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Canadian Solar Inc. (CSIQ) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Semiconductors
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017NoneDojiWed, 22 Nov 20171.21%
***Stock database and scans are updated around midnight (New York time) every trading day.
18.37 0.00 (0%) Nov 28 4:00pm EST
Open: 18.25 Range: 18.18 - 18.49 Vol: 756.59K Avg Vol: 1.16M
EPS: 0.42 P/E ratio: 41.73 EBITDA: 150.16M Mkt Cap: 1.02B
Analyze "CSIQ" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 18.18
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 18.03
Last Trade is above the 50 day moving average at 17.01
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 15.10
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of CSIQ

Stock Trend Analysis - Buy, Sell or Hold "Canadian Solar Inc." (CSIQ)?

CSIQ is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 58% of the time spent trading above the 200 day moving average. The 50 day moving average also indicates range bound trading but with a general bullish upside bias. Even the 20 day moving average is exhibiting similar bullish bias in a trading range. For adventurous traders, once a trading range is identified, a viable strategy is to short breakouts and buy breakdowns with the expectation CSIQ will return into the established trading range. However, a more conservative and higher probability trade is to still buy dips as the longer term trend is still up. A good place to accummulate longs is at the 200 SMA currently near 15.10. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "CSIQ".

The analyst consensus estimates for the 1 year price target for this stock is $16.97* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017
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