Technical Analysis for CSIQ - Canadian Solar Inc.

Grade Last Price % Change Price Change
grade C 16.88 -0.06% -0.01
CSIQ closed down 0.06 percent on Thursday, April 9, 2020, on 64 percent of normal volume.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Upper Bollinger Band Touch Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.06%
Narrow Range Bar Range Contraction -0.06%
NR7 Range Contraction -0.06%
Inside Day Range Contraction -0.06%
Wide Bands Range Expansion 4.33%
Crossed Above 20 DMA Bullish 3.12%
Wide Bands Range Expansion 3.12%
Gapped Up Strength 3.12%

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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 Energy In California 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 25.35
52 Week Low 12.0
Average Volume 968,528
200-Day Moving Average 19.92
50-Day Moving Average 18.95
20-Day Moving Average 15.39
10-Day Moving Average 15.81
Average True Range 1.50
ADX 20.76
+DI 24.30
-DI 22.58
Chandelier Exit (Long, 3 ATRs ) 14.00
Chandelier Exit (Short, 3 ATRs ) 16.49
Upper Bollinger Band 17.63
Lower Bollinger Band 13.16
Percent B (%b) 0.83
BandWidth 29.05
MACD Line -0.64
MACD Signal Line -1.06
MACD Histogram 0.4121
Fundamentals Value
Market Cap 978.14 Million
Num Shares 57.9 Million
EPS 0.42
Price-to-Earnings (P/E) Ratio 40.19
Price-to-Sales 0.35
Price-to-Book 1.01
PEG Ratio 0.30
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.50
Resistance 3 (R3) 18.59 18.14 18.23
Resistance 2 (R2) 18.14 17.73 18.10 18.14
Resistance 1 (R1) 17.51 17.47 17.29 17.42 18.05
Pivot Point 17.06 17.06 16.95 17.02 17.06
Support 1 (S1) 16.43 16.65 16.21 16.34 15.71
Support 2 (S2) 15.98 16.39 15.94 15.62
Support 3 (S3) 15.35 15.98 15.53
Support 4 (S4) 15.26