Solaredge Technologies Stock Technical Analysis

SEDG Stock  USD 70.98  1.29  1.85%   
As of the 29th of March, SolarEdge Technologies has the Coefficient Of Variation of (1,192), variance of 18.87, and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SolarEdge Technologies, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down thirteen technical drivers for SolarEdge Technologies, which can be compared to its competition. Please validate SolarEdge Technologies information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if SolarEdge Technologies is priced more or less accurately, providing market reflects its prevalent price of 70.98 per share. Given that SolarEdge Technologies has information ratio of (0.11), we advise you to double-check SolarEdge Technologies's current market performance to make sure the company can sustain itself at a future point.

SolarEdge Technologies Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SolarEdge, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SolarEdge
  
SolarEdge Technologies' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

SolarEdge Technologies Analyst Consensus

Target PriceAdvice# of Analysts
178.37Buy35Odds
SolarEdge Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SolarEdge analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SolarEdge stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SolarEdge Technologies, talking to its executives and customers, or listening to SolarEdge conference calls.
SolarEdge Analyst Advice Details
SolarEdge Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of SolarEdge Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SolarEdge Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

SolarEdge Technologies Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SolarEdge Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SolarEdge Technologies Trend Analysis

Use this graph to draw trend lines for SolarEdge Technologies. You can use it to identify possible trend reversals for SolarEdge Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SolarEdge Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SolarEdge Technologies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SolarEdge Technologies applied against its price change over selected period. The best fit line has a slop of   0.2  , which may suggest that SolarEdge Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1577.96, which is the sum of squared deviations for the predicted SolarEdge Technologies price change compared to its average price change.

About SolarEdge Technologies Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SolarEdge Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SolarEdge Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SolarEdge Technologies price pattern first instead of the macroeconomic environment surrounding SolarEdge Technologies. By analyzing SolarEdge Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SolarEdge Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SolarEdge Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Cash Conversion Cycle133.05166.94266.42279.75
Cash Ratio1.010.880.380.69

SolarEdge Technologies March 29, 2024 Technical Indicators

Most technical analysis of SolarEdge help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SolarEdge from various momentum indicators to cycle indicators. When you analyze SolarEdge charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

SolarEdge Technologies March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SolarEdge stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether SolarEdge Technologies is a strong investment it is important to analyze SolarEdge Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SolarEdge Technologies' future performance. For an informed investment choice regarding SolarEdge Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.
Note that the SolarEdge Technologies information on this page should be used as a complementary analysis to other SolarEdge Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for SolarEdge Stock analysis

When running SolarEdge Technologies' price analysis, check to measure SolarEdge Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SolarEdge Technologies is operating at the current time. Most of SolarEdge Technologies' value examination focuses on studying past and present price action to predict the probability of SolarEdge Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SolarEdge Technologies' price. Additionally, you may evaluate how the addition of SolarEdge Technologies to your portfolios can decrease your overall portfolio volatility.
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Is SolarEdge Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SolarEdge Technologies. If investors know SolarEdge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SolarEdge Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.598
Earnings Share
0.6
Revenue Per Share
52.629
Quarterly Revenue Growth
(0.65)
Return On Assets
0.0186
The market value of SolarEdge Technologies is measured differently than its book value, which is the value of SolarEdge that is recorded on the company's balance sheet. Investors also form their own opinion of SolarEdge Technologies' value that differs from its market value or its book value, called intrinsic value, which is SolarEdge Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SolarEdge Technologies' market value can be influenced by many factors that don't directly affect SolarEdge Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SolarEdge Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarEdge Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarEdge Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.