SunHydrogen: What a success!

What signals does the RSI show for SunHydrogen?

Based on the Relative Strength Index, Sunhydrogen’s stock is a Hold stock. The index measures the upward and downward movements of different time periods (RSI7 for seven days, RSI25 for 25 days) and assigns them a ratio between 0 and 100. For the Sunhydrogen share, this results in a value for the RSI7 of 16.67, which entails a “Buy” recommendation, and a value for the RSI25 of 35, which entails a “Hold” rating for this period. This results in an overall “Buy” ranking at the Relative Strength Indicator level.

How do investors react?

Sunhydrogen has been viewed as particularly positive by predominantly private users on social media over the past two weeks. This is the conclusion reached by our editorial team when evaluating the various comments and word messages that have dealt with this value in the past two weeks. In the past few days, predominantly neutral topics were addressed around the value. In summary, we believe investor sentiment at this level therefore permits a Buy rating. Therefore, the measure of investor sentiment generates an overall “Buy” rating.

Chart analysts convinced on the stock

From the last 200 trading days, Sunhydrogen’s stock average closing price is calculated at $0.03. The closing price on the last trading day was USD 0.033 (+10 percent difference) and we therefore assign a “buy” rating from a chart perspective. In addition to the 200-day moving average, the 50-day moving average is also often analyzed as part of the chart technique. The last closing price for this value (USD 0.03) is also above the moving average (+10 percent), thus Sunhydrogen shares receive a “buy” rating for this as well. Sunhydrogen thus receives an overall “buy” rating for the simple chart technique.