SOLAREDGE TECHNOLOGIES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	SEDG
ISIN:

SOLAREDGE TECHNOLOGIES INC. - Daily - Technical analysis published on 02/14/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

11%

My opinion

Bullish above 102.28 USD

My targets

119.27 USD (+7.30%)

125.56 USD (+12.95%)

My analysis

The bullish trend is currently very strong on SOLAREDGE TECHNOLOGIES INC.. As long as the price remains above the support at 102.28 USD, you could try to benefit from the boom. The first bullish objective is located at 119.27 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 125.56 USD as an objective. 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

8.2

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 emerick. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SOLAREDGE TECHNOLOGIES INC. price is 111.16 USD. On the day, this instrument gained -0.63% and was between 108.69 USD and 113.20 USD. This implies that the price is at +2.27% from its lowest and at -1.80% from its highest.

108.69

113.20

111.16

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of SOLAREDGE TECHNOLOGIES INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed 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, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	76.42	93.50	110.13	111.16
Change (%)	-31.25%	-15.89%	-0.93%	-
Change	-34.74	-17.66	-1.03	-
Level	Minor	Major	Intermediate	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	103.91	105.66	108.76	110.52	113.62	115.37	118.47
Camarilla	110.53	110.97	111.42	111.86	112.31	112.75	113.20
Woodie	104.58	106.00	109.43	110.85	114.29	115.71	119.14
Fibonacci	105.66	107.52	108.66	110.52	112.37	113.52	115.37

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	83.31	90.49	95.55	102.73	107.79	114.97	120.03
Camarilla	97.25	98.38	99.50	100.62	101.74	102.86	103.99
Woodie	82.26	89.96	94.50	102.20	106.74	114.44	118.98
Fibonacci	90.49	95.16	98.05	102.73	107.40	110.29	114.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	74.59	85.29	91.58	102.28	108.57	119.27	125.56
Camarilla	93.19	94.75	96.30	97.86	99.42	100.98	102.53
Woodie	72.38	84.19	89.37	101.18	106.36	118.17	123.35
Fibonacci	85.29	91.78	95.79	102.28	108.77	112.78	119.27

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):	60.60
MACD (12,26,9):	2.4200
Directional Movement:	11.72
AROON (14):	92.86
DEMA (21):	107.67
Parabolic SAR (0,02-0,02-0,2):	96.33
Elder Ray (13):	5.38
Super Trend (3,10):	114.28
Zig ZAG (10):	111.16
VORTEX (21):	1.0500
Stochastique (14,3,5):	80.17
TEMA (21):	107.24
Williams %R (14):	-11.86
Chande Momentum Oscillator (20):	7.80
Repulse (5,40,3):	5.7200
ROCnROLL:	1
TRIX (15,9):	0.3000
Courbe Coppock:	1.53

MA7:	105.81
MA20:	104.76
MA50:	98.46
MA100:	91.12
MAexp7:	107.07
MAexp20:	104.39
MAexp50:	99.10
MAexp100:	91.88
Price / MA7:	+5.06%
Price / MA20:	+6.11%
Price / MA50:	+12.90%
Price / MA100:	+21.99%
Price / MAexp7:	+3.82%
Price / MAexp20:	+6.49%
Price / MAexp50:	+12.17%
Price / MAexp100:	+20.98%

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:

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

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