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Solar Alliance Energy Inc
Buy, Hold or Sell?

Let's analyse Solar Alliance Energy Inc together

PenkeI guess you are interested in Solar Alliance Energy Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Solar Alliance Energy Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Solar Alliance Energy Inc (30 sec.)










What can you expect buying and holding a share of Solar Alliance Energy Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$0.00
Expected worth in 1 year
$-0.01
How sure are you?
25.0%

+ What do you gain per year?

Total Gains per Share
$0.00
Return On Investment
-6.6%

For what price can you sell your share?

Current Price per Share
$0.04
Expected price per share
$0.02 - $0.05
How sure are you?
50%

1. Valuation of Solar Alliance Energy Inc (5 min.)




Live pricePrice per Share (EOD)

$0.04

Intrinsic Value Per Share

$-0.02 - $-0.02

Total Value Per Share

$-0.02 - $-0.03

2. Growth of Solar Alliance Energy Inc (5 min.)




Is Solar Alliance Energy Inc growing?

Current yearPrevious yearGrowGrow %
How rich?-$999.5k$141.8k-$1.4m-110.8%

How much money is Solar Alliance Energy Inc making?

Current yearPrevious yearGrowGrow %
Making money-$374.4k-$54.7k-$319.6k-85.4%
Net Profit Margin-106.3%-24.5%--

How much money comes from the company's main activities?

3. Financial Health of Solar Alliance Energy Inc (5 min.)




4. Comparing to competitors in the Solar industry (5 min.)




  Industry Rankings (Solar)  


Richest
#78 / 84

Most Revenue
#76 / 84

Most Profit
#47 / 84

What can you expect buying and holding a share of Solar Alliance Energy Inc? (5 min.)

Welcome investor! Solar Alliance Energy Inc's management wants to use your money to grow the business. In return you get a share of Solar Alliance Energy Inc.

What can you expect buying and holding a share of Solar Alliance Energy Inc?

First you should know what it really means to hold a share of Solar Alliance Energy Inc. And how you can make/lose money.

Speculation

The Price per Share of Solar Alliance Energy Inc is $0.038. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Solar Alliance Energy Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Solar Alliance Energy Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.00. Based on the TTM, the Book Value Change Per Share is $0.00 per quarter. Based on the YOY, the Book Value Change Per Share is $0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Solar Alliance Energy Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.006.9%0.000.4%0.00-4.2%0.00-2.9%0.000.7%
Usd Book Value Change Per Share0.004.9%0.00-1.6%0.00-0.1%0.001.9%0.002.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.004.9%0.00-1.6%0.00-0.1%0.001.9%0.002.1%
Usd Price Per Share0.04-0.05-0.08-0.07-0.07-
Price to Earnings Ratio4.09--14.04--17.01--14.36--7.80-
Price-to-Total Gains Ratio22.76-17.18--36.79--60.70--44.42-
Price to Book Ratio-11.75--10.67--70.54-0.26-4.43-
Price-to-Total Gains Ratio22.76-17.18--36.79--60.70--44.42-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.038
Number of shares26315
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (26315 shares)-16.4519.33
Gains per Year (26315 shares)-65.7877.33
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-66-7607767
20-132-1420155144
30-197-2080232221
40-263-2740309298
50-329-3400387375
60-395-4060464452
70-460-4720541529
80-526-5380619606
90-592-6040696683
100-658-6700773760

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%1.011.00.08.3%2.018.00.010.0%5.026.09.012.5%8.026.034.011.8%
Book Value Change Per Share2.02.00.050.0%4.08.00.033.3%5.014.01.025.0%10.029.01.025.0%18.049.01.026.5%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.068.00.0%
Total Gains per Share2.02.00.050.0%4.08.00.033.3%5.014.01.025.0%10.029.01.025.0%18.049.01.026.5%

Fundamentals of Solar Alliance Energy Inc

About Solar Alliance Energy Inc

Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. The company primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations in Tennessee, Kentucky, Illinois, and North/South Carolina. It also offers backup generator, home inspection, commercial generator, renewable radar, utility scale power, commercial electric vehicle charging, and data centers solutions, as well as electric vehicle charger installation services. The company was formerly known as Finavera Solar Energy, Inc. and changed its name to Solar Alliance Energy Inc. in January 2016. Solar Alliance Energy Inc. was founded in 2003 and is based in Toronto, Canada.

Fundamental data was last updated by Penke on 2024-03-26 05:21:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is unable to pay all its debts by selling its assets.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Solar Alliance Energy Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Solar Alliance Energy Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Solar Alliance Energy Inc to the Solar industry mean.
  • A Net Profit Margin of 40.5% means that $0.40 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Solar Alliance Energy Inc:

  • The MRQ is 40.5%. The company is making a huge profit. +2
  • The TTM is -106.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ40.5%TTM-106.3%+146.8%
TTM-106.3%YOY-24.5%-81.8%
TTM-106.3%5Y-236.9%+130.6%
5Y-236.9%10Y-145.1%-91.8%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ40.5%0.1%+40.4%
TTM-106.3%-4.3%-102.0%
YOY-24.5%-0.3%-24.2%
5Y-236.9%-8.1%-228.8%
10Y-145.1%-8.3%-136.8%
1.1.2. Return on Assets

Shows how efficient Solar Alliance Energy Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Solar Alliance Energy Inc to the Solar industry mean.
  • 28.9% Return on Assets means that Solar Alliance Energy Inc generated $0.29 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Solar Alliance Energy Inc:

  • The MRQ is 28.9%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is -13.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ28.9%TTM-13.8%+42.7%
TTM-13.8%YOY-2.4%-11.4%
TTM-13.8%5Y-28.8%+15.0%
5Y-28.8%10Y24.6%-53.4%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ28.9%-0.2%+29.1%
TTM-13.8%-0.2%-13.6%
YOY-2.4%-0.2%-2.2%
5Y-28.8%-0.6%-28.2%
10Y24.6%-0.6%+25.2%
1.1.3. Return on Equity

Shows how efficient Solar Alliance Energy Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Solar Alliance Energy Inc to the Solar industry mean.
  • 0.0% Return on Equity means Solar Alliance Energy Inc generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Solar Alliance Energy Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-41.6%+41.6%
TTM-5Y-59.6%+59.6%
5Y-59.6%10Y578.3%-637.9%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.1%-0.1%
TTM-0.4%-0.4%
YOY-41.6%0.5%-42.1%
5Y-59.6%-0.5%-59.1%
10Y578.3%-0.6%+578.9%

1.2. Operating Efficiency of Solar Alliance Energy Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Solar Alliance Energy Inc is operating .

  • Measures how much profit Solar Alliance Energy Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Solar Alliance Energy Inc to the Solar industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Solar Alliance Energy Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-4.3%+4.3%
TTM-4.3%YOY-53.6%+49.3%
TTM-4.3%5Y-497.0%+492.7%
5Y-497.0%10Y-277.5%-219.5%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ--6.4%+6.4%
TTM-4.3%-0.7%-3.6%
YOY-53.6%0.2%-53.8%
5Y-497.0%0.1%-497.1%
10Y-277.5%-1.4%-276.1%
1.2.2. Operating Ratio

Measures how efficient Solar Alliance Energy Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Solar industry mean).
  • An Operation Ratio of 1.02 means that the operating costs are $1.02 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Solar Alliance Energy Inc:

  • The MRQ is 1.015. The company is inefficient in keeping operating costs low. -1
  • The TTM is 3.179. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.015TTM3.179-2.164
TTM3.179YOY2.492+0.686
TTM3.1795Y8.289-5.110
5Y8.28910Y4.918+3.371
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0151.629-0.614
TTM3.1791.630+1.549
YOY2.4921.680+0.812
5Y8.2891.625+6.664
10Y4.9181.423+3.495

1.3. Liquidity of Solar Alliance Energy Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Solar Alliance Energy Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Solar industry mean).
  • A Current Ratio of 0.59 means the company has $0.59 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Solar Alliance Energy Inc:

  • The MRQ is 0.592. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.411. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.592TTM0.411+0.182
TTM0.411YOY1.004-0.593
TTM0.4115Y0.508-0.097
5Y0.50810Y0.289+0.219
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5921.265-0.673
TTM0.4111.421-1.010
YOY1.0041.437-0.433
5Y0.5081.536-1.028
10Y0.2891.355-1.066
1.3.2. Quick Ratio

Measures if Solar Alliance Energy Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Solar Alliance Energy Inc to the Solar industry mean.
  • A Quick Ratio of 0.28 means the company can pay off $0.28 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Solar Alliance Energy Inc:

  • The MRQ is 0.282. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.192. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.282TTM0.192+0.090
TTM0.192YOY0.214-0.022
TTM0.1925Y0.132+0.060
5Y0.13210Y0.088+0.044
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2820.517-0.235
TTM0.1920.575-0.383
YOY0.2140.648-0.434
5Y0.1320.651-0.519
10Y0.0880.728-0.640

1.4. Solvency of Solar Alliance Energy Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Solar Alliance Energy Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Solar Alliance Energy Inc to Solar industry mean.
  • A Debt to Asset Ratio of 1.40 means that Solar Alliance Energy Inc assets are financed with 140.2% credit (debt) and the remaining percentage (100% - 140.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Solar Alliance Energy Inc:

  • The MRQ is 1.402. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 1.576. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ1.402TTM1.576-0.173
TTM1.576YOY0.933+0.642
TTM1.5765Y3.742-2.167
5Y3.74210Y4.795-1.053
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4020.588+0.814
TTM1.5760.587+0.989
YOY0.9330.611+0.322
5Y3.7420.617+3.125
10Y4.7950.614+4.181
1.4.2. Debt to Equity Ratio

Measures if Solar Alliance Energy Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Solar Alliance Energy Inc to the Solar industry mean.
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Solar Alliance Energy Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY2.637-2.637
TTM-5Y5.132-5.132
5Y5.13210Y41.075-35.942
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.389-1.389
TTM-1.389-1.389
YOY2.6371.657+0.980
5Y5.1321.730+3.402
10Y41.0751.617+39.458

2. Market Valuation of Solar Alliance Energy Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Solar Alliance Energy Inc generates.

  • Above 15 is considered overpriced but always compare Solar Alliance Energy Inc to the Solar industry mean.
  • A PE ratio of 4.09 means the investor is paying $4.09 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Solar Alliance Energy Inc:

  • The EOD is 3.636. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.086. Based on the earnings, the company is cheap. +2
  • The TTM is -14.040. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD3.636MRQ4.086-0.450
MRQ4.086TTM-14.040+18.126
TTM-14.040YOY-17.015+2.975
TTM-14.0405Y-14.361+0.320
5Y-14.36110Y-7.796-6.565
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD3.636-0.150+3.786
MRQ4.086-0.110+4.196
TTM-14.040-0.031-14.009
YOY-17.015-1.055-15.960
5Y-14.361-2.382-11.979
10Y-7.7961.668-9.464
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Solar Alliance Energy Inc:

  • The EOD is 30.804. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 34.614. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is -71.902. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD30.804MRQ34.614-3.810
MRQ34.614TTM-71.902+106.516
TTM-71.902YOY-2.095-69.807
TTM-71.9025Y-1.644-70.258
5Y-1.64410Y-0.822-0.822
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD30.804-1.474+32.278
MRQ34.614-3.077+37.691
TTM-71.902-3.976-67.926
YOY-2.095-4.644+2.549
5Y-1.644-5.747+4.103
10Y-0.822-6.253+5.431
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Solar Alliance Energy Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Solar industry mean).
  • A PB ratio of -11.75 means the investor is paying $-11.75 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Solar Alliance Energy Inc:

  • The EOD is -10.455. Based on the equity, the company is expensive. -2
  • The MRQ is -11.748. Based on the equity, the company is expensive. -2
  • The TTM is -10.671. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-10.455MRQ-11.748+1.293
MRQ-11.748TTM-10.671-1.077
TTM-10.671YOY-70.538+59.867
TTM-10.6715Y0.262-10.933
5Y0.26210Y4.432-4.169
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-10.4551.291-11.746
MRQ-11.7481.570-13.318
TTM-10.6711.728-12.399
YOY-70.5382.216-72.754
5Y0.2621.949-1.687
10Y4.4322.346+2.086
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Solar Alliance Energy Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.002-0.001+133%0.000+103%0.001+155%0.001+137%
Book Value Per Share---0.004-0.005+31%0.001-805%-0.007+98%-0.011+216%
Current Ratio--0.5920.411+44%1.004-41%0.508+17%0.289+105%
Debt To Asset Ratio--1.4021.576-11%0.933+50%3.742-63%4.795-71%
Debt To Equity Ratio----0%2.637-100%5.132-100%41.075-100%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0030.000+1436%-0.002+161%-0.001+142%0.000+888%
Free Cash Flow Per Share--0.0000.000+250%-0.002+679%-0.001+468%-0.001+468%
Free Cash Flow To Equity Per Share--0.000-0.001+307%-0.001+564%0.000+6034%0.000+6034%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.775+29%
Intrinsic Value_10Y_max---0.023--------
Intrinsic Value_10Y_min---0.021--------
Intrinsic Value_1Y_max---0.005--------
Intrinsic Value_1Y_min---0.005--------
Intrinsic Value_3Y_max---0.013--------
Intrinsic Value_3Y_min---0.013--------
Intrinsic Value_5Y_max---0.019--------
Intrinsic Value_5Y_min---0.018--------
Market Cap10449429.696-12%11741859.15813604882.479-14%21311336.880-45%20361263.733-42%19312883.451-39%
Net Profit Margin--0.405-1.063+363%-0.245+160%-2.369+685%-1.451+458%
Operating Margin----0.0430%-0.5360%-4.9700%-2.7750%
Operating Ratio--1.0153.179-68%2.492-59%8.289-88%4.918-79%
Pb Ratio-10.455+11%-11.748-10.671-9%-70.538+500%0.262-4580%4.432-365%
Pe Ratio3.636-12%4.086-14.040+444%-17.015+516%-14.361+451%-7.796+291%
Price Per Share0.038-12%0.0430.049-14%0.078-45%0.074-42%0.070-39%
Price To Free Cash Flow Ratio30.804-12%34.614-71.902+308%-2.095+106%-1.644+105%-0.822+102%
Price To Total Gains Ratio20.256-12%22.76117.177+33%-36.794+262%-60.703+367%-44.423+295%
Quick Ratio--0.2820.192+47%0.214+31%0.132+113%0.088+219%
Return On Assets--0.289-0.138+148%-0.024+108%-0.288+200%0.246+18%
Return On Equity----0%-0.4160%-0.5960%5.783-100%
Total Gains Per Share--0.002-0.001+133%0.000+103%0.001+155%0.001+137%
Usd Book Value---999508.843-1313885.565+31%141810.460-805%-1974586.883+98%-3155168.999+216%
Usd Book Value Change Per Share--0.002-0.001+133%0.000+103%0.001+155%0.001+137%
Usd Book Value Per Share---0.004-0.005+31%0.001-805%-0.007+98%-0.011+216%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0030.000+1436%-0.002+161%-0.001+142%0.000+888%
Usd Free Cash Flow--84805.561-126807.979+250%-490779.845+679%-233783.349+376%-116891.675+238%
Usd Free Cash Flow Per Share--0.0000.000+250%-0.002+679%-0.001+468%-0.001+468%
Usd Free Cash Flow To Equity Per Share--0.000-0.001+307%-0.001+564%0.000+6034%0.000+6034%
Usd Market Cap10449429.696-12%11741859.15813604882.479-14%21311336.880-45%20361263.733-42%19312883.451-39%
Usd Price Per Share0.038-12%0.0430.049-14%0.078-45%0.074-42%0.070-39%
Usd Profit--718416.746-374430.271+152%-54765.442+108%-313180.051+144%68707.754+946%
Usd Revenue--1775016.818972662.240+82%1066230.140+66%667454.441+166%548910.218+223%
Usd Total Gains Per Share--0.002-0.001+133%0.000+103%0.001+155%0.001+137%
 EOD+3 -5MRQTTM+25 -5YOY+20 -115Y+26 -510Y+27 -6

3.2. Fundamental Score

Let's check the fundamental score of Solar Alliance Energy Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.636
Price to Book Ratio (EOD)Between0-1-10.455
Net Profit Margin (MRQ)Greater than00.405
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.282
Current Ratio (MRQ)Greater than10.592
Debt to Asset Ratio (MRQ)Less than11.402
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.289
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Solar Alliance Energy Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.816
Ma 20Greater thanMa 500.044
Ma 50Greater thanMa 1000.045
Ma 100Greater thanMa 2000.041
OpenGreater thanClose0.039
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Income before Tax  -162-830-992-54-1,047869-177896718
Net Income  -162-830-992-54-1,047869-177896718
Operating Income  -495-719-1,214371-843657-186838653
Net Income from Continuing Operations  -162-830-992-54-1,047869-177896718



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets3,376
Total Liabilities4,734
Total Stockholder Equity-1,357
 As reported
Total Liabilities 4,734
Total Stockholder Equity+ -1,357
Total Assets = 3,376

Assets

Total Assets3,376
Total Current Assets2,630
Long-term Assets747
Total Current Assets
Cash And Cash Equivalents 401
Net Receivables 1,251
Inventory 84
Total Current Assets  (as reported)2,630
Total Current Assets  (calculated)1,736
+/- 894
Long-term Assets
Property Plant Equipment 675
Long-term Assets  (as reported)747
Long-term Assets  (calculated)675
+/- 72

Liabilities & Shareholders' Equity

Total Current Liabilities4,440
Long-term Liabilities294
Total Stockholder Equity-1,357
Total Current Liabilities
Short Long Term Debt 100
Accounts payable 4,164
Other Current Liabilities 89
Total Current Liabilities  (as reported)4,440
Total Current Liabilities  (calculated)4,353
+/- 87
Long-term Liabilities
Long-term Liabilities  (as reported)294
Long-term Liabilities  (calculated)0
+/- 294
Total Stockholder Equity
Total Stockholder Equity (as reported)-1,357
Total Stockholder Equity (calculated)0
+/- 1,357
Other
Capital Stock48,581
Common Stock Shares Outstanding 274,985
Net Invested Capital -1,257
Net Working Capital -1,810
Property Plant and Equipment Gross 830



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-31
> Total Assets 
8,387
14,519
13,918
5,945
5,519
4,883
4,952
2,827
1,571
814
648
811
510
2,680
3,756
6,337
8,435
14,039
14,421
12,615
14,514
15,891
16,343
17,982
12,703
12,213
12,985
13,397
10,831
10,314
711
824
429
291
6,076
4,872
7,378
5,104
5,068
4,996
2,643
3,041
3,340
3,807
2,296
1,442
1,064
689
928
1,088
1,211
1,287
0
896
814
756
581
5,390
4,488
3,774
3,056
3,086
2,578
3,550
3,698
3,848
2,243
3,376
3,3762,2433,8483,6983,5502,5783,0863,0563,7744,4885,39058175681489601,2871,2111,0889286891,0641,4422,2963,8073,3403,0412,6434,9965,0685,1047,3784,8726,07629142982471110,31410,83113,39712,98512,21312,70317,98216,34315,89114,51412,61514,42114,0398,4356,3373,7562,6805108116488141,5712,8274,9524,8835,5195,94513,91814,5198,387
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
498
884
1,103
597
2,203
1,357
961
597
843
1,013
1,147
1,232
1,258
816
749
704
542
5,358
4,421
3,652
2,833
2,860
2,110
2,404
1,685
1,871
1,501
2,630
2,6301,5011,8711,6852,4042,1102,8602,8333,6524,4215,3585427047498161,2581,2321,1471,0138435979611,3572,2035971,1038844980000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
1,645
1,058
301
555
166
99
502
870
245
197
312
7
2,113
280
836
173
5,552
2,825
135
179
41
71
104
823
24
350
16
33
13
6
721
134
38
811
70
2,364
290
135
129
97
51
-10
14
1,179
655
42
101
78
403
41
38
0
47
61
38
2
4,697
3,623
3,166
2,169
1,204
321
1,051
650
394
286
401
4012863946501,0513211,2042,1693,1663,6234,69723861470384140378101426551,17914-1051971291352902,364708113813472161333163502482310471411791352,8255,5521738362802,1137312197245870502991665553011,0581,6450
       Short-term Investments 
0
3,718
2,904
909
317
276
302
63
55
54
58
64
65
24
23
23
54
31
44
40
41
12
12
12
1,272
1,241
1,202
1,224
1,659
1,595
11
11
10
9
10
9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000091091011111,5951,6591,2241,2021,2411,27212121241404431542323246564585455633022763179092,9043,7180
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
225
810
902
247
589
391
549
397
396
437
505
517
782
561
540
541
383
477
535
129
596
558
674
262
336
804
1,106
1,251
1,2511,1068043362626745585961295354773835415405617825175054373963975493915892479028102250000000000000000000000000000000000000000
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
127
33
72
58
106
123
151
7
8
0
229
241
357
96
356
167
599
675
427
200
128
124
152
176
260
318
58
638
664
646
170
173
81
84
848117317064666463858318260176152124128200427675599167356963572412290871511231065872331270000000000000000000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
80
65
52
39
31
66
122
223
226
468
1,146
2,013
1,977
742
747
7477421,9772,0131,14646822622312266313952658000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
62
71
144
275
470
450
485
387
191
174
175
177
168
160
139
130
99
882
619
904
794
736
646
595
543
482
420
380
25
23
22
20
18
16
310
288
29
28
26
23
23
16
15
6
63
55
79
66
60
49
39
30
66
54
40
27
14
7
32
98
0
87
435
1,104
1,953
1,917
682
675
6756821,9171,9531,1044358709832714274054663039496066795563615162323262829288310161820222325380420482543595646736794904619882991301391601681771751741913874854504702751447162
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,493
4,216
4,360
4,348
4,388
4,355
2,085
2,105
2,161
2,240
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000002,2402,1612,1052,0854,3554,3884,3484,3604,2164,4930000000000000000000000000000000000
       Intangible Assets 
5,570
5,302
5,517
1,788
1,680
1,535
1,446
1,295
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,493
4,216
4,360
4,348
4,388
4,355
2,085
2,105
2,161
3,140
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74
106
0
0
0
0
0
0
0000001067400000000000000003,1402,1612,1052,0854,3554,3884,3484,3604,2164,493000000000000000000000000001,2951,4461,5351,6801,7885,5175,3025,570
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
1,829
1,557
2,783
5,350
5,560
4,412
6,527
5,760
5,266
4,985
4,832
4,895
5,771
6,610
4,402
6,294
8,924
11,566
12,080
11,816
13,999
15,796
16,499
18,642
22,716
23,245
24,618
26,588
29,270
29,890
22,780
5,409
5,667
5,646
11,628
11,753
7,286
5,553
4,977
5,443
4,322
4,894
4,828
4,765
7,055
6,859
7,428
7,534
8,285
5,295
5,759
6,072
0
6,115
6,213
6,456
6,331
4,809
4,234
4,124
2,151
2,749
2,625
3,974
5,137
6,131
4,301
4,734
4,7344,3016,1315,1373,9742,6252,7492,1514,1244,2344,8096,3316,4566,2136,11506,0725,7595,2958,2857,5347,4286,8597,0554,7654,8284,8944,3225,4434,9775,5537,28611,75311,6285,6465,6675,40922,78029,89029,27026,58824,61823,24522,71618,64216,49915,79613,99911,81612,08011,5668,9246,2944,4026,6105,7714,8954,8324,9855,2665,7606,5274,4125,5605,3502,7831,5571,829
   > Total Current Liabilities 
1,829
1,557
2,783
4,833
5,560
4,412
4,615
5,760
4,944
4,903
4,832
4,895
5,771
6,610
4,402
6,294
5,423
9,281
9,527
9,348
13,035
14,783
15,489
17,575
22,443
22,975
24,356
26,326
23,685
23,560
22,680
5,314
5,579
5,565
9,875
9,992
6,482
5,474
4,898
5,365
4,246
4,819
4,749
4,684
6,953
6,758
7,326
7,432
8,183
5,193
5,657
5,971
6,523
6,014
6,112
6,354
5,999
4,668
4,093
3,982
1,990
2,588
2,463
3,812
4,789
5,801
3,988
4,440
4,4403,9885,8014,7893,8122,4632,5881,9903,9824,0934,6685,9996,3546,1126,0146,5235,9715,6575,1938,1837,4327,3266,7586,9534,6844,7494,8194,2465,3654,8985,4746,4829,9929,8755,5655,5795,31422,68023,56023,68526,32624,35622,97522,44317,57515,48914,78313,0359,3489,5279,2815,4236,2944,4026,6105,7714,8954,8324,9034,9445,7604,6154,4125,5604,8332,7831,5571,829
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
642
653
691
792
2,121
3,801
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000003,8012,1217926916536420000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
642
653
691
792
2,121
3,801
31,067
0
0
0
0
0
0
804
811
877
902
208
20
19
0
0
90
350
1,557
1,433
100
100
1001001,4331,5573509000192020890287781180400000031,0673,8012,1217926916536420000000000000000000000000000000000000000
       Accounts payable 
1,622
1,523
2,783
4,833
5,560
4,412
4,321
3,922
4,015
3,963
3,932
3,919
4,417
4,317
1,805
1,788
3,170
2,790
3,097
3,178
4,104
4,850
4,685
4,993
4,664
4,075
3,861
3,783
3,250
2,551
4,234
2,411
2,693
2,751
3,588
3,754
4,209
2,779
2,036
2,393
3,402
3,804
3,550
3,785
2,745
2,745
3,039
3,105
3,399
2,964
3,457
3,435
4,427
3,859
3,922
3,999
3,478
3,089
1,955
1,787
1,914
2,366
2,019
3,150
2,675
4,061
3,704
4,164
4,1643,7044,0612,6753,1502,0192,3661,9141,7871,9553,0893,4783,9993,9223,8594,4273,4353,4572,9643,3993,1053,0392,7452,7453,7853,5503,8043,4022,3932,0362,7794,2093,7543,5882,7512,6932,4114,2342,5513,2503,7833,8614,0754,6644,9934,6854,8504,1043,1783,0972,7903,1701,7881,8054,3174,4173,9193,9323,9634,0153,9224,3214,4125,5604,8332,7831,5231,622
       Other Current Liabilities 
0
0
0
0
0
0
0
0
125
87
73
82
53
15
258
206
0
496
546
504
191
145
109
66
1,888
2,044
1,980
2,478
2,573
1,097
1,138
682
659
605
1,207
1,022
1,394
2,107
2,243
2,280
202
362
507
107
1,472
1,321
911
981
937
1,199
1,144
1,432
1,298
850
867
902
941
907
2,118
2,177
29
221
354
312
89
89
89
89
89898989312354221292,1772,1189079419028678501,2981,4321,1441,1999379819111,3211,4721075073622022,2802,2432,1071,3941,0221,2076056596821,1381,0972,5732,4781,9802,0441,888661091451915045464960206258155382738712500000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
102
102
102
332
142
142
142
162
162
162
162
348
330
313
294
29431333034816216216216214214214233210210210200000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
254
254
247
250
244
234
96
91
88
80
1,633
1,640
803
78
79
78
76
76
79
81
102
102
102
102
102
102
102
102
102
102
102
102
332
142
142
142
0
162
162
162
0
0
313
0
0313001621621620142142142332102102102102102102102102102102102102817976767879788031,6401,63380889196234244250247254254000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
106
0
0
0
0
0
0
0000001060000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
6,557
12,962
11,135
594
0
471
0
0
0
0
0
0
0
0
0
43
0
2,474
2,341
799
515
95
0
0
0
0
0
0
0
0
0
0
0
0
0
0
92
0
91
0
-1,680
-1,853
-1,488
-958
-4,759
-5,417
-6,364
-6,845
-7,357
-4,208
-4,548
-4,785
0
-5,219
-5,400
-5,699
-5,750
580
253
-350
904
337
-47
-424
-1,439
-2,283
-2,058
-1,357
-1,357-2,058-2,283-1,439-424-47337904-350253580-5,750-5,699-5,400-5,2190-4,785-4,548-4,208-7,357-6,845-6,364-5,417-4,759-958-1,488-1,853-1,68009109200000000000000955157992,3412,474043000000000471059411,13512,9626,557
   Common Stock
11,257
15,535
18,044
18,833
22,254
23,152
23,265
22,532
20,269
19,956
22,703
24,531
24,813
27,419
27,707
28,728
29,653
34,396
34,958
32,090
33,441
34,417
33,890
35,084
35,191
34,340
33,328
33,932
32,932
31,660
32,784
31,239
30,104
27,573
28,814
27,061
26,033
27,704
28,134
27,793
27,276
27,533
29,500
31,106
39,482
39,482
39,482
39,482
39,482
42,770
42,982
43,230
43,230
43,342
43,420
43,420
43,759
48,860
48,896
48,896
0
48,581
48,581
48,581
0
0
48,581
0
048,5810048,58148,58148,581048,89648,89648,86043,75943,42043,42043,34243,23043,23042,98242,77039,48239,48239,48239,48239,48231,10629,50027,53327,27627,79328,13427,70426,03327,06128,81427,57330,10431,23932,78431,66032,93233,93233,32834,34035,19135,08433,89034,41733,44132,09034,95834,39629,65328,72827,70727,41924,81324,53122,70319,95620,26922,53223,26523,15222,25418,83318,04415,53511,257
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-318
-268
1,417
1,572
12,739
12,683
12,607
12,708
12,755
13,020
13,652
13,712
13,842
13,436
12,747
12,625
14,354
16,052
16,141
16,167
0
17,038
16,863
16,706
0
0
18,151
0
018,1510016,70616,86317,038016,16716,14116,05214,35412,62512,74713,43613,84213,71213,65213,02012,75512,70812,60712,68312,7391,5721,417-268-3180000000000000000000000000000000000000000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue5,284
Cost of Revenue-3,877
Gross Profit1,4071,407
 
Operating Income (+$)
Gross Profit1,407
Operating Expense-7,513
Operating Income-2,229-6,105
 
Operating Expense (+$)
Research Development-
Selling General Administrative3,504
Selling And Marketing Expenses-
Operating Expense7,5133,504
 
Net Interest Income (+$)
Interest Income-
Interest Expense-44
Other Finance Cost-10
Net Interest Income-34
 
Pretax Income (+$)
Operating Income-2,229
Net Interest Income-34
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-2,103-2,388
EBIT - interestExpense = -44
-2,103
-2,059
Interest Expense44
Earnings Before Interest and Taxes (EBIT)--2,059
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-2,103
Tax Provision--
Net Income From Continuing Ops-2,103-2,103
Net Income-2,103
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net15934
 

Technical Analysis of Solar Alliance Energy Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Solar Alliance Energy Inc. The general trend of Solar Alliance Energy Inc is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Solar Alliance Energy Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Solar Alliance Energy Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.039 < 0.0468 < 0.05.

The bearish price targets are: 0.033 > 0.024 > 0.02.

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Solar Alliance Energy Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Solar Alliance Energy Inc. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Solar Alliance Energy Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Solar Alliance Energy Inc. The current macd is -0.00092281.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Solar Alliance Energy Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Solar Alliance Energy Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Solar Alliance Energy Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Solar Alliance Energy Inc Daily Moving Average Convergence/Divergence (MACD) ChartSolar Alliance Energy Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Solar Alliance Energy Inc. The current adx is 28.08.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Solar Alliance Energy Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Solar Alliance Energy Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Solar Alliance Energy Inc. The current sar is 0.05.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Solar Alliance Energy Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Solar Alliance Energy Inc. The current rsi is 37.82. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Solar Alliance Energy Inc Daily Relative Strength Index (RSI) ChartSolar Alliance Energy Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Solar Alliance Energy Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Solar Alliance Energy Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Solar Alliance Energy Inc Daily Stochastic Oscillator ChartSolar Alliance Energy Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Solar Alliance Energy Inc. The current cci is -239.21887714.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Solar Alliance Energy Inc Daily Commodity Channel Index (CCI) ChartSolar Alliance Energy Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Solar Alliance Energy Inc. The current cmo is -38.71778005.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Solar Alliance Energy Inc Daily Chande Momentum Oscillator (CMO) ChartSolar Alliance Energy Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Solar Alliance Energy Inc. The current willr is -80.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Solar Alliance Energy Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Solar Alliance Energy Inc Daily Williams %R ChartSolar Alliance Energy Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Solar Alliance Energy Inc.

Solar Alliance Energy Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Solar Alliance Energy Inc. The current atr is 0.0030035.

Solar Alliance Energy Inc Daily Average True Range (ATR) ChartSolar Alliance Energy Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Solar Alliance Energy Inc. The current obv is -412,462.

Solar Alliance Energy Inc Daily On-Balance Volume (OBV) ChartSolar Alliance Energy Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Solar Alliance Energy Inc. The current mfi is 50.64.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Solar Alliance Energy Inc Daily Money Flow Index (MFI) ChartSolar Alliance Energy Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Solar Alliance Energy Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Solar Alliance Energy Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Solar Alliance Energy Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.816
Ma 20Greater thanMa 500.044
Ma 50Greater thanMa 1000.045
Ma 100Greater thanMa 2000.041
OpenGreater thanClose0.039
Total2/5 (40.0%)
Penke

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