255.89 USD
+1.09 (+0.43%)
255.89 USD
0 (0%)
Overall FSLR gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FSLR is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
FSLR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FSLR is lagging the market slightly.
In the last month FSLR has a been trading in the 241.00 - 276.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FSLR has an average volume of 2168520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, FSLR did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FSLR is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 67% of 112 stocks in the same industry.
Besides having an excellent technical rating, FSLR also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
221.12
280.17
2 important support areas can be observed.
- A support zone ranging from 249.90 to 250.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @223.35 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 257.25 to 258.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 272.93 to 277.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for FSLR is neutral. |
| ChartMill Relative Strength | 88.73 | POSITIVE | FSLR has a high relative strength, it outperformed 88.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FSLR is below 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) | 49.33 | NEUTRAL | The RSI value for FSLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.11 | NEGATIVE | The MACD value suggests FSLR has a negative trend. |
| Stochastics (14,3) | 45.78 | NEUTRAL | The Stochastics value for FSLR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for FSLR suggests some volalility. |
| Average Directional Index/ADX (14) | 10.75 | NEGATIVE | The low ADX value for FSLR suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 258.87 | 249.89 | 8.98 (3.47%) | 25.00% |
| An entry @258.87. This is a Buy Stop order right above the resistance zone. | An exit @249.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.98 points, which is 3.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- The distance between exit and entry is rather small compared to the average daily movement of FSLR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
255.89
+1.09 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.43%
1 Week0%
2 Weeks-2.9%
1 Month1.11%
3 Month20.42%
6 Month76.48%
12 Month40.3%
2 Year48.53%
3 Year70.83%
5 Year158.68%
10 Year287.77%
15 Year96.63%
Volatility
ATR(14)10.92
ATR(20)%4.46%
ATR Inc54.75%
Range Today7.49
ADR(20)11.26
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.73
3 months CRS90.96
6 months CRS94.42
Mansfield2.57
10 Day High273.8
10 Day Low249
20 Day High276.14
20 Day Low241
52 Week High281.55
52 Week Low116.56
CS1 End250.46
CR1 Start257.25
Volume & EV
DER(3)-0.69%
DER(5)0.08%
Volume1.56M
Volume Incr15.5%
Vol(5)2.13M
Vol(50)2.17M
FIRST SOLAR INC / FSLR FAQ
What is the technical rating for FSLR stock?
ChartMill assigns a technical rating of 8 / 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 49.33. This indicates that the stock is currently neutral.
What is the support and resistance level for FSLR stock?
FIRST SOLAR INC (FSLR) has a support level at 250.46 and a resistance level at 257.25. Check the full technical report for our detailed analysis of FSLR support and resistance levels.