FIRST SOLAR INC (FSLR) Stock Technical Analysis
NASDAQ:FSLR - Nasdaq - US3364331070 - Common Stock - Currency: USD
Taking everything into account, FSLR scores 0 out of 10 in our technical rating. FSLR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FSLR is a bad performer in the overall market: 84% of all stocks are doing better.
FSLR is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 63% of 108 stocks in the same industry do better.
FSLR 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 FSLR is lagging the market.
In the last month FSLR has a been trading in the 133.90 - 171.54 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
FSLR has an average volume of 2418920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of FSLR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
134.82
232.40
3 important resistance areas can be observed.
- A resistance zone ranging from 153.92 to 156.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @168.30 from a trend line in the daily time frame.
- Resistance @230.10 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.05
Mansfield-3.69
10 Day High170.7
10 Day Low133.9
20 Day High171.54
20 Day Low133.9
52 Week High306.77
52 Week Low133.9
Performance
1 Week-12.39%
2 Weeks-15.07%
1 Month-18.65%
3 Month-31.66%
6 Month-40.11%
12 Month-13.84%
2 Year-19.49%
3 Year80.87%
5 Year197.53%
10 Year127.95%
15 Year28.78%
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)-1.59
RSI(14)29.27
LBB139.26
UBB172.55
136.18
-5 (-3.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.54%
1 Week-12.39%
2 Weeks-15.07%
1 Month-18.65%
3 Month-31.66%
6 Month-40.11%
12 Month-13.84%
2 Year-19.49%
3 Year80.87%
5 Year197.53%
10 Year127.95%
15 Year28.78%
Volatility
ATR(14)8.27
ATR(20)%5.69%
ATR Inc94.32%
Range Today7.42
ADR(20)7.37
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.05
Mansfield-3.69
10 Day High170.7
10 Day Low133.9
20 Day High171.54
20 Day Low133.9
52 Week High306.77
52 Week Low133.9
CS1 EndN/A
CR1 Start153.92
Volume & EV
DER(3)0.66%
DER(5)-0.36%
Volume5.78M
Volume Incr114.73%
Vol(5)5.01M
Vol(50)2.42M