Technical Analysis for CSIQ - Canadian Solar Inc.

Grade Last Price % Change Price Change
grade D 40.53 0.22% 0.09
CSIQ closed up 0.22 percent on Friday, December 4, 2020, on 56 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical CSIQ trend table...

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
20 DMA Support Bullish 0.00%
NR7 Range Contraction 0.00%
Multiple of Ten Bullish Other 0.00%
Down 3 Days in a Row Weakness 0.22%
Down 4 Days in a Row Weakness 0.22%
20 DMA Support Bullish -3.27%
180 Bullish Setup Bullish Swing Setup -3.27%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -3.27%
Upper Bollinger Band Walk Strength -3.27%
Older End-of-Day Signals for CSIQ ...

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Alert Time
20 DMA Support about 18 hours ago
Down 1% about 19 hours ago
60 Minute Opening Range Breakdown about 19 hours ago
Fell Below 20 DMA about 19 hours ago
Fell Below Previous Day's Low about 19 hours ago
View Earlier Intraday Alerts

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Profile

Canadian Solar Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of solar power products worldwide. The company offers solar wafers, cells, and solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules for use in a range of residential, commercial, and industrial solar power generation systems. The company also designs and produces specialty solar modules and products consisting of customized solar modules that its customers incorporate into their products, such as building integrated photovoltaic modules, or BIPV modules; and specialty products, such as portable solar home systems and solar-powered car battery chargers. In addition, it sells solar system kits, a package consisting of solar modules produced by it; and third party supplied components, such as inverters, racking system, and other accessories. Further, the company implements solar power development projects; and performs the engineering design, procurement, and construction work for the solar project. Canadian Solar Inc. sells its products under the CanadianSolar brand name. The company offers its standard solar modules through a direct sales force and sales agents primarily to distributors, system integrators, and original equipment manufacturer customers, as well as to solar project developers; and specialty solar modules and products to the automotive, telecommunications, and light-emitting diode lighting sectors. Canadian Solar Inc. was founded in 2001 and is headquartered in West Guelph, Canada.
Energy Telecommunications Electricity Renewable Energy Photovoltaics System Integrators Solar Panel Project Developers Topray Solar

Is CSIQ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 45.7
52 Week Low 12.0
Average Volume 2,665,344
200-Day Moving Average 25.58
50-Day Moving Average 38.93
20-Day Moving Average 40.24
10-Day Moving Average 41.36
Average True Range 2.67
ADX 13.33
+DI 21.68
-DI 21.24
Chandelier Exit (Long, 3 ATRs ) 37.68
Chandelier Exit (Short, 3 ATRs ) 41.05
Upper Bollinger Band 43.65
Lower Bollinger Band 36.82
Percent B (%b) 0.54
BandWidth 16.96
MACD Line 0.97
MACD Signal Line 1.00
MACD Histogram -0.0284
Fundamentals Value
Market Cap 2.39 Billion
Num Shares 59 Million
EPS 3.44
Price-to-Earnings (P/E) Ratio 11.77
Price-to-Sales 0.76
Price-to-Book 1.65
PEG Ratio 0.29
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 42.63
Resistance 3 (R3) 42.67 42.00 42.28
Resistance 2 (R2) 42.00 41.47 41.99 42.16
Resistance 1 (R1) 41.27 41.14 40.94 41.23 42.05
Pivot Point 40.60 40.60 40.44 40.59 40.60
Support 1 (S1) 39.87 40.07 39.54 39.83 39.01
Support 2 (S2) 39.20 39.74 39.19 38.90
Support 3 (S3) 38.47 39.20 38.78
Support 4 (S4) 38.43