FIRST SOLAR INC (FSLR)
US3364331070 - Common Stock
Taking everything into account, FSLR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FSLR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
FSLR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FSLR has an average volume of 2187350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FSLR turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
FSLR is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 59% of 107 stocks in the same industry.
FSLR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FSLR is lagging the market slightly.
FSLR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 182.49. Right above this resistance zone may be a good entry point. 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
134.96
191.01
We found 6 important support areas.
- Support @173.07 from a horizontal line in the daily time frame.
- Support @151.69 from a trend line in the daily time frame.
- Support @149.06 from a trend line in the weekly time frame.
- Support @146.07 from a trend line in the daily time frame.
- A support zone ranging from 138.65 to 139.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @136.32 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 182.49 to 185.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @189.12 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.69
Mansfield-0.56
10 Day High188.32
10 Day Low167.01
20 Day High188.32
20 Day Low146.48
52 Week High232
52 Week Low129.22
Performance
1 Week-3.93%
2 Weeks6.77%
1 Month20.7%
3 Month21.99%
6 Month18.07%
12 Month-17.93%
2 Year143.75%
3 Year132.6%
5 Year189.31%
10 Year163.76%
15 Year-4.95%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)60.53
LBB163.41
UBB188.56
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 |
|---|---|---|---|
| 185.31 | 173.06 | 12.25 (6.61%) | 15.13% |
| An entry @185.31. This is a Buy Stop order right above the resistance zone. | An exit @173.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 12.25 points, which is 6.61%. | When investing 15.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
FIRST SOLAR INC
NASDAQ:FSLR (4/18/2024, 8:33:06 AM)
177.383
-0.63 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.35%
1 Week-3.93%
2 Weeks6.77%
1 Month20.7%
3 Month21.99%
6 Month18.07%
12 Month-17.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.25
ATR(20)%3.88%
ATR Inc
Range Today1.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High188.32
10 Day Low167.01
20 Day High188.32
20 Day Low146.48
52 Week High232
52 Week Low129.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume30.98K
Volume Incr6.97%
Vol(5)2.06M
Vol(50)2.19M