SUNE SUNation Energy Inc Forecast, Technical & Fundamental Analysis
SUNation Energy Inc formerly Pineapple Energy Inc provides households with sustainable solar energy, back-up power and security, control and predictability, and cost savings... Show more
SUNE in upward trend: price expected to rise as it breaks its lower Bollinger Band on February 27, 2025
SUNE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 40 cases where SUNE's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 13 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where SUNE advanced for three days, in of 202 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for SUNE turned negative on February 27, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 50-day moving average for SUNE moved below the 200-day moving average on March 10, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SUNE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SUNE entered a downward trend on March 10, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
SUNE and Stocks
Correlation & Price change
A.I.dvisor tells us that SUNE and STI have been poorly correlated (+26% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that SUNE and STI's prices will move in lockstep.
| Ticker / NAME | Correlation To SUNE | 1D Price Change % | ||
|---|---|---|---|---|
| SUNE | 100% | -28.73% | ||
| STI - SUNE | 26% Poorly correlated | -6.08% | ||
| KE - SUNE | 23% Poorly correlated | -0.48% | ||
| ASTI - SUNE | 21% Poorly correlated | -7.87% | ||
| XPON - SUNE | 10% Poorly correlated | -3.16% | ||
| TYGO - SUNE | 8% Poorly correlated | -5.23% | ||
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Groups containing SUNE
Correlation & Price change
| Ticker / NAME | Correlation To SUNE | 1D Price Change % |
|---|---|---|
| SUNE | 100% | -28.73% |
| Utilities category (363 stocks) | 1% Poorly correlated | -0.11% |
| Electrical Products category (95 stocks) | 1% Poorly correlated | -0.55% |