Technical Analysis for RAYS - Global X Solar ETF

Grade Last Price % Change Price Change
F 9.68 2.98% 0.28
RAYS closed up 2.98 percent on Wednesday, July 3, 2024, on 47 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 2.98%
Narrow Range Bar Range Contraction 2.98%
New 52 Week Low Weakness 2.98%
Down 3 Days in a Row Weakness 2.98%
Gapped Down Weakness 2.98%
Oversold Stochastic Weakness 2.98%
New 52 Week Closing Low Bearish 1.15%

   Recent Intraday Alerts

Alert Time
Gap Up Partially Closed about 5 hours ago
Up 2% about 5 hours ago
Up 1 ATR about 5 hours ago
Gapped Up (Partial) about 9 hours ago
Rose Above Previous Day's High about 9 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The Global X Solar ETF seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.
Classification

Keywords: Renewable Energy Energy Conversion Solar Power Solar Energy Sustainable Energy Energy Systems Energy Source Development/Manufacturing Solar Thermal Energy

Top 10 Components

Symbol Grade Price % Change Allocation
FSLR C 6.63 11.09
ENPH F 3.55 7.96
RUN F 11.05 3.21
ARRY F 4.98 2.24
SEDG F 4.41 2.08
SHLS F 0.50 1.70
AY B 0.69 1.64
NOVA D 7.54 0.96
CSIQ F 8.12 0.89
AMPS F 5.85 0.50

Is RAYS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 18.8916
52 Week Low 9.4
Average Volume 7,645
200-Day Moving Average 11.70
50-Day Moving Average 11.01
20-Day Moving Average 10.64
10-Day Moving Average 9.97
Average True Range 0.25
RSI (14) 32.43
ADX 30.52
+DI 19.53
-DI 50.59
Chandelier Exit (Long, 3 ATRs) 11.12
Chandelier Exit (Short, 3 ATRs) 10.14
Upper Bollinger Bands 12.14
Lower Bollinger Band 9.14
Percent B (%b) 0.18
BandWidth 28.18
MACD Line -0.48
MACD Signal Line -0.34
MACD Histogram -0.1365
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.98
Resistance 3 (R3) 9.94 9.81 9.93
Resistance 2 (R2) 9.81 9.74 9.83 9.91
Resistance 1 (R1) 9.75 9.69 9.78 9.78 9.89
Pivot Point 9.61 9.61 9.63 9.63 9.61
Support 1 (S1) 9.55 9.54 9.58 9.58 9.47
Support 2 (S2) 9.42 9.49 9.43 9.45
Support 3 (S3) 9.35 9.42 9.43
Support 4 (S4) 9.38