Trading Signals: SOL Stock Price Prediction and Forecast

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

Tue. Mar. 16, 2021

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

(ReneSola Ltd)
SOL latest price $13.7700 (-9.94%) ($13.1600 - $15.4100) on Tue. Mar. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   11.77% (three month average)
RSI   47
Latest Price   $13.7700(-9.94%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOL advances 0.2% a day on average for past five trading days.
Weekly Trend   SOL advances 0.2% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SOL advance at 0% a week (0% probability)
TAN(77%)    ACES(75%)    ICLN(74%)    ARKK(59%)    ARKG(56%)
Factors Impacting SOL price   SOL will decline at least -5.885% in a week (0% probabilities).
VXX(-31%)    VIXM(-29%)    XLP(-14%)    UUP(-13%)    SPLV(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -5.885% (StdDev 11.77%)
Hourly BBV -1.9 ()
Intraday Trend -10.5%

Inflection Point   Yes
Resistance Level   $14.7
5 Day Moving Average   $15.07(-8.63%)
10 Day Moving Average   $13.58(1.4%)
20 Day Moving Average   $14.7(-6.33%)
To recent high   -59%
To recent low   78.8%
Market Cap   $822m

$. SOL price fluctuates within 16.8% (three month std-dev: 11.77%) daily (68% of days).

Sample size 1 Average positive next day return: 4.87%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 23.18%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 17.08%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210416

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	Mar_16_2021	15.15	14.7	13.58	15.07	15.3	15.16	13.77(-9.94%)	N/A	N/A	0	-0.5	-2	-20	-3	-0	3.19	73%	-0.13	-67	11.77%	-1.9	-0.4	47	1.9
2	Mar_15_2021	15.17	15.03	13.65	15.04	15.53	15.7	15.29(-4.74%)	UD	OpenLong	75	0.1	14	170	16	8	2.83	74%	0	-69.7	11.69%	-1.1	0.1	55	2.4
3	Mar_12_2021	15.17	15.39	13.67	13.98	14.73	15.43	16.05(-2.31%)	N/A	N/A	0	0.7	10	490	17	-12	3.32	76%	0.07	-65.4	12.11%	0.8	0.2	52	1.8
4	Mar_11_2021	15.16	15.72	13.52	12.94	13.39	15.37	16.43(19.14%)	N/A	N/A	0	1	6	1140	21	-38	4.71	76%	0.13	-63.6	12.19%	1.7	0.2	49	1.5
5	Mar_10_2021	15.14	16.07	13.35	12.01	12.25	14.03	13.79(1.17%)	DP	OpenShort	-65	0.4	-5	1080	14	-62	7.5	75%	-0.13	-62	12%	0.6	-0.6	46	1.2

6	Mar_9_2021	15.16	16.56	13.55	11.93	11.48	11.41	13.63(36.3%)	DP	OpenShort	-75	0.4	-19	-160	0	-75	7.23	72%	-0.13	-58.2	12.01%	1.5	-0.7	41	1.2
7	Mar_8_2021	15.18	17.01	13.61	12.12	11.82	10.46	10(-7.75%)	DT	HoldShort	-65	-0.5	-44	-880	-24	-104	2.98	69%	-0.46	-56.8	11.34%	-1.1	-1.6	23	0.4
8	Mar_5_2021	15.25	17.7	14.22	13.32	13.12	11.54	10.84(-7.98%)	DT	HoldShort	-65	-0.6	-41	-890	-21	-102	3.96	69%	-0.39	-51.1	11.18%	-0.8	-1.6	22	0.6
9	Mar_4_2021	15.31	18.35	14.93	14.14	14.38	13.18	11.78(-12.09%)	DT	HoldShort	-65	-0.6	-38	-530	-17	-100	2.81	69%	-0.33	-47.4	11.2%	-1.4	-1.6	23	-0.4
10	Mar_3_2021	15.36	19	15.42	14.83	15.02	14.7	13.4(-8.22%)	DT	OpenShort	-75	-0.4	-35	-110	-11	-105	1.64	72%	-0.19	-44.6	11.11%	-1.8	-1.4	25	0.3

11	Mar_2_2021	15.39	19.52	15.96	15.37	15.02	15.57	14.6(-8.64%)	DT	HoldShort	-50	-0.2	-25	80	2	-104	1.24	67%	-0.06	-47.5	11.03%	-1.1	-1.3	27	1
12	Mar_1_2021	15.4	19.96	16.57	15.32	15.43	15.35	15.98(6.96%)	DP	OpenShort	-65	0.2	-25	-10	2	-104	1.57	67%	0.06	-52.8	11.35%	0.8	-1.1	34	1
13	Feb_26_2021	15.39	20.22	17.24	15.3	14.94	15.29	14.94(-1.9%)	DT	OpenShort	-75	-0.1	-32	90	-8	-103	2.22	70%	-0.06	-67.8	11.84%	-1.1	-1.4	28	0.5
14	Feb_25_2021	15.4	20.56	18.08	15.88	15.45	15.5	15.23(-5.52%)	DT	OpenShort	-75	-0.2	-23	-60	0	-91	2.49	70%	0	-77.4	11.92%	0.1	-1.5	29	0.2
15	Feb_24_2021	15.4	20.98	18.97	16.11	15.96	14.59	16.12(12.41%)	DP	OpenShort	-75	0	-30	-630	-10	-91	3.21	70%	0.06	-84.1	11.93%	0.6	-1.5	29	1.4

16	Feb_23_2021	15.39	21.57	19.76	16.67	16.42	15.41	14.34(-9.64%)	DT	HoldShort	-65	-0.7	-40	-480	-24	-89	4.37	69%	-0.13	-75.5	11.89%	-1.1	-2.2	24	1.3
17	Feb_22_2021	15.41	22.18	20.65	18	17.81	17.32	15.87(-10.99%)	DT	OpenShort	-75	-0.7	-31	-220	-17	-72	2.26	69%	0.06	-70.5	11.8%	-1.7	-2.1	29	1.1
18	Feb_19_2021	15.4	23.05	21.47	19.49	19.04	17.43	17.83(8.72%)	DP	OpenShort	-75	-0.5	-26	-660	-17	-51	3.04	69%	0.26	-42.4	11.68%	-0.2	-1.5	46	1.5
19	Feb_18_2021	15.36	23.61	22.07	20.64	20.42	18.3	16.4(-13.27%)	DT	OpenShort	-75	-1.2	-30	-760	-27	-37	4.14	69%	0.13	-27	11.7%	-1.4	-2	39	1.3
20	Feb_17_2021	15.34	24.13	22.93	22.24	22.08	20.66	18.91(-9.87%)	DT	OpenShort	-75	-1.1	-17	-470	-19	-12	4.01	72%	0.39	-13.7	11.52%	-1.3	-1.7	38	1.4

21	Feb_16_2021	15.28	24.45	23.44	23.29	23.37	22.54	20.98(-10.07%)	DT	OpenShort	-75	-0.8	-7	-240	-8	-4	3.33	72%	0.59	2.1	11.42%	-1.7	-1.2	33	1.2
22	Feb_12_2021	15.19	24.56	23.7	23.67	23.77	23.5	23.33(-1.02%)	DT	OpenShort	-75	-0.1	-4	-70	-4	-3	1.72	74%	0.93	8.6	11.66%	-0.9	-0.4	44	1.5
23	Feb_11_2021	15.05	24.66	23.47	23.74	23.78	24.2	23.57(-3.4%)	DT	HoldShort	-50	-0.1	-5	130	1	-24	2.37	74%	1.01	21.4	11.68%	-1.2	-0.4	33	1.3
24	Feb_10_2021	14.9	24.61	23.24	23.75	23.63	24.04	24.4(1.04%)	DP	OpenShort	-65	0.2	-8	110	3	-39	4.21	74%	1.15	30.5	11.65%	0.8	-0.1	44	1
25	Feb_9_2021	14.73	24.57	23.13	23.77	23.57	23.36	24.15(5.55%)	DP	OpenShort	-65	0.1	-10	-90	1	-44	3.21	74%		45.4	11.68%	1.5	-0.1	50	1.1
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

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