Londinia Opportunities Analyses - 07/23/2024 (GMT) SUNRUN INC. - Daily

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	RUN
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 17.00 USD

My targets

18.29 USD (+5.07%)

20.22 USD (+16.14%)

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 17.00 USD. The buyers' bullish objective is set at 18.29 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.22 USD. If there is any crossing, the next objective would be the resistance located at 39.05 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 sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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.

Additional analysis

Quotes

The SUNRUN INC. rating is 17.41 USD. The price has increased by +2.77% since the last closing with the lowest point at 16.63 USD and the highest point at 17.88 USD. The deviation from the price is +4.69% for the low point and -2.63% for the high point.

16.63

17.88

17.41

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SUNRUN INC.:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Journalier chart of SUNRUN INC. indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.18	14.92	17.00	17.41	20.22	39.05	58.66
Change (%)	-24.30%	-14.30%	-2.35%	-	+16.14%	+124.30%	+236.93%
Change	-4.23	-2.49	-0.41	-	+2.81	+21.64	+41.25
Level	Major	Intermediate	Minor	-	Major	Intermediate	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	15.01	15.84	16.39	17.22	17.77	18.60	19.15
Camarilla	16.56	16.69	16.81	16.94	17.07	17.19	17.32
Woodie	14.87	15.77	16.25	17.15	17.63	18.53	19.01
Fibonacci	15.84	16.37	16.69	17.22	17.75	18.07	18.60

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.14	12.75	14.85	16.46	18.56	20.17	22.27
Camarilla	15.93	16.27	16.61	16.95	17.29	17.63	17.97
Woodie	11.39	12.87	15.10	16.58	18.81	20.29	22.52
Fibonacci	12.75	14.17	15.04	16.46	17.88	18.75	20.17

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.12	8.33	10.10	13.31	15.08	18.29	20.06
Camarilla	10.49	10.95	11.40	11.86	12.32	12.77	13.23
Woodie	4.39	7.97	9.37	12.95	14.35	17.93	19.33
Fibonacci	8.33	10.24	11.41	13.31	15.22	16.39	18.29

Numerical data

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

Technical indicators

Moving averages

RSI (14):	65.60
MACD (12,26,9):	1.1700
Directional Movement:	17.78
AROON (14):	78.57
DEMA (21):	16.60
Parabolic SAR (0,02-0,02-0,2):	14.30
Elder Ray (13):	1.36
Super Trend (3,10):	13.51
Zig ZAG (10):	17.35
VORTEX (21):	1.0800
Stochastique (14,3,5):	86.85
TEMA (21):	17.38
Williams %R (14):	-9.67
Chande Momentum Oscillator (20):	5.16
Repulse (5,40,3):	0.3200
ROCnROLL:	1
TRIX (15,9):	0.8500
Courbe Coppock:	81.19

MA7:	16.93
MA20:	14.42
MA50:	13.67
MA100:	12.50
MAexp7:	16.74
MAexp20:	15.24
MAexp50:	13.97
MAexp100:	13.46
Price / MA7:	+2.84%
Price / MA20:	+20.74%
Price / MA50:	+27.36%
Price / MA100:	+39.28%
Price / MAexp7:	+4.00%
Price / MAexp20:	+14.24%
Price / MAexp50:	+24.62%
Price / MAexp100:	+29.35%

Quotes : - 15 min delayed data - Actions NASDAQ

News

Don't forget to follow the news on SUNRUN INC.. At the time of publication of this analysis, the latest news was as follows: