$SEDG | SolarEdge – Weekly Technical Analysis

Wait 5 sec.

$SEDG | SolarEdge – Weekly Technical AnalysisSolarEdge Technologies, Inc.BATS:SEDGmeir1228Perfect — let’s add the moving averages context to make the analysis sharper and more professional: ⸻ 📊 SEDG | SolarEdge – Weekly Technical Analysis The current price of SolarEdge (SEDG) is $39.45 USD (+4.09%). 🔹 Key Supports: •$22.86 – Recently confirmed support level. •$19.85 / $19.34 – Historical support cluster. •$15.02 – Strong long-term support. •$10.24 – Multi-year low and critical floor. 🔸 Major Resistances: •$46.60 – First near-term resistance; breakout here would confirm bullish momentum. •$58.20 – Stronger resistance level above. •$150.00 – Key mid-term target and psychological barrier. •$202.64 → $243.12 → $389.71 – Long-term resistance zones if the broader trend reverses. 📈 Technical Outlook with Moving Averages: •50-week SMA (green line): Price is currently testing just below this moving average. A decisive breakout above would add conviction to the bullish case. •200-week SMA (red line): Still far above current levels (~$150). This remains a long-term resistance barrier that must be reclaimed before a true trend reversal can be confirmed. •The wide gap between the 50W and 200W SMAs highlights the depth of the prior downtrend, but it also provides significant upside potential if accumulation continues. ✅ Conclusion (with Price + MAs): At $39.45, SEDG is trading below the 50W SMA and well under the 200W SMA, signaling it’s still in a recovery phase after a major downtrend. Clearing $46.60 (near-term resistance + above 50W SMA) would be the first real technical confirmation of strength. Longer-term trend reversal signals will only arrive once the stock pushes toward and above the 200W SMA (~$150).