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CANADIAN SOLAR INC (CSIQ) Stock Technical Analysis

USA - Nasdaq - NASDAQ:CSIQ - CA1366351098 - Common Stock

21.89 USD
+1.64 (+8.1%)
Last: 1/13/2026, 3:24:50 PM
Technical Rating and Analysis

6

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.

Looking at the yearly performance, CSIQ did better than 94% of all other stocks.
CSIQ is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 81% of 113 stocks in the same industry.
CSIQ has an average volume of 5896410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CSIQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CSIQ is lagging the market.
In the last month CSIQ has a been trading in the 18.89 - 28.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CANADIAN SOLAR INC / CSIQ Weekly stock chart
CANADIAN SOLAR INC / CSIQ Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

9.70

27.83

4 important support areas can be observed.

  • A support zone ranging from 19.38 to 19.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 12.12 to 12.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.16 from a trend line in the daily time frame.
  • Support @9.80 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @23.78 from a trend line in the daily time frame.
  • Resistance @27.55 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CSIQ is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CSIQ is down.
ChartMill Relative Strength94.08POSITIVECSIQ has a high relative strength, it outperformed 94.08% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CSIQ is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of CSIQ is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CSIQ is above the rising SMA(200).
Relative Strength Index/RSI (14)39.73NEUTRALThe RSI value for CSIQ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.58NEGATIVEThe MACD value suggests CSIQ has a negative trend, although the MACD value is rising.
Stochastics (14,3)8.42OVERSOLDThe low Stochastics value suggests CSIQ may be oversold.
Average True Range in percent/ATR (20)10.39HIGH VOLATILITYThe high ATR as a percentage value for CSIQ suggests high volalility.
Average Directional Index/ADX (14)14.9NEGATIVEThe low ADX value for CSIQ suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
CANADIAN SOLAR INC / CSIQ Daily stock chart

CANADIAN SOLAR INC

NASDAQ:CSIQ (1/13/2026, 3:24:50 PM)

21.89

+1.64 (+8.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg8.1%
1 Week-19.58%
2 Weeks-16.25%
1 Month-19.64%
3 Month38.79%
6 Month65.31%
12 Month83.26%
2 Year-8.37%
3 Year-51.87%
5 Year-63.01%
10 Year0.4%
15 Year44.44%
Volatility
ATR(14)2.08
ATR(20)%10.39%
ATR Inc-56.82%
Range Today2.93
ADR(20)1.85
ADR(20)%8.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.08
3 months CRS95.38
6 months CRS93.72
Mansfield3.13
10 Day High26.11
10 Day Low18.89
20 Day High28.19
20 Day Low18.89
52 Week High34.59
52 Week Low6.57
CS1 End19.38
CR1 Start23.78
Volume & EV
DER(3)-0.54%
DER(5)-2.46%
Volume6.35M
Volume Incr104.84%
Vol(5)6.77M
Vol(50)5.90M

CANADIAN SOLAR INC / CSIQ FAQ

Can you provide the ChartMill technical rating for CANADIAN SOLAR INC?

ChartMill assigns a technical rating of 6 / 10 to CSIQ.


What is the current trend direction of CANADIAN SOLAR INC (CSIQ) stock?

The current trend direction for CANADIAN SOLAR INC (CSIQ) is Bullish.


What is the RSI signal for CSIQ stock?

CANADIAN SOLAR INC (CSIQ) has an RSI value of 39.7346. This indicates that the stock is currently neutral.


Can you provide the short term momentum for CANADIAN SOLAR INC?

The short term momentum for CANADIAN SOLAR INC (CSIQ) is negative.


What is the support and resistance level for CSIQ stock?

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.