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.
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This analysis was given by adamrak12. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 266.86 | 270.26 | 276.77 | 280.17 | 286.68 | 290.08 | 296.59 |
Camarilla | 280.55 | 281.45 | 282.36 | 283.27 | 284.18 | 285.09 | 286.00 |
Woodie | 268.41 | 271.04 | 278.32 | 280.95 | 288.23 | 290.86 | 298.14 |
Fibonacci | 270.26 | 274.05 | 276.39 | 280.17 | 283.96 | 286.30 | 290.08 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 230.65 | 250.88 | 267.07 | 287.30 | 303.49 | 323.72 | 339.91 |
Camarilla | 273.26 | 276.59 | 279.93 | 283.27 | 286.61 | 289.95 | 293.29 |
Woodie | 228.64 | 249.87 | 265.06 | 286.29 | 301.48 | 322.71 | 337.90 |
Fibonacci | 250.88 | 264.79 | 273.38 | 287.30 | 301.21 | 309.80 | 323.72 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 185.12 | 228.11 | 255.69 | 298.68 | 326.26 | 369.25 | 396.83 |
Camarilla | 263.86 | 270.33 | 276.80 | 283.27 | 289.74 | 296.21 | 302.68 |
Woodie | 177.42 | 224.26 | 247.99 | 294.83 | 318.56 | 365.40 | 389.13 |
Fibonacci | 228.11 | 255.07 | 271.72 | 298.68 | 325.64 | 342.29 | 369.25 |
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 :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on SOLAREDGE TECHNOLOGIES INC.. At the time of publication of this analysis, the latest news was as follows:
- FINAL DEADLINE ALERT: The Schall Law Firm Encourages Investors in SolarEdge Technologies, Inc. with Losses of $100,000 to Contact the Firm
- SolarEdge to Acquire Hark Systems, a European-Based Energy Analytics and IoT Company
- Final Deadline Alert: Bronstein, Gewirtz & Grossman, LLC, A Successful Firm, Notifies SolarEdge Technologies Inc. (SEDG) Investors of Class Action and Encourages Investors to Actively Participate
- SEDG DEADLINE: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages SolarEdge Technologies, Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important January 3 Deadline in Securities Class Action - SEDG
- SEDG LAWSUIT ALERT: Levi & Korsinsky Notifies SolarEdge Technologies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
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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