CANADIAN SOLAR INC (CSIQ)
CA1366351098 - Common Stock
Overall CSIQ gets a technical rating of 1 out of 10. 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.
92% of all other stocks performed better in the past year than CSIQ.
CSIQ is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, of which 87% are performing better than CSIQ.
CSIQ is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CSIQ is lagging the market.
In the last month CSIQ has a been trading in the 10.60 - 13.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CSIQ has an average volume of 2369950 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. We notice that large players showed an interest for CSIQ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.64
17.58
When analyzing the support we notice one important area.
- Support @10.75 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 12.64 to 12.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.08 from a horizontal line in the daily time frame.
- Resistance @13.72 from a trend line in the weekly time frame.
- Resistance @14.59 from a trend line in the daily time frame.
- Resistance @16.01 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
CRS8.55
Mansfield-3.78
10 Day High13.61
10 Day Low10.6
20 Day High13.61
20 Day Low10.6
52 Week High26.85
52 Week Low10.6
Performance
1 Week-9.38%
2 Weeks-4.25%
1 Month1.77%
3 Month-18.15%
6 Month-27.08%
12 Month-54.69%
2 Year-62.78%
3 Year-63.25%
5 Year-47.96%
10 Year-52.46%
15 Year-60.1%
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)44.68
LBB10.8
UBB13.2
CANADIAN SOLAR INC
NASDAQ:CSIQ (12/20/2024, 8:04:08 PM)
After market: 11.56 +0.06 (+0.52%)11.5
+0.74 (+6.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg6.88%
1 Week-9.38%
2 Weeks-4.25%
1 Month1.77%
3 Month-18.15%
6 Month-27.08%
12 Month-54.69%
2 Year-62.78%
3 Year-63.25%
5 Year-47.96%
10 Year-52.46%
15 Year-60.1%
Volatility
ATR(14)0.81
ATR(20)%7.14%
ATR Inc15.7%
Range Today1.05
ADR(20)0.76
ADR(20)%6.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.55
Mansfield-3.78
10 Day High13.61
10 Day Low10.6
20 Day High13.61
20 Day Low10.6
52 Week High26.85
52 Week Low10.6
CS1 End10.75
CR1 Start12.64
Volume & EV
DER(3)3.26%
DER(5)0.73%
Volume2.36M
Volume Incr11.53%
Vol(5)2.28M
Vol(50)2.37M