NASDAQ:FSLR • US3364331070
Taking everything into account, FSLR scores 1 out of 10 in our technical rating. FSLR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of FSLR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
195.23
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for FSLR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FSLR is down. |
| ChartMill Relative Strength | 62.18 | NEUTRAL | FSLR is not amongst the best or worst performers 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) | 32.75 | NEUTRAL | The RSI value for FSLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.52 | NEGATIVE | The MACD value suggests FSLR has a negative trend. |
| Stochastics (14,3) | 13.6 | OVERSOLD | The low Stochastics value suggests FSLR may be oversold. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for FSLR suggests high volalility. |
| Average Directional Index/ADX (14) | 18.9 | NEGATIVE | The low ADX value for FSLR suggests a weak or negative trend. |
197.2
-2.9 (-1.45%)
ChartMill assigns a technical rating of 1 / 10 to FSLR.
The current trend direction for FIRST SOLAR INC (FSLR) is Bearish.
FIRST SOLAR INC (FSLR) has an RSI value of 32.7486. This indicates that the stock is currently neutral.
The MACD indicator for FIRST SOLAR INC (FSLR) has a value of -2.52028, indicating a bearish trend.
The short term momentum for FIRST SOLAR INC (FSLR) is negative.