25 XP   0   0   10

SolarEdge Technologies Inc
Buy, Hold or Sell?

Let's analyse Solaredge together

PenkeI guess you are interested in SolarEdge Technologies 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 SolarEdge Technologies 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.

Get notifications about SolarEdge Technologies Inc

I send you an email if I find something interesting about SolarEdge Technologies Inc.

Quick analysis of Solaredge (30 sec.)










What can you expect buying and holding a share of Solaredge? (30 sec.)

How much money do you get?

How much money do you get?
$0.20
When do you have the money?
1 year
How often do you get paid?
7.5%

What is your share worth?

Current worth
$42.22
Expected worth in 1 year
$47.39
How sure are you?
85.0%

+ What do you gain per year?

Total Gains per Share
$5.37
Return On Investment
7.6%

For what price can you sell your share?

Current Price per Share
$70.98
Expected price per share
$60.44 - $103.15
How sure are you?
50%

1. Valuation of Solaredge (5 min.)




Live pricePrice per Share (EOD)

$70.98

Intrinsic Value Per Share

$-158.61 - $-48.91

Total Value Per Share

$-116.39 - $-6.69

2. Growth of Solaredge (5 min.)




Is Solaredge growing?

Current yearPrevious yearGrowGrow %
How rich?$2.4b$2b$376.6m15.4%

How much money is Solaredge making?

Current yearPrevious yearGrowGrow %
Making money$8.5m$23.4m-$14.8m-173.2%
Net Profit Margin-8.3%3.1%--

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

3. Financial Health of Solaredge (5 min.)




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




  Industry Rankings (Solar)  


Richest
#10 / 84

Most Revenue
#11 / 84

Most Profit
#22 / 84

What can you expect buying and holding a share of Solaredge? (5 min.)

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

What can you expect buying and holding a share of Solaredge?

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

Speculation

The Price per Share of Solaredge is $70.98. 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 Solaredge.
  • 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 Solaredge, 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 $42.22. Based on the TTM, the Book Value Change Per Share is $1.29 per quarter. Based on the YOY, the Book Value Change Per Share is $3.53 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 $0.05 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Solaredge.

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 Eps-2.84-4.0%-0.65-0.9%0.400.6%0.350.5%0.310.4%
Usd Book Value Change Per Share-1.37-1.9%1.291.8%3.535.0%1.612.3%1.061.5%
Usd Dividend Per Share0.100.1%0.050.1%0.000.0%0.010.0%0.010.0%
Usd Total Gains Per Share-1.27-1.8%1.341.9%3.535.0%1.622.3%1.061.5%
Usd Price Per Share93.60-199.03-277.70-203.68-113.31-
Price to Earnings Ratio-8.23--17.76-185.43-79.57-49.21-
Price-to-Total Gains Ratio-73.60-64.82-101.90-157.86-110.72-
Price to Book Ratio2.22-4.79-7.83-8.44-6.41-
Price-to-Total Gains Ratio-73.60-64.82-101.90-157.86-110.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share70.98
Number of shares14
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.050.01
Usd Book Value Change Per Share1.291.61
Usd Total Gains Per Share1.341.62
Gains per Quarter (14 shares)18.7922.71
Gains per Year (14 shares)75.1590.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13726519081
261451401180172
382172152271263
4112892902361354
5143623653451445
6174344404541536
7205065154632627
8235795905722718
9256516655812809
10287237406902900

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%9.03.00.075.0%17.03.00.085.0%35.05.00.087.5%35.07.01.081.4%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%17.03.00.085.0%34.05.01.085.0%34.06.03.079.1%
Dividend per Share2.00.02.050.0%3.00.09.025.0%3.00.017.015.0%3.00.037.07.5%3.00.040.07.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%17.03.00.085.0%34.05.01.085.0%34.06.03.079.1%

Fundamentals of Solaredge

About SolarEdge Technologies Inc

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage. The Solar segment offers power optimizers, inverters, batteries, storage solutions, electric vehicle chargers, smart tracking solutions, and smart energy management software products; Monitoring platform, a cloud-based monitoring platform, which collects power, voltage, current, and system data sent from inverters and power optimizers; and MySolarEdge app, that enables system owners to track their real-time system production and household energy consumption. This segment also provides Designer platform, an web-based tool that helps solar professionals to plan, build, and validate residential and commercial systems; Mapper application for registering the physical layout of new PV sites installed with DC optimized inverter systems; SetApp application that activates and configurate inverters; and grid services. The Energy Storage segment provides lithium-ion cells and containerized battery systems (BESS) solutions for commercial, industrial, and utility markets; modules and racks; purpose-built components and solutions, and hardware and software tools; and pre and post sales engineering support for designing, building, and managing battery and system solutions. The company offers e-mobility products, automated machines, and UPS products; and pre-sales support, ongoing trainings, and technical support and after installation services. It sells its products through solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya, Israel.

Fundamental data was last updated by Penke on 2024-03-22 03:30:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is 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 very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
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 SolarEdge Technologies Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Solaredge earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Solaredge to the Solar industry mean.
  • A Net Profit Margin of -51.4% means that $-0.51 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SolarEdge Technologies Inc:

  • The MRQ is -51.4%. The company is making a huge loss. -2
  • The TTM is -8.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-51.4%TTM-8.3%-43.1%
TTM-8.3%YOY3.1%-11.4%
TTM-8.3%5Y4.6%-12.9%
5Y4.6%10Y7.2%-2.6%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-51.4%0.7%-52.1%
TTM-8.3%-4.3%-4.0%
YOY3.1%-0.3%+3.4%
5Y4.6%-7.8%+12.4%
10Y7.2%-8.3%+15.5%
1.1.2. Return on Assets

Shows how efficient Solaredge is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Solaredge to the Solar industry mean.
  • -3.5% Return on Assets means that Solaredge generated $-0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SolarEdge Technologies Inc:

  • The MRQ is -3.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM0.2%-3.7%
TTM0.2%YOY0.6%-0.4%
TTM0.2%5Y1.4%-1.2%
5Y1.4%10Y2.1%-0.7%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.5%-0.1%-3.4%
TTM0.2%-0.2%+0.4%
YOY0.6%-0.2%+0.8%
5Y1.4%-0.6%+2.0%
10Y2.1%-0.6%+2.7%
1.1.3. Return on Equity

Shows how efficient Solaredge is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Solaredge to the Solar industry mean.
  • -6.7% Return on Equity means Solaredge generated $-0.07 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SolarEdge Technologies Inc:

  • The MRQ is -6.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 0.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-6.7%TTM0.4%-7.1%
TTM0.4%YOY1.1%-0.8%
TTM0.4%5Y2.7%-2.4%
5Y2.7%10Y5.6%-2.8%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%0.6%-7.3%
TTM0.4%0.4%0.0%
YOY1.1%0.5%+0.6%
5Y2.7%-0.5%+3.2%
10Y5.6%-0.6%+6.2%

1.2. Operating Efficiency of SolarEdge Technologies Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Solaredge is operating .

  • Measures how much profit Solaredge 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 Solaredge to the Solar industry mean.
  • An Operating Margin of -58.5% means the company generated $-0.58  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of SolarEdge Technologies Inc:

  • The MRQ is -58.5%. The company is operating very inefficient. -2
  • The TTM is -7.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-58.5%TTM-7.7%-50.8%
TTM-7.7%YOY6.1%-13.8%
TTM-7.7%5Y6.7%-14.4%
5Y6.7%10Y8.8%-2.1%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-58.5%-4.3%-54.2%
TTM-7.7%-0.7%-7.0%
YOY6.1%0.2%+5.9%
5Y6.7%0.1%+6.6%
10Y8.8%-1.4%+10.2%
1.2.2. Operating Ratio

Measures how efficient Solaredge is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Solar industry mean).
  • An Operation Ratio of 1.65 means that the operating costs are $1.65 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of SolarEdge Technologies Inc:

  • The MRQ is 1.648. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.092. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.648TTM1.092+0.556
TTM1.092YOY0.944+0.148
TTM1.0925Y0.942+0.150
5Y0.94210Y0.917+0.024
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6481.629+0.019
TTM1.0921.630-0.538
YOY0.9441.680-0.736
5Y0.9421.618-0.676
10Y0.9171.423-0.506

1.3. Liquidity of SolarEdge Technologies Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Solaredge is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Solar industry mean).
  • A Current Ratio of 3.70 means the company has $3.70 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of SolarEdge Technologies Inc:

  • The MRQ is 3.699. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.745. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.699TTM3.745-0.046
TTM3.745YOY3.712+0.033
TTM3.7455Y3.412+0.333
5Y3.41210Y3.288+0.124
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ3.6991.265+2.434
TTM3.7451.390+2.355
YOY3.7121.456+2.256
5Y3.4121.536+1.876
10Y3.2881.355+1.933
1.3.2. Quick Ratio

Measures if Solaredge is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Solaredge to the Solar industry mean.
  • A Quick Ratio of 2.43 means the company can pay off $2.43 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SolarEdge Technologies Inc:

  • The MRQ is 2.429. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.866. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.429TTM2.866-0.437
TTM2.866YOY2.902-0.036
TTM2.8665Y2.764+0.102
5Y2.76410Y2.768-0.003
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4290.517+1.912
TTM2.8660.575+2.291
YOY2.9020.648+2.254
5Y2.7640.651+2.113
10Y2.7680.728+2.040

1.4. Solvency of SolarEdge Technologies Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Solaredge assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Solaredge to Solar industry mean.
  • A Debt to Asset Ratio of 0.47 means that Solaredge assets are financed with 47.4% credit (debt) and the remaining percentage (100% - 47.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of SolarEdge Technologies Inc:

  • The MRQ is 0.474. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.470. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.474TTM0.470+0.004
TTM0.470YOY0.4700.000
TTM0.4705Y0.482-0.012
5Y0.48210Y0.495-0.013
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4740.588-0.114
TTM0.4700.587-0.117
YOY0.4700.611-0.141
5Y0.4820.617-0.135
10Y0.4950.614-0.119
1.4.2. Debt to Equity Ratio

Measures if Solaredge is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Solaredge to the Solar industry mean.
  • A Debt to Equity ratio of 90.2% means that company has $0.90 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SolarEdge Technologies Inc:

  • The MRQ is 0.902. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.887. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.902TTM0.887+0.016
TTM0.887YOY0.889-0.002
TTM0.8875Y0.952-0.065
5Y0.95210Y1.376-0.424
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9021.389-0.487
TTM0.8871.367-0.480
YOY0.8891.657-0.768
5Y0.9521.730-0.778
10Y1.3761.617-0.241

2. Market Valuation of SolarEdge Technologies 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 Solaredge generates.

  • Above 15 is considered overpriced but always compare Solaredge to the Solar industry mean.
  • A PE ratio of -8.23 means the investor is paying $-8.23 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SolarEdge Technologies Inc:

  • The EOD is -6.243. Based on the earnings, the company is expensive. -2
  • The MRQ is -8.232. Based on the earnings, the company is expensive. -2
  • The TTM is -17.758. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.243MRQ-8.232+1.989
MRQ-8.232TTM-17.758+9.526
TTM-17.758YOY185.431-203.189
TTM-17.7585Y79.566-97.324
5Y79.56610Y49.211+30.355
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-6.243-0.072-6.171
MRQ-8.232-0.031-8.201
TTM-17.758-0.031-17.727
YOY185.431-1.055+186.486
5Y79.566-2.382+81.948
10Y49.2111.668+47.543
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of SolarEdge Technologies Inc:

  • The EOD is -5.619. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.410. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -123.246. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.619MRQ-7.410+1.791
MRQ-7.410TTM-123.246+115.836
TTM-123.246YOY14.039-137.284
TTM-123.2465Y-588.800+465.554
5Y-588.80010Y-283.466-305.334
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-5.619-2.787-2.832
MRQ-7.410-3.500-3.910
TTM-123.246-4.410-118.836
YOY14.039-4.654+18.693
5Y-588.800-5.746-583.054
10Y-283.466-6.822-276.644
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Solaredge 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 2.22 means the investor is paying $2.22 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of SolarEdge Technologies Inc:

  • The EOD is 1.681. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.217. Based on the equity, the company is underpriced. +1
  • The TTM is 4.790. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.681MRQ2.217-0.536
MRQ2.217TTM4.790-2.573
TTM4.790YOY7.834-3.044
TTM4.7905Y8.436-3.647
5Y8.43610Y6.410+2.027
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD1.6811.288+0.393
MRQ2.2171.570+0.647
TTM4.7901.728+3.062
YOY7.8342.216+5.618
5Y8.4361.933+6.503
10Y6.4102.346+4.064
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of SolarEdge Technologies Inc.

3.1. Institutions holding SolarEdge Technologies Inc

Institutions are holding 102% of the shares of SolarEdge Technologies Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30BlackRock Inc9.62740.02045469426-391366-6.6777
2023-09-30Vanguard Group Inc4.45210.00812529274922303.7845
2023-09-30Amvescap Plc.4.13820.082235097387877159.6909
2023-09-30State Street Corporation3.92560.0162230210-66117-2.8793
2023-12-31Baillie Gifford & Co Limited.3.0440.12831729330-41171-2.3254
2023-09-30FMR Inc2.85590.0182162245264570566.1077
2023-09-30Grantham, Mayo, Van Otterloo & Co., LLC2.63160.91461495069778034108.5071
2023-12-31Schroder Investment Management Group2.54240.1753144437735662332.7853
2023-09-30Geode Capital Management, LLC1.82030.01591034150285962.8438
2023-09-30Morgan Stanley - Brokerage Accounts1.79560.0134102007830405742.4648
2023-09-30Impax Asset Management Group PLC1.65350.540993938629708946.2541
2023-09-30Harel Insurance Invests & Fin Srvcs Ltd1.57652.288589562211864715.2704
2023-09-30Goldman Sachs Group Inc1.3650.0202775484-11208-1.4247
2023-12-31UBS Asset Mgmt Americas Inc1.23180.0258699777385325.8272
2023-09-30Coatue Management LLC1.19070.4445676475549091431.0518
2023-09-30Sam Sustainable Asset Management Ltd1.12321.39763810011200021.2887
2023-09-30JPMorgan Chase & Co1.11370.009632724-1035238-62.066
2023-09-30Pictet Asset Manangement SA1.10940.10076302426302420
2023-09-30Deutsche Bank AG1.09730.052162339421120051.238
2023-09-30Amundi1.0150.0345576648-109892-16.0066
Total 49.30926.305428013191+3385825+12.1%

3.2. Funds holding SolarEdge Technologies Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-28iShares Core S&P Small-Cap ETF6.76140.32953862522-1770-0.0458
2024-01-31Swedbank Robur Technology A2.80080.7869160000000
2024-01-31Swedbank Robur Globalfond A2.62580.9253150000000
2024-02-29Invesco Solar ETF2.48527.5337141969300
2024-02-28iShares Global Clean Energy ETF USD Dist2.28262.5077130395100
2023-12-31Vanguard International Growth Inv1.75950.214100513100
2024-02-29iShares Global Clean Energy ETF1.64052.528193717000
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.47030.0581839899-5512-0.652
2024-01-31Schroder ISF Glbl Engy Tnstn E Acc USD1.17623.31756719407969513.4564
2024-02-29SPDR® Portfolio S&P 600 Sm Cap ETF0.89920.3365136551050.0204
2023-12-31GMO Resources Composite0.89892.288151352414620039.8014
2023-12-31GMO Resources III0.89892.288513524168003.3822
2024-01-31GMO Climate Change Investment A GBP Acc0.89624.57345119626300014.0324
2023-12-31Fidelity Balanced0.85820.106849026300
2023-08-31Pictet - Global Envir Opps I USD0.85220.961148682234420.7121
2024-01-31GMO Climate Change III0.85144.5316486376400288.9679
2024-01-31Templeton Glb Climate Change A(Ydis)EUR0.81952.143646815300
2023-12-31Strategic Advisers Fidelity US TtlStk0.81710.0469466800222004.9933
2024-01-31Vanguard Information Technology ETF0.79190.0417452382105202.3808
2023-12-31GMO Climate Change Composite0.78135.030344634813113741.6029
Total 32.367140.548318490115+505845+2.7%

3.3. Insider Transactions

Insiders are holding 0.677% of the shares of SolarEdge Technologies Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-02-29More AveryBUY700067.75
2023-08-09Ronen FaierBUY875180.1
2023-05-04Meir AdestSELL2500300.86
2023-04-03Meir AdestSELL2500307.81

4. Summary

4.1. Key Performance Indicators

The key performance indicators of SolarEdge Technologies 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---1.3741.292-206%3.530-139%1.612-185%1.060-230%
Book Value Per Share--42.22142.028+0%35.450+19%25.706+64%15.158+179%
Current Ratio--3.6993.745-1%3.7120%3.412+8%3.288+13%
Debt To Asset Ratio--0.4740.470+1%0.470+1%0.482-2%0.495-4%
Debt To Equity Ratio--0.9020.887+2%0.889+2%0.952-5%1.376-34%
Dividend Per Share--0.1020.050+104%0.002+4692%0.010+876%0.005+1852%
Eps---2.843-0.652-77%0.403-805%0.349-914%0.310-1017%
Free Cash Flow Per Share---3.158-1.554-51%-0.612-81%-0.129-96%0.079-4092%
Free Cash Flow To Equity Per Share---3.169-1.605-49%2.252-241%0.917-446%0.669-574%
Gross Profit Margin--1.2391.058+17%-0.856+169%0.195+534%0.300+313%
Intrinsic Value_10Y_max---48.909--------
Intrinsic Value_10Y_min---158.612--------
Intrinsic Value_1Y_max---0.439--------
Intrinsic Value_1Y_min---4.814--------
Intrinsic Value_3Y_max---4.721--------
Intrinsic Value_3Y_min---24.146--------
Intrinsic Value_5Y_max---13.101--------
Intrinsic Value_5Y_min---53.942--------
Market Cap4054803480.000-32%5346993600.00011665178032.438-54%16169798504.433-67%11755683391.374-55%6532848411.687-18%
Net Profit Margin---0.514-0.083-84%0.031-1754%0.046-1213%0.072-812%
Operating Margin---0.585-0.077-87%0.061-1058%0.067-970%0.088-766%
Operating Ratio--1.6481.092+51%0.944+75%0.942+75%0.917+80%
Pb Ratio1.681-32%2.2174.790-54%7.834-72%8.436-74%6.410-65%
Pe Ratio-6.243+24%-8.232-17.758+116%185.431-104%79.566-110%49.211-117%
Price Per Share70.980-32%93.600199.028-53%277.695-66%203.679-54%113.305-17%
Price To Free Cash Flow Ratio-5.619+24%-7.410-123.246+1563%14.039-153%-588.800+7847%-283.466+3726%
Price To Total Gains Ratio-55.814+24%-73.60064.817-214%101.904-172%157.856-147%110.721-166%
Quick Ratio--2.4292.866-15%2.902-16%2.764-12%2.768-12%
Return On Assets---0.0350.002-1945%0.006-685%0.014-350%0.021-271%
Return On Equity---0.0670.004-1971%0.011-691%0.027-346%0.056-221%
Total Gains Per Share---1.2721.342-195%3.533-136%1.622-178%1.065-219%
Usd Book Value--2411909000.0002443324500.000-1%2066637500.000+17%1485256150.000+62%874324400.000+176%
Usd Book Value Change Per Share---1.3741.292-206%3.530-139%1.612-185%1.060-230%
Usd Book Value Per Share--42.22142.028+0%35.450+19%25.706+64%15.158+179%
Usd Dividend Per Share--0.1020.050+104%0.002+4692%0.010+876%0.005+1852%
Usd Eps---2.843-0.652-77%0.403-805%0.349-914%0.310-1017%
Usd Free Cash Flow---180409000.000-90309000.000-50%-34514250.000-81%-7605600.000-96%4411300.000-4190%
Usd Free Cash Flow Per Share---3.158-1.554-51%-0.612-81%-0.129-96%0.079-4092%
Usd Free Cash Flow To Equity Per Share---3.169-1.605-49%2.252-241%0.917-446%0.669-574%
Usd Market Cap4054803480.000-32%5346993600.00011665178032.438-54%16169798504.433-67%11755683391.374-55%6532848411.687-18%
Usd Price Per Share70.980-32%93.600199.028-53%277.695-66%203.679-54%113.305-17%
Usd Profit---162383000.0008582250.000-1992%23444750.000-793%29207450.000-656%22799625.000-812%
Usd Revenue--316044000.000744132000.000-58%777569750.000-59%546780150.000-42%340248400.000-7%
Usd Total Gains Per Share---1.2721.342-195%3.533-136%1.622-178%1.065-219%
 EOD+3 -5MRQTTM+7 -29YOY+10 -265Y+12 -2410Y+12 -24

4.2. Fundamental Score

Let's check the fundamental score of SolarEdge Technologies Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.243
Price to Book Ratio (EOD)Between0-11.681
Net Profit Margin (MRQ)Greater than0-0.514
Operating Margin (MRQ)Greater than0-0.585
Quick Ratio (MRQ)Greater than12.429
Current Ratio (MRQ)Greater than13.699
Debt to Asset Ratio (MRQ)Less than10.474
Debt to Equity Ratio (MRQ)Less than10.902
Return on Equity (MRQ)Greater than0.15-0.067
Return on Assets (MRQ)Greater than0.05-0.035
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of SolarEdge Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.754
Ma 20Greater thanMa 5067.723
Ma 50Greater thanMa 10070.643
Ma 100Greater thanMa 20076.367
OpenGreater thanClose69.600
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Gross Profit  261,04739,079300,12617,179317,305-174,488142,817-199,242-56,425
Tax Provision  30,295-97029,3254,90734,2321,83336,065-89,267-53,202
Income Tax Expense  30,295-97029,3254,90734,2321,83336,065-89,267-53,202



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets4,587,731
Total Liabilities2,175,822
Total Stockholder Equity2,411,909
 As reported
Total Liabilities 2,175,822
Total Stockholder Equity+ 2,411,909
Total Assets = 4,587,731

Assets

Total Assets4,587,731
Total Current Assets3,304,306
Long-term Assets1,283,425
Total Current Assets
Cash And Cash Equivalents 338,468
Short-term Investments 521,570
Net Receivables 788,349
Inventory 1,443,449
Other Current Assets 212,470
Total Current Assets  (as reported)3,304,306
Total Current Assets  (calculated)3,304,306
+/-0
Long-term Assets
Property Plant Equipment 678,746
Goodwill 42,996
Long Term Investments 415,475
Intangible Assets 35,345
Long-term Assets Other 29,951
Long-term Assets  (as reported)1,283,425
Long-term Assets  (calculated)1,202,513
+/- 80,912

Liabilities & Shareholders' Equity

Total Current Liabilities893,231
Long-term Liabilities1,282,591
Total Stockholder Equity2,411,909
Total Current Liabilities
Short-term Debt 20,957
Accounts payable 386,471
Other Current Liabilities 444,967
Total Current Liabilities  (as reported)893,231
Total Current Liabilities  (calculated)852,395
+/- 40,836
Long-term Liabilities
Long term Debt 627,381
Capital Lease Obligations 107,919
Long-term Liabilities Other 337,097
Long-term Liabilities  (as reported)1,282,591
Long-term Liabilities  (calculated)1,072,397
+/- 210,194
Total Stockholder Equity
Common Stock6
Retained Earnings 778,166
Accumulated Other Comprehensive Income -46,885
Other Stockholders Equity 1,680,622
Total Stockholder Equity (as reported)2,411,909
Total Stockholder Equity (calculated)2,411,909
+/-0
Other
Capital Stock6
Cash and Short Term Investments 860,038
Common Stock Shares Outstanding 56,976
Current Deferred Revenue40,836
Liabilities and Stockholders Equity 4,587,731
Net Debt 396,832
Net Invested Capital 3,039,290
Net Working Capital 2,411,075
Property Plant and Equipment Gross 913,740
Short Long Term Debt Total 735,300



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-30
> Total Assets 
49,086
0
0
0
74,998
120,130
133,287
285,989
305,658
316,975
349,573
366,372
397,438
412,945
424,743
456,970
492,422
549,206
641,305
731,561
783,230
852,178
964,472
1,176,923
1,221,694
1,337,592
1,494,624
1,513,840
1,605,826
2,278,296
2,437,109
2,464,595
2,564,325
2,656,833
2,900,953
3,682,915
3,772,778
3,903,546
4,265,949
4,496,426
4,696,565
4,651,154
4,587,731
4,587,7314,651,1544,696,5654,496,4264,265,9493,903,5463,772,7783,682,9152,900,9532,656,8332,564,3252,464,5952,437,1092,278,2961,605,8261,513,8401,494,6241,337,5921,221,6941,176,923964,472852,178783,230731,561641,305549,206492,422456,970424,743412,945397,438366,372349,573316,975305,658285,989133,287120,13074,99800049,086
   > Total Current Assets 
0
13,142
0
0
69,273
113,471
123,729
273,706
290,412
298,323
295,022
289,345
309,750
323,354
339,796
369,466
364,939
424,587
476,686
571,212
616,047
655,653
677,309
717,532
730,544
834,803
932,763
955,919
1,072,998
1,744,981
1,719,341
1,585,107
1,488,911
1,552,554
1,711,291
2,462,317
2,283,808
2,451,773
2,899,658
3,242,066
3,449,122
3,363,467
3,304,306
3,304,3063,363,4673,449,1223,242,0662,899,6582,451,7732,283,8082,462,3171,711,2911,552,5541,488,9111,585,1071,719,3411,744,9811,072,998955,919932,763834,803730,544717,532677,309655,653616,047571,212476,686424,587364,939369,466339,796323,354309,750289,345295,022298,323290,412273,706123,729113,47169,2730013,1420
       Cash And Cash Equivalents 
13,142
-13,142
0
0
9,754
34,742
23,774
135,204
144,750
146,729
106,150
84,070
74,032
90,014
104,683
119,933
113,452
149,448
163,163
229,219
214,540
192,876
187,764
226,478
176,575
247,342
223,901
324,072
428,372
1,048,109
827,146
685,157
524,112
526,588
530,089
1,002,772
745,534
678,329
783,112
727,849
557,744
551,122
338,468
338,468551,122557,744727,849783,112678,329745,5341,002,772530,089526,588524,112685,157827,1461,048,109428,372324,072223,901247,342176,575226,478187,764192,876214,540229,219163,163149,448113,452119,933104,68390,01474,03284,070106,150146,729144,750135,20423,77434,7429,75400-13,14213,142
       Short-term Investments 
1,446
26,284
0
0
1,602
0
3,409
3,575
3,639
3,588
27,137
44,059
59,163
61,786
74,465
81,800
80,225
81,488
77,264
81,229
134,821
156,031
128,550
113,121
115,571
91,112
96,855
103,228
116,464
130,596
203,783
182,705
159,248
155,581
167,728
158,557
150,259
202,598
241,117
410,820
493,176
477,275
521,570
521,570477,275493,176410,820241,117202,598150,259158,557167,728155,581159,248182,705203,783130,596116,464103,22896,85591,112115,571113,121128,550156,031134,82181,22977,26481,48880,22581,80074,46561,78659,16344,05927,1373,5883,6393,5753,40901,6020026,2841,446
       Net Receivables 
0
0
0
0
29,501
26,764
44,192
45,093
60,491
47,366
46,685
56,145
88,112
84,898
71,041
79,268
79,851
91,694
143,247
127,479
118,103
151,088
201,863
187,496
237,804
292,232
382,300
235,673
181,700
183,141
275,323
271,713
343,652
416,244
527,380
676,820
669,100
785,325
1,052,743
1,116,781
1,291,630
1,049,012
788,349
788,3491,049,0121,291,6301,116,7811,052,743785,325669,100676,820527,380416,244343,652271,713275,323183,141181,700235,673382,300292,232237,804187,496201,863151,088118,103127,479143,24791,69479,85179,26871,04184,89888,11256,14546,68547,36660,49145,09344,19226,76429,5010000
       Other Current Assets 
1,093
0
0
0
2,684
22,245
4,599
25,312
6,723
20,733
24,233
18,613
5,483
17,276
22,244
26,561
34,109
38,201
8,504
33,156
44,520
46,396
16,789
37,828
50,642
68,234
31,351
66,874
79,867
83,866
81,393
102,985
137,480
148,364
105,951
191,664
248,643
224,169
93,485
112,404
122,378
108,253
212,470
212,470108,253122,378112,40493,485224,169248,643191,664105,951148,364137,480102,98581,39383,86679,86766,87431,35168,23450,64237,82816,78946,39644,52033,1568,50438,20134,10926,56122,24417,2765,48318,61324,23320,7336,72325,3124,59922,2452,6840001,093
   > Long-term Assets 
0
0
0
0
5,725
5,794
9,558
12,283
15,246
18,652
54,551
77,027
87,688
89,591
81,643
87,504
127,483
124,619
164,619
160,349
167,183
196,525
287,163
459,391
491,150
502,789
561,861
557,921
532,828
533,315
717,768
879,488
1,075,414
1,104,279
1,189,662
1,220,598
1,488,970
1,451,773
1,366,291
1,254,360
1,247,443
1,287,687
1,283,425
1,283,4251,287,6871,247,4431,254,3601,366,2911,451,7731,488,9701,220,5981,189,6621,104,2791,075,414879,488717,768533,315532,828557,921561,861502,789491,150459,391287,163196,525167,183160,349164,619124,619127,48387,50481,64389,59187,68877,02754,55118,65215,24612,2839,5585,7945,7250000
       Property Plant Equipment 
4,339
0
0
0
5,351
5,794
7,357
11,903
14,717
17,272
21,428
26,213
27,831
30,377
36,122
37,933
41,991
45,714
51,182
61,161
68,532
73,415
119,329
163,827
176,988
184,276
212,821
233,878
263,367
294,682
345,008
352,018
378,621
392,658
457,516
533,294
547,484
553,968
606,723
625,848
646,890
672,150
678,746
678,746672,150646,890625,848606,723553,968547,484533,294457,516392,658378,621352,018345,008294,682263,367233,878212,821184,276176,988163,827119,32973,41568,53261,16151,18245,71441,99137,93336,12230,37727,83126,21321,42817,27214,71711,9037,3575,7945,3510004,339
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,782
34,874
34,196
33,661
32,592
129,654
125,520
128,279
133,221
140,479
134,620
135,981
131,757
129,629
127,109
116,173
108,860
31,189
29,934
42,332
41,201
42,996
42,99641,20142,33229,93431,189108,860116,173127,109129,629131,757135,981134,620140,479133,221128,279125,520129,65432,59233,66134,19634,8742,782000000000000000000000
       Long Term Investments 
0
0
0
0
52,000
0
0
0
0
0
25,290
43,151
52,446
53,955
44,262
44,893
79,954
72,351
103,120
88,554
86,144
102,240
74,256
57,252
79,616
92,871
119,176
103,863
45,684
21,003
147,434
294,828
457,362
473,315
482,228
449,673
709,571
688,753
645,491
509,127
435,800
436,139
415,475
415,475436,139435,800509,127645,491688,753709,571449,673482,228473,315457,362294,828147,43421,00345,684103,863119,17692,87179,61657,25274,256102,24086,14488,554103,12072,35179,95444,89344,26253,95552,44643,15125,2900000052,0000000
       Intangible Assets 
0
0
0
0
716
0
0
0
0
779
758
737
716
695
1,259
0
0
0
1,115
0
0
3,762
38,504
177,224
177,679
168,203
74,008
69,111
68,211
68,122
67,818
64,196
61,855
61,639
58,861
55,734
50,372
46,286
19,929
17,933
43,656
41,947
35,345
35,34541,94743,65617,93319,92946,28650,37255,73458,86161,63961,85564,19667,81868,12268,21169,11174,008168,203177,679177,22438,5043,762001,1150001,25969571673775877900007160000
       Long-term Assets Other 
0
0
0
0
374
-400
2,201
380
529
601
1,020
880
798
874
-81,643
594
640
732
862
787
956
1,108
5,501
12,303
8,455
7,667
9,904
8,454
8,166
5,609
5,353
16,473
21,633
23,083
33,856
23,583
31,970
15,638
18,806
24,906
20,236
28,103
29,951
29,95128,10320,23624,90618,80615,63831,97023,58333,85623,08321,63316,4735,3535,6098,1668,4549,9047,6678,45512,3035,5011,108956787862732640594-81,6438747988801,0206015293802,201-4003740000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
6,565
6,486
0
4,127
0
4,084
4,898
5,822
0
9,847
11,551
13,218
0
14,589
14,751
17,180
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000017,18014,75114,589013,21811,5519,84705,8224,8984,08404,12706,4866,5650000000000
> Total Liabilities 
58,557
0
0
0
94,089
113,273
121,075
135,459
138,714
133,750
138,634
130,125
141,330
137,999
70,485
149,735
157,219
179,753
243,838
291,350
298,339
313,215
393,746
479,406
541,646
600,404
682,954
647,422
681,025
1,246,259
1,351,352
1,364,671
1,386,532
1,414,750
1,590,914
1,672,390
1,745,246
1,851,419
2,089,583
2,145,632
2,176,376
2,160,748
2,175,822
2,175,8222,160,7482,176,3762,145,6322,089,5831,851,4191,745,2461,672,3901,590,9141,414,7501,386,5321,364,6711,351,3521,246,259681,025647,422682,954600,404541,646479,406393,746313,215298,339291,350243,838179,753157,219149,73570,485137,999141,330130,125138,634133,750138,714135,459121,075113,27394,08900058,557
   > Total Current Liabilities 
40,814
0
0
0
72,943
90,664
95,077
103,437
105,592
96,299
95,855
81,445
87,271
78,500
70,485
78,616
78,696
92,432
129,754
158,609
153,971
166,150
225,718
248,072
293,778
335,407
436,714
389,681
405,065
382,537
436,099
397,726
399,585
405,507
525,181
568,741
612,174
694,480
889,717
900,042
897,729
876,651
893,231
893,231876,651897,729900,042889,717694,480612,174568,741525,181405,507399,585397,726436,099382,537405,065389,681436,714335,407293,778248,072225,718166,150153,971158,609129,75492,43278,69678,61670,48578,50087,27181,44595,85596,299105,592103,43795,07790,66472,94300040,814
       Short-term Debt 
0
0
0
0
16,800
19,400
3,372
58,445
13,265
16,357
20,033
20,155
19,411
20,694
0
20,956
27,128
34,047
41,017
55,903
49,990
55,236
16,639
26,041
26,588
26,363
25,263
15,048
15,256
15,642
27,888
16,215
139
141
12,728
14,570
15,313
15,307
16,183
17,215
19,861
20,098
20,957
20,95720,09819,86117,21516,18315,30715,31314,57012,72814113916,21527,88815,64215,25615,04825,26326,36326,58826,04116,63955,23649,99055,90341,01734,04727,12820,956020,69419,41120,15520,03316,35713,26558,4453,37219,40016,8000000
       Short Long Term Debt 
0
0
0
0
16,800
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,639
17,233
16,454
16,912
15,673
15,048
15,256
15,642
16,894
16,215
139
141
148
0
0
0
0
0
0
0
0
0000000014814113916,21516,89415,64215,25615,04815,67316,91216,45417,23316,6390000000000000000016,8000000
       Accounts payable 
16,468
0
0
0
39,438
41,110
43,570
36,233
80,684
67,180
61,977
45,138
48,481
40,282
34,001
43,740
36,029
42,700
69,488
83,091
81,610
83,459
107,079
90,190
116,795
132,230
157,148
139,138
158,264
122,106
162,051
122,063
141,174
137,621
252,068
241,630
253,399
311,565
459,831
408,523
434,602
399,274
386,471
386,471399,274434,602408,523459,831311,565253,399241,630252,068137,621141,174122,063162,051122,106158,264139,138157,148132,230116,79590,190107,07983,45981,61083,09169,48842,70036,02943,74034,00140,28248,48145,13861,97767,18080,68436,23343,57041,11039,43800016,468
       Other Current Liabilities 
18,134
0
0
0
14,976
30,154
46,483
66,106
23,232
26,944
31,895
33,665
34,931
35,797
36,484
33,851
39,629
46,989
57,707
72,508
68,954
76,896
87,649
118,314
134,687
161,808
183,488
204,789
205,920
217,522
221,512
238,383
242,128
250,806
242,596
287,030
313,002
335,712
387,062
446,797
415,131
435,215
444,967
444,967435,215415,131446,797387,062335,712313,002287,030242,596250,806242,128238,383221,512217,522205,920204,789183,488161,808134,687118,31487,64976,89668,95472,50857,70746,98939,62933,85136,48435,79734,93133,66531,89526,94423,23266,10646,48330,15414,97600018,134
   > Long-term Liabilities 
0
0
0
0
21,146
2,283
25,998
32,022
33,122
37,451
42,779
48,680
54,059
59,499
65,500
71,119
78,523
87,321
114,084
132,741
144,368
147,065
168,028
231,334
247,868
264,997
246,240
257,741
275,960
863,722
915,253
966,945
986,947
1,009,243
1,065,733
1,103,649
1,133,072
1,156,939
1,199,866
1,245,590
1,278,647
1,284,097
1,282,591
1,282,5911,284,0971,278,6471,245,5901,199,8661,156,9391,133,0721,103,6491,065,7331,009,243986,947966,945915,253863,722275,960257,741246,240264,997247,868231,334168,028147,065144,368132,741114,08487,32178,52371,11965,50059,49954,05948,68042,77937,45133,12232,02225,9982,28321,1460000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,510
7,029
7,533
4,929
2,572
0
0
570,332
573,350
619,357
620,082
620,808
621,535
622,263
0
0
0
0
0
0
0
0000000622,263621,535620,808620,082619,357573,350570,332002,5724,9297,5337,0293,5100000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
-16,800
-19,400
-3,372
-58,445
-13,265
-16,357
-20,033
-20,155
-19,411
-20,694
0
-20,956
-27,128
-34,047
-41,017
-55,903
-49,990
-55,236
-16,639
-26,041
13,555
13,079
14,540
15,288
14,735
13,800
33,479
41,370
56,539
56,743
66,692
87,315
74,216
76,600
91,641
77,351
69,393
66,805
86,962
86,96266,80569,39377,35191,64176,60074,21687,31566,69256,74356,53941,37033,47913,80014,73515,28814,54013,07913,555-26,041-16,639-55,236-49,990-55,903-41,017-34,047-27,128-20,9560-20,694-19,411-20,155-20,033-16,357-13,265-58,445-3,372-19,400-16,8000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
6,565
6,486
0
4,127
0
4,084
4,898
5,822
0
9,847
11,551
13,218
0
14,589
14,751
17,180
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000017,18014,75114,589013,21811,5519,84705,8224,8984,08404,12706,4866,5650000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
25,027
24,833
27,691
31,352
35,414
0
43,440
0
50,217
54,752
60,463
65,791
73,280
79,943
93,402
102,349
23,417
129,881
141,255
111,375
127,069
141,676
183,951
156,571
225,420
14,766
252,166
10,649
322,652
17,902
264,487
283,160
328,925
358,786
361,926
337,097
337,097361,926358,786328,925283,160264,48717,902322,65210,649252,16614,766225,420156,571183,951141,676127,069111,375141,255129,88123,417102,34993,40279,94373,28065,79160,46354,75250,217043,440035,41431,35227,69124,83325,0270000000
       Deferred Long Term Liability 
0
0
0
0
4,252
0
0
6,995
8,289
9,760
11,427
13,266
8,289
16,059
0
20,902
23,771
26,858
48,293
59,461
64,425
53,663
62,169
74,581
82,459
89,696
94,443
0
103,181
109,439
123,965
122,168
128,109
136,269
151,556
158,734
0
0
0
0
0
0
0
0000000158,734151,556136,269128,109122,168123,965109,439103,181094,44389,69682,45974,58162,16953,66364,42559,46148,29326,85823,77120,902016,0598,28913,26611,4279,7608,2896,995004,2520000
> Total Stockholder Equity
0
-8,653
0
0
-19,091
6,857
12,212
150,530
166,944
183,225
210,939
236,247
256,108
274,946
288,778
307,235
335,203
369,453
397,467
440,211
484,891
538,963
562,408
626,319
674,071
732,012
811,670
866,418
924,801
1,032,037
1,085,757
1,099,924
1,177,793
1,242,083
1,310,039
2,010,525
2,027,532
2,052,127
2,176,366
2,350,794
2,520,189
2,490,406
2,411,909
2,411,9092,490,4062,520,1892,350,7942,176,3662,052,1272,027,5322,010,5251,310,0391,242,0831,177,7931,099,9241,085,7571,032,037924,801866,418811,670732,012674,071626,319562,408538,963484,891440,211397,467369,453335,203307,235288,778274,946256,108236,247210,939183,225166,944150,53012,2126,857-19,09100-8,6530
   Common Stock
0
0
0
0
-116,203
1
3
4
4
4
4
4
4
4
4
4
4
4
4
4
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
6
6
6
6
6
6
6
6
66666666555555555555555444444444444431-116,2030000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
-129,251
-119,990
-105,558
-81,453
-60,654
0
-27,765
0
-3,825
18,699
46,670
66,172
97,986
132,554
178,197
191,133
210,149
243,277
284,904
337,682
0
416,598
460,349
478,004
510,964
556,056
609,104
650,058
683,181
0
0
0
0
0
0
0
0000000683,181650,058609,104556,056510,964478,004460,349416,5980337,682284,904243,277210,149191,133178,197132,55497,98666,17246,67018,699-3,8250-27,7650-60,654-81,453-105,558-119,990-129,2510000000
   Accumulated Other Comprehensive Income 
0
0
0
0
-61
-400
-161
-263
-222
-225
-293
417
271
120
-600
-25
-367
-297
-611
-1,135
-1,138
-983
-524
-1,220
-895
-3,356
-1,809
-5,390
-3,442
-2,643
3,857
-6,761
-3,536
-19,135
-27,319
-46,067
-89,620
-128,266
-73,109
-77,204
-77,432
-83,949
-46,885
-46,885-83,949-77,432-77,204-73,109-128,266-89,620-46,067-27,319-19,135-3,536-6,7613,857-2,643-3,442-5,390-1,809-3,356-895-1,220-524-983-1,138-1,135-611-297-367-25-600120271417-293-225-222-263-161-400-610000
   Capital Surplus 
0
0
0
0
0
0
0
280,040
287,152
289,004
292,681
296,480
0
302,587
0
311,081
316,867
323,076
331,902
343,356
353,470
361,744
371,794
417,385
431,684
450,459
475,792
491,873
511,640
574,326
603,891
595,716
625,268
652,109
687,295
1,373,405
0
0
0
0
0
0
0
00000001,373,405687,295652,109625,268595,716603,891574,326511,640491,873475,792450,459431,684417,385371,794361,744353,470343,356331,902323,076316,867311,0810302,5870296,480292,681289,004287,152280,0400000000
   Treasury Stock0000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
-115,014
0
0
5,878
6,419
147,586
280,040
287,152
289,004
292,681
296,480
299,214
302,587
306,774
311,081
316,867
323,076
331,902
343,356
353,470
361,744
371,794
417,385
431,684
450,459
475,792
491,873
511,640
574,326
603,891
595,716
625,268
652,109
687,295
1,373,405
1,418,881
1,457,379
1,505,632
1,545,777
1,595,890
1,633,800
1,680,622
1,680,6221,633,8001,595,8901,545,7771,505,6321,457,3791,418,8811,373,405687,295652,109625,268595,716603,891574,326511,640491,873475,792450,459431,684417,385371,794361,744353,470343,356331,902323,076316,867311,081306,774302,587299,214296,480292,681289,004287,152280,040147,5866,4195,87800-115,0140



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue2,976,528
Cost of Revenue-2,272,705
Gross Profit703,823703,823
 
Operating Income (+$)
Gross Profit703,823
Operating Expense-632,304
Operating Income40,20571,519
 
Operating Expense (+$)
Research Development321,482
Selling General Administrative146,504
Selling And Marketing Expenses164,318
Operating Expense632,304632,304
 
Net Interest Income (+$)
Interest Income33,162
Interest Expense-4,199
Other Finance Cost-14,269
Net Interest Income14,694
 
Pretax Income (+$)
Operating Income40,205
Net Interest Income14,694
Other Non-Operating Income Expenses0
Income Before Tax (EBT)81,09945,319
EBIT - interestExpense = 85,895
80,749
38,528
Interest Expense4,199
Earnings Before Interest and Taxes (EBIT)90,09485,298
Earnings Before Interest and Taxes (EBITDA)147,290
 
After tax Income (+$)
Income Before Tax81,099
Tax Provision-46,420
Net Income From Continuing Ops34,32934,679
Net Income34,329
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,905,009
Total Other Income/Expenses Net-5,114-14,694
 

Technical Analysis of Solaredge
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 Solaredge. The general trend of Solaredge 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 Solaredge'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 SolarEdge Technologies Inc.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 78.41 < 87.98 < 103.15.

The bearish price targets are: 60.44.

Tweet this
SolarEdge Technologies 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 SolarEdge Technologies 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 up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -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

SolarEdge Technologies 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 SolarEdge Technologies Inc. The current macd is -1.50182107.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal 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 Solaredge price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Solaredge. 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 Solaredge 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
SolarEdge Technologies Inc Daily Moving Average Convergence/Divergence (MACD) ChartSolarEdge Technologies 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 SolarEdge Technologies Inc. The current adx is 13.21.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Solaredge shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
SolarEdge Technologies 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 SolarEdge Technologies Inc. The current sar is 60.44.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
SolarEdge Technologies 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 SolarEdge Technologies Inc. The current rsi is 53.75. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
SolarEdge Technologies Inc Daily Relative Strength Index (RSI) ChartSolarEdge Technologies 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 SolarEdge Technologies Inc. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +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 Solaredge price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
SolarEdge Technologies Inc Daily Stochastic Oscillator ChartSolarEdge Technologies 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 SolarEdge Technologies Inc. The current cci is 55.60.

SolarEdge Technologies Inc Daily Commodity Channel Index (CCI) ChartSolarEdge Technologies 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 SolarEdge Technologies Inc. The current cmo is 19.33.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
SolarEdge Technologies Inc Daily Chande Momentum Oscillator (CMO) ChartSolarEdge Technologies 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 SolarEdge Technologies Inc. The current willr is -38.27919227.

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 Solaredge is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
SolarEdge Technologies Inc Daily Williams %R ChartSolarEdge Technologies 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 SolarEdge Technologies Inc.

SolarEdge Technologies 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 SolarEdge Technologies Inc. The current atr is 3.95194396.

SolarEdge Technologies Inc Daily Average True Range (ATR) ChartSolarEdge Technologies 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 SolarEdge Technologies Inc. The current obv is -100,952,874.

SolarEdge Technologies Inc Daily On-Balance Volume (OBV) ChartSolarEdge Technologies 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 SolarEdge Technologies Inc. The current mfi is 35.02.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
SolarEdge Technologies Inc Daily Money Flow Index (MFI) ChartSolarEdge Technologies Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for SolarEdge Technologies 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
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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).
2023-12-14DMI 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).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH 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).
2024-03-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

SolarEdge Technologies Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of SolarEdge Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.754
Ma 20Greater thanMa 5067.723
Ma 50Greater thanMa 10070.643
Ma 100Greater thanMa 20076.367
OpenGreater thanClose69.600
Total1/5 (20.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Solaredge with someone you think should read this too:
  • Are you bullish or bearish on Solaredge? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Solaredge? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about SolarEdge Technologies Inc

I send you an email if I find something interesting about SolarEdge Technologies Inc.


Comments

How you think about this?

Leave a comment

Stay informed about SolarEdge Technologies Inc.

Receive notifications about SolarEdge Technologies Inc in your mailbox!