Bloomberg Expert: Distribution's 15min Chart Triggers Bearish Bollinger Bands Narrowing

The 15-minute chart for Distribution has recently triggered a narrowing of Bollinger Bands, accompanied by a bearish Marubozu at 09/19/2025 10:15. This suggests a decrease in the magnitude of stock price fluctuations, with sellers dominating the market and indicating a continued bearish momentum.

Sunrise New Energy (EPOW), a leading manufacturer of graphite anode materials, has begun construction of a new 20,000-ton high-end graphite anode production line with a total investment of $64 million Sunrise New Stock Price, News & Analysis^[1]. The facility, expected to commence operations in late 2025, is projected to generate $110 million in annual revenue and $16 million in annual profit. This expansion comes amidst a period of strong growth for the company, with revenues of $38.13M in 2022, $45.05M in 2023, and $64.99M in 2024, representing YoY growth of 414.57%, 18.16%, and 44.28% respectively Sunrise New Stock Price, News & Analysis^[1]. Sunrise expects graphite anode shipments to reach 40,000-50,000 tons in 2025, up from 28,200 tons in 2024 Sunrise New Stock Price, News & Analysis^[1].

The new production line is part of Sunrise's strategy to meet the increasing demand for lithium-ion batteries, driven by strong sales of electric vehicles (EVs) and energy storage systems. As one of China's top three graphite anode suppliers, Sunrise is expanding capacity to stay competitive in the rapidly growing EV and energy storage markets Sunrise New Stock Price, News & Analysis^[1]. The company has also secured significant funding for innovative projects, including a $960,000 grant for a sodium-ion battery anode project and a $1.04 million special technology fund for a silicon-carbon anode project .

Sunrise's recent financial performance has been robust, with strong sales growth in its EV and energy storage business. For instance, the company achieved a 449.8% increase in sales volume for October 2024 compared to October 2023, with cumulative sales from January to October 2024 reaching 22,476 tons, up 131.1% compared to the same period in 2023 . The company's partnerships with major battery manufacturers like CATL, HiTHIUM Energy Storage, and Pylon Technologies have contributed significantly to this growth .

Additionally, Sunrise has regained compliance with Nasdaq's minimum bid price requirement, which is a positive sign for investors . The company's ability to secure low-interest loans from China Construction Bank (CCB) has also bolstered its liquidity, enabling faster order fulfillment and potential revenue growth [^6, 7].

In summary, Sunrise New Energy's recent announcements and financial performance indicate a company well-positioned to capitalize on the growing demand for lithium-ion batteries. The expansion of its graphite anode production capacity, along with its innovative projects and strong partnerships, suggest a promising outlook for the company's future.