CANADIAN SOLAR INC (CSIQ)

CA1366351098 - Common Stock

19.76  +0.36 (+1.86%)

After market: 19.76 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CSIQ. CSIQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than CSIQ.
CSIQ is part of the Semiconductors & Semiconductor Equipment industry. There are 106 other stocks in this industry, of which 86% are performing better than CSIQ.
CSIQ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CSIQ has an average volume of 1311380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CSIQ has a been trading in the 17.84 - 21.68 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
CSIQ Weekly chart
CSIQ Daily chart
Setup Rating and Analysis

5

CSIQ has a bad technical rating, but it does show a decent setup pattern. 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.
Support and Resistance Analysis

19.56

45.00

5 important resistance areas can be observed.

  • A resistance zone ranging from 19.77 to 19.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 20.99 to 21.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @24.04 from a horizontal line in the daily time frame.
  • Resistance @25.04 from a trend line in the daily time frame.
  • Resistance @44.55 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.92
Mansfield-4.06
10 Day High20.51
10 Day Low17.84
20 Day High21.68
20 Day Low17.84
52 Week High45.29
52 Week Low17.82
Performance
1 Week4.99%
2 Weeks1.96%
1 Month-6.31%
3 Month-24.67%
6 Month-19.71%
12 Month-50.36%
2 Year-44.12%
3 Year-60.19%
5 Year6.07%
10 Year-38.33%
15 Year230.44%
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)48.47
LBB17.77
UBB20.63
CSIQ Daily chart

CANADIAN SOLAR INC

NASDAQ:CSIQ (3/28/2024, 5:34:33 PM)

After market: 19.76 0 (0%)

19.76

+0.36 (+1.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.86%
1 Week4.99%
2 Weeks1.96%
1 Month-6.31%
3 Month-24.67%
6 Month-19.71%
12 Month-50.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.95
ATR(20)%4.71%
ATR Inc
Range Today0.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.51
10 Day Low17.84
20 Day High21.68
20 Day Low17.84
52 Week High45.29
52 Week Low17.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.06M
Volume Incr7.89%
Vol(5)1.36M
Vol(50)1.31M