VORTEX (21): | 0.8100 | |
Stochastique (14,3,5): | 2.93 | |
TEMA (21): | 13.62 | |
Williams %R (14): | -96.74 | |
Chande Momentum Oscillator (20): | -3.93 | |
Repulse (5,40,3): | -19.1500 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0900 | |
Courbe Coppock: | 5.77 |
MA7: | 14.42 | |
MA20: | 14.90 | |
MA50: | 16.00 | |
MA100: | 13.62 | |
MAexp7: | 13.61 | |
MAexp20: | 14.66 | |
MAexp50: | 14.86 | |
MAexp100: | 14.79 | |
Price / MA7: | -21.08% | |
Price / MA20: | -23.62% | |
Price / MA50: | -28.88% | |
Price / MA100: | -16.45% | |
Price / MAexp7: | -16.39% | |
Price / MAexp20: | -22.37% | |
Price / MAexp50: | -23.42% | |
Price / MAexp100: | -23.06% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on SUNRUN INC. at the time of the generation of this analysis was as follows:
- Sunrun and PG&E Complete First Season of Innovative Residential Distributed Power Plant
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sunrun Inc. - RUN
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sunrun Inc. - RUN
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sunrun Inc. - RUN
- Sunrun partners with Ford to integrate EVs and solar power
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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