Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Countertrend Down (-85) - CSIQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
11.630 11.750 11.390 11.485 -0.325
Entry Signal

MarketClub’s Trade Triangles for CSIQ

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 11.41

intermediate term down The intermediate-term trend has been DOWN since Dec 17th, 2024 at 11.27

short term up The short-term trend has been UP since Dec 24th, 2024 at 11.74

Smart Scan Analysis for CSIQ

Based on our trend formula, CSIQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CSIQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.630 11.750 11.390 11.485 -0.325
Prev. Close Volume Bid Ask Time
11.810 755254 2024-12-26 14:17:18
Year High17.97Year High Date2018-05-21
Year Low11.37Year Low Date2018-06-15
52wk High26.8552wk High Date2023-12-28
52wk Low10.595552wk Low Date2024-12-20
Year End Close3.4Average Volume1,959,655
Shares Outstanding59,820Short Interest2,039,539
% Institutional25.7Market Cap1,256M
Assets121,369,370MLiabilities948,050,500M
P/E Ratio21.2029Beta2.74
Volatility57.01
Get a free daily analysis and signals for Canadian Solar Inc. - Common Shares (CSIQ) - Request Your Free Report.