Trading Signals: CSIQ Stock Price Prediction and Forecast

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Wed. Feb. 24, 2016

Trading Signals: CSIQ Stock Price Prediction and Forecast (Mon. Dec. 21, 2015 - Fri. Dec. 22, 2023)

(Canadian Solar Inc.)
CSIQ latest price $21.8100 (6.81%) ($19.5100 - $21.8900) on Wed. Feb. 24, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.1% (three month average)
RSI   59
Latest Price   $21.8100(6.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CSIQ advances 2.6% a day on average for past five trading days.
Weekly Trend   CSIQ advances 4.9% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CSIQ advance at 0% a week (0% probability)
TAN(68%)    ICLN(63%)    IWO(49%)    IWC(46%)    IWM(46%)
Factors Impacting CSIQ price   CSIQ will decline at least -2.55% in a week (0% probabilities).
VIXM(-14%)    UUP(-12%)    TLT(-8%)    SHY(-1%)    IPO(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.55% (StdDev 5.1%)
Hourly BBV 0 ()
Intraday Trend 9%

5 Day Moving Average   $20.48(6.49%)
10 Day Moving Average   $19.16(13.83%)
20 Day Moving Average   $19.24(13.36%)
To recent high   -25.6%
To recent low   38.1%
Market Cap   $15.472b

Canadian Solar Inc. is a publicly traded company that manufactures solar PV modules and runs large scale solar projects. Founded in 2001 in Canada by Shawn Qu, Canadian Solar has subsidiaries in over 24 countries on 6 continents. They manufacture solar PV modules, are involved in supporting the installation of solar energy, and are involved in a number utility-scale power projects. With the company's acquisition of Recurrent Energy, Canadian Solar's total project pipeline reached 20.4 GW, including an increase in the late-stage project pipeline to 2.4 GW.

$. CSIQ price fluctuates within 7.48% (three month std-dev: 5.1%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160324

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Feb_24_2016	21.9	19.24	19.16	20.48	20.4	20.73	21.81(6.81%)	UT	OpenLong	75	0.9	26	100	13	63	2.72	46%	0	23.7	5.1%	0	1.8	59	0
2	Feb_23_2016	21.9	19.14	18.73	19.97	20.07	20.64	20.42(-2.76%)	UD	OpenLong	75	0.3	18	210	12	35	1.47	42%	-0.18	19.6	5.03%	0	1	54	0
3	Feb_22_2016	21.94	19.08	18.51	19.74	19.78	20.07	21(6.17%)	UT	OpenLong	75	1	27	110	28	22	2.24	42%	-0.09	17.5	5.08%	0	1.5	52	0
4	Feb_19_2016	21.96	19.01	18.51	18.82	19.31	19.49	19.78(1.91%)	N/A	N/A	0	0.8	12	140	22	-18	2.04	39%	-0.27	-3.7	5.03%	0	0.6	48	0
5	Feb_18_2016	22.02	18.97	18.31	18.03	18.5	19.48	19.41(0.88%)	N/A	N/A	0	1.1	2	450	17	-43	1.85	39%	-0.27	-27.2	5.07%	0	0.4	51	0

6	Feb_17_2016	22.08	18.91	18.31	17.62	17.72	19.13	19.24(-0.26%)	N/A	N/A	0	1.3	5	570	25	-57	3.04	39%	-0.36	-48.2	5.13%	0	0.3	48	0
7	Feb_16_2016	22.16	18.88	18.27	17.33	17.19	17.52	19.29(17.69%)	DP	OpenShort	-65	1.6	-6	110	17	-74	4.63	39%	-0.31	-67	5.2%	0	0.3	47	0
8	Feb_12_2016	22.23	18.86	18.35	17.14	16.95	16.31	16.39(3.77%)	DP	OpenShort	-75	-0.6	-48	-300	-27	-112	2.28	24%	-0.76	-86.8	4.23%	0	-2	36	0
9	Feb_11_2016	22.4	19.06	18.73	17.75	17.54	16.85	15.8(-9.17%)	DT	OpenShort	-75	-1.7	-51	-310	-37	-93	3.64	24%	-0.84	-92.2	4.2%	0	-2.9	30	0
10	Feb_10_2016	22.59	19.31	19.12	18.62	18.39	17.59	17.39(-2.14%)	DT	OpenShort	-75	-1.4	-30	-340	-22	-53	2.57	28%	-0.66	-124.1	4.05%	0	-2.2	44	0

11	Feb_9_2016	22.74	19.53	19.38	18.98	18.97	18.23	17.77(-3.27%)	DT	OpenShort	-75	-1.3	-24	-270	-23	-27	2.58	28%	-0.66	-136.7	4.1%	0	-1.9	52	0
12	Feb_8_2016	22.89	19.75	19.64	19.32	19.34	19.19	18.37(-5.5%)	DT	OpenShort	-75	-0.9	-14	-50	-18	-1	2.19	28%	-0.61	-139.5	4.15%	0	-1.4	51	0
13	Feb_5_2016	23.03	20	19.76	19.72	19.61	19.71	19.44(-3.38%)	UD	OpenLong	65	-0.2	5	20	-2	26	1.94	30%	-0.52	-123	4.15%	0	-0.4	56	0
14	Feb_4_2016	23.15	20.16	19.81	19.87	19.72	19.71	20.12(4.85%)	UT	OpenLong	75	0.2	11	-100	3	33	2.06	30%	-0.43	-124.8	4.2%	0	-0	49	0
15	Feb_3_2016	23.25	20.48	19.7	19.72	19.74	19.5	19.19(-1.39%)	N/A	N/A	0	-0.3	-5	-80	-10	12	2.28	24%	-0.6	-89	4.12%	0	-0.6	42	0

16	Feb_2_2016	23.39	20.87	19.62	19.86	19.9	19.94	19.46(-4.65%)	DT	OpenShort	-75	-0.2	-5	20	-5	-5	1.56	24%	-0.59	-75.2	4.19%	0	-0.6	38	0
17	Feb_1_2016	23.53	21.27	19.56	20	20	19.99	20.41(1.19%)	N/A	N/A	0	0.1	1	-0	7	-18	1.59	26%	-0.47	-66.5	4.22%	0	-0.3	39	0
18	Jan_29_2016	23.64	21.66	19.39	19.79	19.9	19.86	20.17(4.08%)	DP	OpenShort	-75	0.1	-15	0	-1	-58	1.61	26%	-0.59	-67.4	4.27%	0	-0.5	33	0
19	Jan_28_2016	23.78	22.06	19.38	19.75	19.88	20	19.38(-2.47%)	DT	HoldShort	-50	-0.1	-18	60	2	-77	1.99	26%	-0.71	-59.4	4.22%	0	-0.8	32	0
20	Jan_27_2016	23.95	22.52	19.5	19.68	19.92	19.95	19.87(-1.44%)	DP	OpenShort	-65	0.1	-18	50	13	-112	2.5	26%	-0.7	-56.1	4.3%	0	-0.7	24	0

21	Jan_26_2016	24.12	22.97	19.65	19.33	19.58	19.75	20.16(3.97%)	DP	OpenShort	-65	0.2	-32	100	8	-153	1.92	26%	-0.7	0	4.4%	0	-0.7	24	0
22	Jan_25_2016	24.29	23.42	19.84	19.05	19.07	19.9	19.39(-2.86%)	DP	OpenShort	-65	0.1	-41	310	9	-192	1.87	26%	-0.94	0	4.34%	0	-1	19	0
23	Jan_22_2016	24.52	23.89	20.22	18.93	18.98	19.4	19.96(4.89%)	DP	OpenShort	-65	0.3	-43	160	14	-214	3.04	26%	-0.85	0	4.43%	0	-1	18	0
24	Jan_21_2016	24.73	24.29	20.5	18.99	18.64	18.25	19.03(5.08%)	DP	OpenShort	-75	0	-75	-200	-14	-256	2.69	18%	-1.16	0	4.29%	0	-1.3	14	0
25	Jan_20_2016	25.02	24.78	21.28	19.31	18.98	18.56	18.11(-3.36%)	DT	HoldShort	-65	-0.3	-90	-210	-30	-270	3.66	9%		0	4.09%	0	-1.6	7	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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