We assign a technical rating of 6 out of 10 to CSIQ. In the last year, CSIQ was one of the better performers, but we do observe some doubts in the very recent evolution.
CSIQ has an average technical rating and it also does not offer a high 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.
9.70
4 important support areas can be observed.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CSIQ is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSIQ is down. |
| ChartMill Relative Strength | 94.08 | POSITIVE | CSIQ has a high relative strength, it outperformed 94.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSIQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CSIQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSIQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.73 | NEUTRAL | The RSI value for CSIQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests CSIQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.42 | OVERSOLD | The low Stochastics value suggests CSIQ may be oversold. |
| Average True Range in percent/ATR (20) | 10.39 | HIGH VOLATILITY | The high ATR as a percentage value for CSIQ suggests high volalility. |
| Average Directional Index/ADX (14) | 14.9 | NEGATIVE | The low ADX value for CSIQ suggests a weak or negative trend. |
NASDAQ:CSIQ (1/13/2026, 3:24:50 PM)
21.89
+1.64 (+8.1%)
ChartMill assigns a technical rating of 6 / 10 to CSIQ.
The current trend direction for CANADIAN SOLAR INC (CSIQ) is Bullish.
CANADIAN SOLAR INC (CSIQ) has an RSI value of 39.7346. This indicates that the stock is currently neutral.
The short term momentum for CANADIAN SOLAR INC (CSIQ) is negative.
CANADIAN SOLAR INC (CSIQ) has a support level at 19.38 and a resistance level at 23.78. Check the full technical report for our detailed analysis of CSIQ support and resistance levels.