Technical Analysis - Sunrun (RUN) has reached an important support level and surpassed resistance at the 50-day moving average, indicating a potential short-term bullish trend [1] - The 50-day simple moving average is a key technical indicator for determining support or resistance levels [1] Performance Metrics - RUN has experienced a rally of 19.4% over the past four weeks, indicating strong recent performance [2] - The company currently holds a Zacks Rank of 2 (Buy), suggesting positive market sentiment [2] Earnings Estimates - Positive earnings estimate revisions have been noted, with one upward revision compared to none lower for the current fiscal year, and the consensus estimate has also increased [2] - This combination of technical strength and positive earnings revisions suggests that RUN could be poised for further gains [3]
Sunrun (RUN) Just Overtook the 50-Day Moving Average