Overall FSLR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FSLR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although FSLR has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
243.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 249.90 to 256.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @245.83 from a horizontal line in the daily time frame.
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 FSLR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSLR is up. |
| ChartMill Relative Strength | 92.1 | POSITIVE | FSLR has a high relative strength, it outperformed 92.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSLR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FSLR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.82 | NEUTRAL | The RSI value for FSLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.18 | POSITIVE | The MACD value suggests FSLR has a positive trend. |
| Stochastics (14,3) | 73.43 | NEUTRAL | The Stochastics value for FSLR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for FSLR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.87 | NEGATIVE | The low ADX value for FSLR suggests a weak or negative trend. |
284.59
+17.61 (+6.6%)
FIRST SOLAR INC / FSLR FAQ
What is the technical rating for FSLR stock?
ChartMill assigns a technical rating of 10 / 10 to FSLR.
What is the current trend direction of FIRST SOLAR INC (FSLR) stock?
The current trend direction for FIRST SOLAR INC (FSLR) is Bullish.
Can you provide the RSI signal for FIRST SOLAR INC?
FIRST SOLAR INC (FSLR) has an RSI value of 64.8226. This indicates that the stock is currently neutral.
What is the buy/sell signal for FSLR stock?
The buy/sell signal for FIRST SOLAR INC (FSLR) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FIRST SOLAR INC?
FIRST SOLAR INC (FSLR) has a support level at 256.66. Check the full technical report for our detailed analysis of FSLR support and resistance levels.