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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.
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MarketClub’s Trade Triangles for SOL
The long-term trend has been UP since Aug 1st, 2022 at 6.300
The intermediate-term trend has been UP since May 31st, 2022 at 4.865
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).
| 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 High | 3.25 | Year High Date | 2018-01-05 |
| Year Low | 1.31 | Year Low Date | 2018-10-30 |
| 52wk High | 9.72 | 52wk High Date | 2021-11-02 |
| 52wk Low | 3.46 | 52wk Low Date | 2022-05-12 |
| Year End Close | 1.54 | Average Volume | 811,428 |
| Shares Outstanding | 86,307 | Short Interest | 2,889,807 |
| % Institutional | 12.1 | Market Cap | 38M |
| Assets | 519,900,000M | Liabilities | 120,406,000M |
| P/E Ratio | 72.8125 | Beta | 3.67 |
| Volatility | 65.43 |