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's RSI Oscillator is remaining in oversold zone for 9 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.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 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.
The Moving Average Convergence Divergence (MACD) for SUNE just turned positive on April 15, 2025. Looking at past instances where SUNE's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
Following a +8 3-day Advance, the price is estimated to grow further. Considering data from situations where SUNE advanced for three days, in of 201 cases, the price rose further within the following month. The odds of a continued upward trend are .
SUNE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SUNE as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 April 17, 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% | +2.04% | ||
| STI - SUNE | 26% Poorly correlated | +4.56% | ||
| KE - SUNE | 23% Poorly correlated | +0.61% | ||
| ASTI - SUNE | 21% Poorly correlated | +2.17% | ||
| XPON - SUNE | 10% Poorly correlated | -1.69% | ||
| TYGO - SUNE | 8% Poorly correlated | +6.09% | ||
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