SUNWORKS INC. - Daily - Technical analysis published on 02/10/2021 (GMT)
- 183
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
SUNWORKS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 17.23 USD
My targets
24.37 USD (+19.64%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUNWORKS INC. as long as the price remains well above 17.23 USD. The buyers” bullish objective is set at 24.37 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.4
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 savas.
Additional analysis
Quotes
The SUNWORKS INC. price is 20.37 USD. On the day, this instrument gained +1.09% and was between 20.03 USD and 22.50 USD. This implies that the price is at +1.70% from its lowest and at -9.47% from its highest.20.03
22.50
20.37
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
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:
Technical
Technical analysis of SUNWORKS 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 market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Aroon indicator bearish trend
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 8.73 | 12.60 | 16.58 | 20.37 | 24.37 |
| Change (%) | -57.14% | -38.14% | -18.61% | - | +19.64% |
| Change | -11.64 | -7.77 | -3.79 | - | +4.00 |
| Level | Major | Major | 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 | 18.90 | 19.45 | 19.80 | 20.35 | 20.70 | 21.25 | 21.60 |
| Camarilla | 19.90 | 19.99 | 20.07 | 20.15 | 20.23 | 20.32 | 20.40 |
| Woodie | 18.80 | 19.40 | 19.70 | 20.30 | 20.60 | 21.20 | 21.50 |
| Fibonacci | 19.45 | 19.79 | 20.01 | 20.35 | 20.69 | 20.91 | 21.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.97 | 12.43 | 16.82 | 20.28 | 24.67 | 28.13 | 32.52 |
| Camarilla | 19.04 | 19.76 | 20.48 | 21.20 | 21.92 | 22.64 | 23.36 |
| Woodie | 9.43 | 12.66 | 17.28 | 20.51 | 25.13 | 28.36 | 32.98 |
| Fibonacci | 12.43 | 15.43 | 17.29 | 20.28 | 23.28 | 25.14 | 28.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -19.72 | -7.57 | 5.08 | 17.23 | 29.88 | 42.03 | 54.68 |
| Camarilla | 10.92 | 13.19 | 15.47 | 17.74 | 20.01 | 22.29 | 24.56 |
| Woodie | -19.46 | -7.45 | 5.34 | 17.36 | 30.14 | 42.16 | 54.94 |
| Fibonacci | -7.57 | 1.90 | 7.75 | 17.23 | 26.70 | 32.55 | 42.03 |
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): | 64.11 | |
| MACD (12,26,9): | 3.0200 | |
| Directional Movement: | 26.32 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 21.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.84 | |
| Elder Ray (13): | 2.13 | |
| Super Trend (3,10): | 15.18 | |
| Zig ZAG (10): | 20.37 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 37.62 | |
| TEMA (21): | 22.26 | |
| Williams %R (14): | -66.81 | |
| Chande Momentum Oscillator (20): | -4.00 | |
| Repulse (5,40,3): | -8.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 4.2300 | |
| Courbe Coppock: | 71.06 |
| MA7: | 20.10 | |
| MA20: | 18.29 | |
| MA50: | 10.47 | |
| MA100: | 6.83 | |
| MAexp7: | 20.11 | |
| MAexp20: | 17.60 | |
| MAexp50: | 12.57 | |
| MAexp100: | 8.67 | |
| Price / MA7: | +1.34% | |
| Price / MA20: | +11.37% | |
| Price / MA50: | +94.56% | |
| Price / MA100: | +198.24% | |
| Price / MAexp7: | +1.29% | |
| Price / MAexp20: | +15.74% | |
| Price / MAexp50: | +62.05% | |
| Price / MAexp100: | +134.95% |
Quotes :
2021-02-10 20:59:59
-
15 min delayed data
-
NASDAQ Stocks
News
Don"t forget to follow the news on SUNWORKS INC.. At the time of publication of this analysis, the latest news was as follows:
- Sunworks Announces Preliminary Fourth Quarter and Year End Financial Results
-
Sunworks, Inc. - SUNW Stock Chart Technical Analysis for 01-22-2021
-
Sunworks, Inc. - SUNW Stock Chart Technical Analysis for 01-12-2021
-
Sunworks, Inc. - SUNW Stock Chart Technical Analysis for 01-07-2021
-
Sunworks, Inc. - SUNW Stock Chart Technical Analysis for 01-06-2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis SUNWORKS INC. - Daily