Stock Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
FIRST SOLAR INC (NASDAQ:FSLR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FSLR
The long term trend has been DOWN since Jun 4th, 2018 at 61.1400
The intermediate term trend has been DOWN since May 1st, 2018 at 69.1210
The short term trend has been UP since Jun 21st, 2018 at 52.8525
Smart Scan Analysis for FSLR
Based on a pre-defined weighted trend formula for chart analysis, FSLR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||81.72||Year High Date||2018-04-27|
|Year Low||50.23||Year Low Date||2018-06-15|
|52wk High||81.72||52wk High Date||2018-04-27|
|52wk Low||37.22||52wk Low Date||2017-06-22|
|Year End Close||30.8556||Average Volume||4,165,115|
|Shares Outstanding||87,028||Short Interest||18,301,576|