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Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Canadian Solar Inc. - Common Shares (NASDAQ:CSIQ)

Bull Market Weakness (+75) - CSIQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CSIQ as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CSIQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for CSIQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CSIQ
Open High Low CSIQ Price Change
21.8400 22.5300 21.7001 22.4500 +0.5700
Entry Signal

MarketClub’s Trade Triangles for CSIQ

long term down The long-term trend has been DOWN since Aug 2nd, 2023 at 34.76

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2023 at 22.22

short term up The short-term trend has been UP since Nov 29th, 2023 at 21.13

Smart Scan Analysis for CSIQ

Based on our trend formula, CSIQ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CSIQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.8400 22.5300 21.7001 22.4500 +0.5700
Prev. Close Volume Bid Ask Time
21.8800 627214 2023-12-04 11:39:28
Year High17.97Year High Date2018-05-21
Year Low11.37Year Low Date2018-06-15
52wk High45.2952wk High Date2023-05-30
52wk Low17.8252wk Low Date2023-11-14
Year End Close3.4Average Volume1,509,402
Shares Outstanding59,820Short Interest2,039,539
% Institutional25.7Market Cap1,256M
Assets111,986,500MLiabilities875,113,000M
P/E Ratio3.7659Beta2.74
Volatility57.01
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