Trend

Real Goods Solar lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -28.15% during the next 3 months and, with 90% probability hold a price between $0.52 and $0.79 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Thursday April 19, 2018, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Real Goods Solar holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $1.02. On a fall, the stock will find some support from the short-term average at $0.97. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

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Relative Strength Index (RSI)

RSI14 is 49 and the stock is currently not being overbought or oversold

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Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $0.89 and $0.86. On the upside the stock meets some resistance just above today's level from accumulated volume at $1.02, $1.17 and $1.19.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Real Goods Solar finds support just below today's level at $0.89. If this is broken, then the next support from accumulated volume will be at $0.86 and $0.79. The stock is about to test the resistance from accumulated volume at $1.02 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.06 between high and low, or 6.19%. For the last week the stock has had a daily average volatility of 15.18%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

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Evaluation

Real Goods Solar holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.