In the zone

$RUN - Sunrun, Inc.

 

In the Zone this week is Sunrun, Inc. in which trades on the Nasdaq Composite Index under the stock symbol $RUN.

 

Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking, as well as solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems. Its primary customers are residential homeowners. 

                                                                                                  

 

At the close of the trading to end the week the company ended the day trading at $68.62 down $1.25 or -1.78% on lower than average downside trading volume of 2.05 million. The average daily trading volume for the company is 5.69 million. Despite the decline in the market on the half-day of trading before Christmas the stock is up 9.44%, 7.08% for the month of December as well as 396.89% year to date.  

 

In the week ahead, please set your price alerts and keep Sunrun on your watch list for a potential breakout in price above $77.07.

 

By Marlin Rolle

 

Please note that all the stocks listed are not buy recommendations; please do your own due diligence or get help from a professional before trading.