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CANADIAN SOLAR INC (CSIQ) Stock Technical Analysis

USA - NASDAQ:CSIQ - CA1366351098 - Common Stock

19.4 USD
+1.46 (+8.14%)
Last: 10/31/2025, 10:17:09 AM
Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to CSIQ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CSIQ is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by CSIQ, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CSIQ has a been trading in the 13.20 - 18.64 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CSIQ has an average volume of 2472650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CSIQ did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CSIQ is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 61% of 112 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CANADIAN SOLAR INC / CSIQ Weekly stock chart
CANADIAN SOLAR INC / CSIQ Daily stock chart
Setup Rating and Analysis

3

Although CSIQ has an excellent technical rating, it 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

19.59

4 important support areas can be observed.

  • A support zone ranging from 17.93 to 17.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.71 from a trend line in the daily time frame.
  • A support zone ranging from 10.74 to 10.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @9.80 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 IndicatorUPPOSITIVEThe short term trend for CSIQ is up.
ChartMill Relative Strength88.77POSITIVECSIQ has a high relative strength, it outperformed 88.77% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CSIQ is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CSIQ is above 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)68.03NEUTRALThe RSI value for CSIQ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.18POSITIVEThe MACD value suggests CSIQ has a positive trend.
Stochastics (14,3)72.24NEUTRALThe Stochastics value for CSIQ is a neutral value.
Average True Range in percent/ATR (20)7.68HIGH VOLATILITYThe high ATR as a percentage value for CSIQ suggests high volalility.
Average Directional Index/ADX (14)28.73POSITIVEThe high ADX value value for CSIQ suggests a strong 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 (10/31/2025, 10:17:09 AM)

19.4

+1.46 (+8.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg8.14%
1 Week26.78%
2 Weeks14.71%
1 Month17.49%
3 Month58.48%
6 Month87.85%
12 Month18.65%
2 Year-10.21%
3 Year-47.08%
5 Year-50.65%
10 Year-17.82%
15 Year28.42%
Volatility
ATR(14)1.41
ATR(20)%7.68%
ATR Inc102.89%
Range Today1.82
ADR(20)1.24
ADR(20)%6.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.77
3 months CRS94.27
6 months CRS92.96
Mansfield4.16
10 Day High18.64
10 Day Low13.76
20 Day High18.64
20 Day Low13.2
52 Week High18.64
52 Week Low6.57
CS1 End14.71
CR1 StartN/A
Volume & EV
DER(3)2.98%
DER(5)3.06%
Volume38.49K
Volume Incr57.17%
Vol(5)3.94M
Vol(50)2.47M

CANADIAN SOLAR INC / CSIQ FAQ

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

ChartMill assigns a technical rating of 9 / 10 to CSIQ.


What is the trend direction for 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 68.0344. This indicates that the stock is currently neutral.


What is the MACD signal for CANADIAN SOLAR INC (CSIQ) stock?

The MACD indicator for CANADIAN SOLAR INC (CSIQ) has a value of 0.181519, indicating a bearish trend.


What is the buy/sell signal for CSIQ stock?

The buy/sell signal for CANADIAN SOLAR INC (CSIQ) is buy as both the short term and long term trends are positive.