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Stock Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Emeren Group Ltd American Depositary Shares, each representing 10 shares (NYSE:SOL)
Strong Downtrend (-100) - SOL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SOL continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SOL
The long-term trend has been DOWN since Dec 9th, 2024 at 1.7600
The intermediate-term trend has been DOWN since Jan 28th, 2025 at 1.8600
The short-term trend has been DOWN since Feb 3rd, 2025 at 1.7815
Smart Scan Analysis for SOL
Based on our trend formula, SOL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.83 | 1.88 | 1.81 | 1.82 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.82 | 118974 | 2025-02-04 15:59:00 |
| Year High | 3.25 | Year High Date | 2018-01-05 |
| Year Low | 1.31 | Year Low Date | 2018-10-30 |
| 52wk High | 3 | 52wk High Date | 2024-10-07 |
| 52wk Low | 1.41 | 52wk Low Date | 2024-08-05 |
| Year End Close | 1.54 | Average Volume | 230,994 |
| Shares Outstanding | 86,307 | Short Interest | 2,889,807 |
| % Institutional | 12.1 | Market Cap | 38M |
| Assets | 470,111,000M | Liabilities | 150,540,000M |
| P/E Ratio | 52.5 | Beta | 3.67 |
| Volatility | 65.43 |