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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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

Long-Term Downtrend (-90) - CSIQ is in a strong downtrend that is likely to continue. While CSIQ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
14.550 15.020 14.190 14.985 +0.575
Entry Signal

MarketClub’s Trade Triangles for CSIQ

long term down The long-term trend has been DOWN since Aug 2nd, 2023 at 34.760

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2024 at 23.670

short term down The short-term trend has been DOWN since Apr 3rd, 2024 at 18.885

Smart Scan Analysis for CSIQ

Based on our trend formula, CSIQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CSIQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.550 15.020 14.190 14.985 +0.575
Prev. Close Volume Bid Ask Time
14.970 1834600 2024-04-22 15:59:44
Year High17.97Year High Date2018-05-21
Year Low11.37Year Low Date2018-06-15
52wk High45.2952wk High Date2023-05-30
52wk Low14.1152wk Low Date2024-04-18
Year End Close3.4Average Volume1,828,515
Shares Outstanding59,820Short Interest2,039,539
% Institutional25.7Market Cap1,256M
Assets114,002,300MLiabilities890,622,800M
P/E Ratio2.8763Beta2.74
Volatility57.01
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