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

SOLAREDGE TECHNOLOGIES INC. - Daily - Technical analysis published on 01/03/2023 (GMT)

  • 226
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Neutral between 255.69 USD and 308.34 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 255.69 USD. The first resistance is located at 308.34 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by SOLAREDGE TECHNOLOGIES INC..

In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 adamrak12. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The SOLAREDGE TECHNOLOGIES INC. rating is 286.02 USD. The price has increased by +0.97% since the last closing with the lowest point at 285.03 USD and the highest point at 298.00 USD. The deviation from the price is +0.35% for the low point and -4.02% for the high point.

285.03
298.00
286.02

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

Central Gaps

Opening Gap UP

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 for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of SOLAREDGE TECHNOLOGIES INC. indicates that the overall trend is slightly bullish. 50.00% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily



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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 231.63 255.27 283.46 286.02 308.34 337.15 366.57
Change (%) -19.02% -10.75% -0.90% - +7.80% +17.88% +28.16%
Change -54.39 -30.75 -2.56 - +22.32 +51.13 +80.55
Level Minor Intermediate Major - Intermediate Major Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard266.86270.26276.77280.17286.68290.08296.59
Camarilla280.55281.45282.36283.27284.18285.09286.00
Woodie268.41271.04278.32280.95288.23290.86298.14
Fibonacci270.26274.05276.39280.17283.96286.30290.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard230.65250.88267.07287.30303.49323.72339.91
Camarilla273.26276.59279.93283.27286.61289.95293.29
Woodie228.64249.87265.06286.29301.48322.71337.90
Fibonacci250.88264.79273.38287.30301.21309.80323.72


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard185.12228.11255.69298.68326.26369.25396.83
Camarilla263.86270.33276.80283.27289.74296.21302.68
Woodie177.42224.26247.99294.83318.56365.40389.13
Fibonacci228.11255.07271.72298.68325.64342.29369.25

Numerical data


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

Technical indicators
Moving averages

RSI (14): 45.24
MACD (12,26,9): -0.6300
Directional Movement: -5.83
AROON (14): -64.28
DEMA (21): 302.32
Parabolic SAR (0,02-0,02-0,2): 325.46
Elder Ray (13): -6.31
Super Trend (3,10): 323.40
Zig ZAG (10): 287.37
VORTEX (21): 0.9000
Stochastique (14,3,5): 17.93
TEMA (21): 291.22
Williams %R (14): -77.00
Chande Momentum Oscillator (20): -48.28
Repulse (5,40,3): -4.7100
ROCnROLL: -1
TRIX (15,9): 0.3200
Courbe Coppock: 14.70
MA7: 291.66
MA20: 308.27
MA50: 281.02
MA100: 274.81
MAexp7: 291.37
MAexp20: 299.35
MAexp50: 288.82
MAexp100: 281.32
Price / MA7: -1.93%
Price / MA20: -7.22%
Price / MA50: +1.78%
Price / MA100: +4.08%
Price / MAexp7: -1.84%
Price / MAexp20: -4.45%
Price / MAexp50: -0.97%
Price / MAexp100: +1.67%

Quotes : - 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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