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Stock Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (NYSE:SOL)

Long-Term Uptrend (+90) - SOL is in a strong uptrend that is likely to continue. While SOL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SOL?

MarketClub looks at technical strength and momentum to determine if the timing is right for SOL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_SOL
Open High Low SOL Price Change
7.03 7.32 6.95 7.19 +0.20
Entry Signal

MarketClub’s Trade Triangles for SOL

long term up The long-term trend has been UP since Aug 1st, 2022 at 6.300

intermediate term up The intermediate-term trend has been UP since May 31st, 2022 at 4.865

short term up The short-term trend has been UP since Jul 27th, 2022 at 5.120

Smart Scan Analysis for SOL

Based on our trend formula, SOL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SOL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.03 7.32 6.95 7.19 +0.20
Prev. Close Volume Bid Ask Time
6.99 439810 2022-08-12 15:59:51
Year High3.25Year High Date2018-01-05
Year Low1.31Year Low Date2018-10-30
52wk High9.7252wk High Date2021-11-02
52wk Low3.4652wk Low Date2022-05-12
Year End Close1.54Average Volume811,428
Shares Outstanding86,307Short Interest2,889,807
% Institutional12.1Market Cap38M
Assets519,900,000MLiabilities120,406,000M
P/E Ratio72.8125Beta3.67
Volatility65.43
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