CANADIAN SOLAR INC (CSIQ) Stock Technical Analysis
NASDAQ:CSIQ - Nasdaq - CA1366351098 - Common Stock - Currency: USD
Taking everything into account, CSIQ scores 0 out of 10 in our technical rating. CSIQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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: 89% of all stocks are doing better.
CSIQ is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 79% 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. CSIQ is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month CSIQ has a been trading in the 9.43 - 12.04 range, which is quite wide. It is currently trading near the lows of this range.
CSIQ has an average volume of 1631860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, CSIQ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.71, a Stop Loss order could be placed below this zone.
More info and screens
9.58
17.58
We found 1 important support area.
- A support zone ranging from 9.68 to 9.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 11.29 to 11.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.75 from a horizontal line in the daily time frame.
- Resistance @13.07 from a horizontal line in the daily time frame.
- Resistance @14.63 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
CRS11.42
Mansfield-3.03
10 Day High12.04
10 Day Low9.43
20 Day High12.04
20 Day Low9.43
52 Week High21.35
52 Week Low9.43
Performance
1 Week1.89%
2 Weeks-9.22%
1 Month-0.49%
3 Month-14.74%
6 Month-14.02%
12 Month-50.36%
2 Year-74.28%
3 Year-71.04%
5 Year-35.64%
10 Year-69.33%
15 Year-57.89%
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)-0.05
RSI(14)45.92
LBB9.52
UBB11.86
10.24
+0.2 (+1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.99%
1 Week1.89%
2 Weeks-9.22%
1 Month-0.49%
3 Month-14.74%
6 Month-14.02%
12 Month-50.36%
2 Year-74.28%
3 Year-71.04%
5 Year-35.64%
10 Year-69.33%
15 Year-57.89%
Volatility
ATR(14)0.69
ATR(20)%5.94%
ATR Inc-20.95%
Range Today0.57
ADR(20)0.57
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.42
Mansfield-3.03
10 Day High12.04
10 Day Low9.43
20 Day High12.04
20 Day Low9.43
52 Week High21.35
52 Week Low9.43
CS1 End9.71
CR1 Start11.29
Volume & EV
DER(3)-0.19%
DER(5)0.74%
Volume1.83M
Volume Incr14.61%
Vol(5)1.90M
Vol(50)1.63M