Trading Signals: SOL Stock Price Prediction and Forecast

^ SOL: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Jan. 25, 2021

Trading Signals: SOL Stock Price Prediction and Forecast (Tue. Jan. 19, 2016 - Fri. May. 13, 2022)

(ReneSola Ltd)
SOL latest price $26.1900 (-21.94%) ($25.0300 - $28.0000) on Mon. Jan. 25, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   11.46% (three month average)
RSI   77
Latest Price   $26.1900(-21.94%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOL advances 2.7% a day on average for past five trading days.
Weekly Trend   SOL advances 28.3% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SOL advance at 0% a week (0% probability)
ACES(75%)    TAN(75%)    ICLN(73%)    ARKK(56%)    ARKG(54%)
Factors Impacting SOL price   SOL will decline at least -5.73% in a week (0% probabilities).
VXX(-32%)    VIXM(-31%)    UUP(-15%)    XLP(-12%)    SPLV(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -5.73% (StdDev 11.46%)
Hourly BBV -1.1 ()
Intraday Trend 1.9%

Inflection Point   Yes
5 Day Moving Average   $27.96(-6.33%)
10 Day Moving Average   $25.5(2.71%)
20 Day Moving Average   $20.1(30.3%)
To recent high   -21.9%
To recent low   422.8%
Market Cap   $1.564b

$. SOL price fluctuates within 31.64% (three month std-dev: 11.46%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210225

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_25_2021	12.57	20.1	25.5	27.96	27.62	28.72	26.19(-21.94%)	UD	OpenLong	75	-0.3	41	240	4	150	20.77	76%	2.53	96.7	11.46%	-1.1	1	77	0.8
2	Jan_22_2021	12.26	19.29	25	27.22	27	29.24	33.55(15.17%)	UT	HoldLong	65	1	69	560	29	190	5.79	81%	4.16	95.6	11.03%	1.9	2.2	88	1.5
3	Jan_21_2021	11.77	18.17	23.41	25.56	25.1	26.52	29.13(11.69%)	UT	HoldLong	65	0.6	65	340	21	196	3.55	80%	3.61	98.9	10.94%	1.7	1.9	86	1.8
4	Jan_20_2021	11.36	17.16	22.17	24.19	24.24	24.75	26.08(4.95%)	UT	HoldLong	65	0.3	57	150	11	195	3.09	79%	3.27	98.4	10.99%	0	1.6	81	1.7
5	Jan_19_2021	11	16.26	21.06	23.62	23.57	23.69	24.85(10.49%)	UT	HoldLong	65	0.2	59	30	9	208	2.84	79%	3.29	105.6	10.99%	0	1.6	79	1.3

6	Jan_15_2021	10.65	15.39	19.88	22.68	23.11	23.72	22.49(-10.97%)	UD	OpenLong	75	-0	59	240	6	218	3.17	79%	2.9	103.3	10.97%	0	1.3	83	0.7
7	Jan_14_2021	10.35	14.66	18.83	22.36	22.22	23.44	25.26(13.43%)	UT	HoldLong	65	0.5	77	370	20	248	3.29	82%	4.02	108.3	10.91%	0	2	88	1.2
8	Jan_13_2021	9.95	13.78	17.45	20.91	21.26	22.5	22.27(-4.22%)	UD	OpenLong	75	0.3	72	460	20	229	3.51	81%	3.43	110.1	10.88%	0	1.7	74	1.4
9	Jan_12_2021	9.62	13	16.44	19.82	20.26	20.99	23.25(15.44%)	UT	HoldLong	65	0.7	78	320	26	234	4.14	81%	4.11	110.6	10.89%	0	2.2	80	1.1
10	Jan_11_2021	9.24	12.09	15.31	18.11	18.87	20.03	20.14(-3.5%)	UD	OpenLong	75	0.5	71	560	22	218	3.66	80%	3.47	106.4	11.12%	0	2	81	0.2

11	Jan_8_2021	8.93	11.34	14.26	16.64	17.33	19.53	20.87(15.88%)	UT	HoldLong	65	1.1	74	1010	34	192	6.51	80%	4.08	95.1	11.89%	0	2.4	83	1.6
12	Jan_7_2021	8.58	10.53	13.11	14.75	15.34	17.71	18.01(7.01%)	UT	HoldLong	65	1	62	1200	31	154	17.42	79%	3.5	84.1	11.98%	0	2.2	79	1.5
13	Jan_6_2021	8.29	9.91	12.46	13.49	13.47	15.12	16.83(14.33%)	UT	HoldLong	65	1.1	51	850	23	135	5.05	79%	3.24	72.3	12.52%	0	2.2	77	-0.4
14	Jan_5_2021	8.03	9.35	11.7	12.57	12.44	12.97	14.72(15.27%)	UT	HoldLong	65	0.8	40	270	12	124	5.17	78%	2.82	65	12.71%	0	1.9	78	-0.5
15	Jan_4_2021	7.81	8.89	11.04	12.12	11.87	11.83	12.77(11.72%)	UT	HoldLong	65	0.3	41	-90	9	135	3.56	77%	2.09	61	12.63%	0	1.5	80	-1.6

16	Dec_31_2020	7.65	8.55	10.54	11.51	11.67	11.91	11.43(-2.14%)	UD	OpenLong	75	-0	38	190	6	135	2.58	77%	1.73	56.7	12.62%	0	1.2	79	1.2
17	Dec_30_2020	7.52	8.28	10.21	11.16	11.27	11.92	11.68(-4.5%)	UD	OpenLong	75	0.2	39	430	2	148	9.34	77%	2.04	56.5	12.6%	0	1.4	81	1.3
18	Dec_29_2020	7.37	8.08	9.86	11.23	10.79	11.43	12.23(-2.16%)	UD	OpenLong	75	0.4	55	300	12	184	5.94	77%	2.5	69.3	12.58%	0	1.8	75	0.2
19	Dec_28_2020	7.19	7.84	9.34	10.68	10.62	10.62	12.5(28.87%)	UT	HoldLong	65	0.9	59	-20	17	185	9.41	77%	3.01	75.7	12.6%	0	2.3	76	1.2
20	Dec_24_2020	6.98	7.56	8.64	9.81	10.02	10.15	9.7(0%)	UD	OpenLong	65	-0.1	45	160	6	160	3.48	73%	1.6	79.1	12.09%	0	1.2	72	1.3

21	Dec_23_2020	6.87	7.35	8.23	9.41	9.52	10.62	9.7(-19.17%)	UD	OpenLong	75	0.2	44	840	10	147	7.81	73%	1.63	75.4	12.1%	0	1.4	69	0.5
22	Dec_22_2020	6.76	7.12	7.8	9.08	8.96	9.89	12(26.32%)	UT	HoldLong	65	1.8	53	690	24	140	5.98	81%	3.52	71.6	11.92%	0	2.9	78	-0.7
23	Dec_21_2020	6.53	6.76	7.17	8.31	8.25	8.41	9.5(16.71%)	UT	OpenLong	75	1	33	110	13	92	4.6	78%	2.19	76	11.76%	0	2.2	58	-1.6
24	Dec_18_2020	6.39	6.55	6.79	7.81	7.92	8.04	8.14(5.71%)	UT	OpenLong	75	0.3	24	150	13	55	7.81	75%	1.27	72.4	11.65%	0	1.4	52	1.2
25	Dec_17_2020	6.31	6.41	6.55	7.29	7.58	8.08	7.7(-4.35%)	UD	OpenLong	75	0.4	15	580	14	19	3.42	75%		67.2	11.98%	0	1.2	53	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.