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Stock Trend Analysis Report
Prepared for you on Friday, April 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.
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MarketClub’s Trade Triangles for CSIQ
The long-term trend has been DOWN since Aug 2nd, 2023 at 34.76
The intermediate-term trend has been DOWN since Jan 8th, 2024 at 23.67
The short-term trend has been UP since Apr 23rd, 2024 at 15.08
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.81 | 15.51 | 14.70 | 15.16 | +0.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.50 | 1419758 | 2024-04-26 15:59:16 |
| Year High | 17.97 | Year High Date | 2018-05-21 |
| Year Low | 11.37 | Year Low Date | 2018-06-15 |
| 52wk High | 45.29 | 52wk High Date | 2023-05-30 |
| 52wk Low | 14.11 | 52wk Low Date | 2024-04-18 |
| Year End Close | 3.4 | Average Volume | 1,906,007 |
| Shares Outstanding | 59,820 | Short Interest | 2,039,539 |
| % Institutional | 25.7 | Market Cap | 1,256M |
| Assets | 114,002,300M | Liabilities | 890,622,800M |
| P/E Ratio | 2.8942 | Beta | 2.74 |
| Volatility | 57.01 |