What Does Stochastic %K say about SolarEdge Technologies, Inc. (NASDAQ:SEDG)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of SolarEdge Technologies, Inc. (NASDAQ:SEDG) for the period of 9-Day stands at 85.48% while the stochastic %D for the same period stands at 73.72%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of SolarEdge Technologies, Inc. (NASDAQ:SEDG) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for SolarEdge Technologies, Inc. (NASDAQ:SEDG) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s 20-Day Bollinger Band indicates “Hold”.

About Company

SolarEdge Technologies, Inc. provides inverter solution. The company’s SolarEdge system offers power optimizers, inverters and a cloud-based monitoring platform. It serves residential solar installations to commercial and small utility-scale solar installations. SolarEdge Technologies, Inc. is headquartered in HodHasharon, Israel.

Previous Day Activity Analysis

On the last trading day, SolarEdge Technologies, Inc. (NASDAQ:SEDG) opened the session at $37.35 and after going down -1.7% closed at $37.5. The stock gained 0.15 points in the last trade.

SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s stock fluctuated in the range of $36.71 and $37.95 during the previous active session. SolarEdge Technologies, Inc. (NASDAQ:SEDG) traded with the volume of 877794 with average volume of 844.94 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.45 and 72.98 respectively.

Currently the Insider Ownership of the shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) is at 3.1% and the shares outstanding are 42.8 Million.

Important Ratio Analysis

Some important ratios to consider here for SolarEdge Technologies, Inc. (NASDAQ:SEDG) are discussed below:

Price to Earnings P/E ratio stands at 26.69 while Forward P/E shows the value of 17.93.

The Price to Sale P/S and Price to Book P/B shows the value of 3.27 and 4.31 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 6.95 and 0 correspondingly.

The Quick Ratio of SolarEdge Technologies, Inc. (NASDAQ:SEDG) stands at 3.9 while the Current Ratio depicts the value of 4.6.

Stock Performance Analysis

The stock performance of SolarEdge Technologies, Inc. (NASDAQ:SEDG) on the basis of 5 day trade show the jump of 11.44% whereas, the monthly performance of the stock shows increase of 26.9%.

The quarterly performance of the stock remained in green zone with the value of 34.65% while six month performance of the shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) remained bullish with the count of 107.18%.

The yearly and YTD performance of SolarEdge Technologies, Inc. (NASDAQ:SEDG) remained up at 180.9% and 202.42% respectively.