CANADIAN SOLAR INC (CSIQ) Stock Technical Analysis
NASDAQ:CSIQ - Nasdaq - CA1366351098 - Common Stock - Currency: USD
Overall CSIQ gets a technical rating of 0 out of 10. CSIQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CSIQ is a bad performer in the overall market: 93% of all stocks are doing better.
CSIQ is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 89% of 108 stocks in the same industry do better.
CSIQ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CSIQ has a been trading in the 9.56 - 13.66 range, which is quite wide. It is currently trading near the lows of this range.
CSIQ has an average volume of 1795470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CSIQ is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.03
17.58
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 10.97 to 11.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.99 from a trend line in the daily time frame.
- Resistance @12.29 from a trend line in the weekly time frame.
- Resistance @13.07 from a horizontal line in the daily time frame.
- Resistance @15.24 from a trend line in the daily time frame.
- Resistance @17.41 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.61
Mansfield-3.86
10 Day High11.27
10 Day Low9.56
20 Day High13.66
20 Day Low9.56
52 Week High24.32
52 Week Low9.56
Performance
1 Week-0.78%
2 Weeks-6.55%
1 Month-16.9%
3 Month-16.28%
6 Month-25.18%
12 Month-55.78%
2 Year-74.52%
3 Year-68%
5 Year-50.34%
10 Year-65.81%
15 Year-47.02%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)39.81
LBB9.71
UBB11.47
CANADIAN SOLAR INC
NASDAQ:CSIQ (2/4/2025, 8:00:00 PM)
Premarket: 10.16 +0.03 (+0.3%)10.13
+0.42 (+4.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.33%
1 Week-0.78%
2 Weeks-6.55%
1 Month-16.9%
3 Month-16.28%
6 Month-25.18%
12 Month-55.78%
2 Year-74.52%
3 Year-68%
5 Year-50.34%
10 Year-65.81%
15 Year-47.02%
Volatility
ATR(14)0.55
ATR(20)%6.35%
ATR Inc44.61%
Range Today0.81
ADR(20)0.58
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.61
Mansfield-3.86
10 Day High11.27
10 Day Low9.56
20 Day High13.66
20 Day Low9.56
52 Week High24.32
52 Week Low9.56
CS1 EndN/A
CR1 Start10.97
Volume & EV
DER(3)-1.33%
DER(5)0.92%
Volume1.46M
Volume Incr-13.74%
Vol(5)1.45M
Vol(50)1.80M