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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for CSIQ
The long-term trend has been DOWN since Aug 2nd, 2023 at 34.760
The intermediate-term trend has been UP since Jul 11th, 2024 at 17.205
The short-term trend has been UP since Jul 24th, 2024 at 16.656
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.6500 | 17.2480 | 16.4901 | 17.1200 | +0.9200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.2000 | 1283385 | 2024-07-26 15:59:50 |
| Year High | 17.97 | Year High Date | 2018-05-21 |
| Year Low | 11.37 | Year Low Date | 2018-06-15 |
| 52wk High | 37.39 | 52wk High Date | 2023-07-31 |
| 52wk Low | 13.8 | 52wk Low Date | 2024-07-02 |
| Year End Close | 3.4 | Average Volume | 1,484,566 |
| Shares Outstanding | 59,820 | Short Interest | 2,039,539 |
| % Institutional | 25.7 | Market Cap | 1,256M |
| Assets | 123,667,700M | Liabilities | 983,673,200M |
| P/E Ratio | 5.6055 | Beta | 2.74 |
| Volatility | 57.01 |