NASDAQ:FSLR • US3364331070
Overall FSLR gets a technical rating of 2 out of 10. Although FSLR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FSLR has a poor technical rating and the quality of the setup is also not perfect 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.
187.31
We found 1 important support area.
We can see 4 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for FSLR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FSLR is down. |
| ChartMill Relative Strength | 75.78 | POSITIVE | FSLR has a high relative strength, it outperformed 75.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FSLR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FSLR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FSLR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.65 | NEUTRAL | The RSI value for FSLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.9 | NEGATIVE | The MACD value suggests FSLR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.76 | OVERSOLD | The low Stochastics value suggests FSLR may be oversold. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for FSLR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.73 | NEUTRAL | The ADX value for FSLR suggests a possible start of a new trend. |
200.25
+2.45 (+1.24%)
ChartMill assigns a technical rating of 2 / 10 to FSLR.
The current trend direction for FIRST SOLAR INC (FSLR) is Bearish.
FIRST SOLAR INC (FSLR) has an RSI value of 39.6508. This indicates that the stock is currently neutral.
The MACD indicator for FIRST SOLAR INC (FSLR) has a value of -0.904802, indicating a bearish trend.
The short term momentum for FIRST SOLAR INC (FSLR) is negative.