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Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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

Bear Market Rally (-75) - CSIQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CSIQ as it may be in the beginning 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
17.81 17.97 17.01 17.03 -1.04
Entry Signal

MarketClub’s Trade Triangles for CSIQ

long term down The long-term trend has been DOWN since Aug 2nd, 2023 at 34.7600

intermediate term up The intermediate-term trend has been UP since May 22nd, 2024 at 18.1000

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 17.1001

Smart Scan Analysis for CSIQ

Based on our trend formula, CSIQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CSIQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.81 17.97 17.01 17.03 -1.04
Prev. Close Volume Bid Ask Time
17.04 900377 2024-06-14 15:59:59
Year High17.97Year High Date2018-05-21
Year Low11.37Year Low Date2018-06-15
52wk High41.50552wk High Date2023-06-16
52wk Low14.1152wk Low Date2024-04-18
Year End Close3.4Average Volume1,763,397
Shares Outstanding59,820Short Interest2,039,539
% Institutional25.7Market Cap1,256M
Assets123,667,700MLiabilities983,673,200M
P/E Ratio6.2526Beta2.74
Volatility57.01
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