Trading Signals: CSIQ Stock Price Prediction and Forecast

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Mon. Mar. 4, 2019

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

(Canadian Solar Inc.)
CSIQ latest price $24.4300 (-2.24%) ($23.8600 - $25.2400) on Mon. Mar. 4, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.46% (three month average)
RSI   68
Latest Price   $24.4300(-2.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CSIQ advances 0.7% a day on average for past five trading days.
Weekly Trend   CSIQ advances 7.6% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support CSIQ advance at 0% a week (0% probability)
TAN(70%)    ICLN(67%)    ACES(61%)    IWO(53%)    LIT(50%)
Factors Impacting CSIQ price   CSIQ will decline at least -1.73% in a week (0% probabilities).
UUP(-15%)    VXX(-12%)    VIXM(-10%)    TLT(-8%)    XHB(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.73% (StdDev 3.46%)
Hourly BBV 0 ()
Intraday Trend -3.1%

5 Day Moving Average   $24.42(0.04%)
10 Day Moving Average   $23.67(3.21%)
20 Day Moving Average   $22.27(9.7%)
To recent high   -2.2%
To recent low   75.5%
Market Cap   $17.331b

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 7.54% (three month std-dev: 3.46%) daily (68% of days).

Sample size 24 Average positive next day return: 1.67%(46%) Average negative next day return: -2.13%(54%) Sample size 24 Average positive next three day return: 3.61%(50%) Average negative next three day return: -3.08%(50%) Sample size 24 Average positive next weekly return: 3.68%(58%) Average negative next weekly return: -4.9%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20190404

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	Mar_4_2019	17.35	22.27	23.67	24.42	24.54	24.9	24.43(-2.24%)	UD	OpenLong	75	0	39	120	7	135	0.69	65%	0.64	61.5	3.46%	0	1.3	68	1.2
2	Mar_1_2019	17.24	22.03	23.3	24.26	24.32	24.79	24.99(1.34%)	UT	OpenLong	75	0.4	44	140	14	134	1.21	65%	0.7	59.9	3.49%	0	1.8	75	1.8
3	Feb_28_2019	17.12	21.85	22.91	24.12	24.06	24.18	24.66(1.94%)	UT	OpenLong	75	0.4	49	30	19	139	0.8	65%	0.65	75.4	3.5%	0	1.8	74	0.8
4	Feb_27_2019	17.01	21.65	22.55	23.63	23.78	23.84	24.19(1.43%)	UT	OpenLong	75	0.4	42	40	16	120	0.57	67%	0.59	85.7	3.5%	0	1.8	69	0.9
5	Feb_26_2019	16.91	21.45	22.26	23.1	23.27	23.95	23.85(1.06%)	UT	OpenLong	75	0.6	39	230	15	109	0.74	67%	0.59	95.1	3.54%	0	1.9	73	1

6	Feb_25_2019	16.81	21.28	21.99	22.79	22.83	23.72	23.6(-2.96%)	UD	OpenLong	75	0.7	57	280	37	117	1.39	67%	0.6	108.8	3.54%	0	2	70	1.2
7	Feb_22_2019	16.71	21.07	21.69	22.18	22.19	22.58	24.32(9.65%)	UT	OpenLong	75	2	47	120	31	95	1.75	67%	0.6	106.8	3.51%	0	3.1	75	1.6
8	Feb_21_2019	16.61	20.76	21.28	21.54	21.57	21.95	22.18(2.92%)	UT	OpenLong	75	0.7	21	130	10	54	0.69	63%	0.48	100.9	3.35%	0	1.5	53	1.3
9	Feb_20_2019	16.53	20.52	21.15	21.33	21.38	21.8	21.55(-3.36%)	UD	OpenLong	75	0.2	21	140	13	46	1.45	63%	0.49	75.2	3.34%	0	0.9	54	1.6
10	Feb_19_2019	16.45	20.32	20.99	21.28	21.15	21.18	22.3(8.57%)	UT	OpenLong	75	0.8	16	-10	9	38	1.62	65%	0.61	64.1	3.3%	0	1.5	60	1

11	Feb_15_2019	16.35	20.11	20.75	21.09	21.13	20.97	20.54(-2.84%)	UD	OpenLong	65	-0.4	2	-50	-4	20	0.8	68%	0.37	61.8	3.17%	0	0.3	52	1.5
12	Feb_14_2019	16.29	20	20.68	21.1	21.25	21.11	21.14(0.14%)	UT	OpenLong	75	0	8	-20	2	24	0.61	68%	0.43	61.9	3.41%	0	0.8	64	1
13	Feb_13_2019	16.22	19.85	20.71	20.97	21.1	21.29	21.11(-1.03%)	UD	OpenLong	75	0.1	11	80	0	45	0.58	66%	0.43	62.4	3.41%	0	0.9	71	1.3
14	Feb_12_2019	16.15	19.7	20.68	20.94	21.02	21.39	21.33(0%)	UT	HoldLong	50	0.3	32	130	16	79	0.67	64%	0.44	65.4	3.45%	0	1.2	76	1.5
15	Feb_11_2019	16.08	19.52	20.6	20.63	20.97	20.91	21.33(3.69%)	UT	HoldLong	65	0.5	33	30	14	91	0.82	64%	0.44	62.6	3.48%	0	1.3	76	1.3

16	Feb_8_2019	16.01	19.33	20.51	20.36	20.61	20.66	20.57(0.19%)	UT	OpenLong	75	0.2	24	50	0	95	0.59	63%	0.31	62.9	3.46%	0	0.9	66	1.3
17	Feb_7_2019	15.96	19.19	20.41	20.2	20.48	21.03	20.53(-2%)	UD	OpenLong	75	0.2	26	230	1	101	0.83	65%	0.38	68.4	3.47%	0	1	65	1.1
18	Feb_6_2019	15.9	19.02	20.19	20.41	20.42	20.56	20.95(5.86%)	UT	OpenLong	75	0.4	36	50	9	117	2.2	63%	0.38	82.7	3.52%	0	1.4	67	1.7
19	Feb_5_2019	15.84	18.83	19.85	20.4	20.41	19.93	19.79(-0.9%)	UD	OpenLong	65	-0.4	19	-160	-11	108	0.48	60%	0.38	95	3.49%	0	0.7	64	1.8
20	Feb_4_2019	15.78	18.69	19.63	20.55	20.63	20.29	19.97(1.06%)	UD	OpenLong	65	-0.4	19	-100	-13	115	0.58	60%	0.32	105.7	3.51%	0	0.9	67	1.9

21	Feb_1_2019	15.73	18.51	19.44	20.67	20.82	20.88	19.76(-8.39%)	UD	OpenLong	75	-0.6	35	40	1	135	1.55	60%	0.32	113.6	3.51%	0	0.9	67	1.4
22	Jan_31_2019	15.68	18.29	19.29	20.62	20.67	20.97	21.57(3.26%)	UT	HoldLong	65	0.6	62	110	29	160	0.69	65%	0.45	107.1	3.32%	0	2.1	83	1.4
23	Jan_30_2019	15.61	17.93	18.93	19.93	20.1	20.75	20.89(1.51%)	UT	HoldLong	65	0.6	61	250	35	137	0.51	67%	0.45	95.4	3.31%	0	1.9	83	1.1
24	Jan_29_2019	15.54	17.61	18.64	19.22	19.36	20.37	20.58(0.24%)	UT	HoldLong	65	0.9	59	390	42	108	0.89	67%	0.39	89.5	3.38%	0	2	82	0.5
25	Jan_28_2019	15.48	17.3	18.33	18.56	18.51	19.46	20.53(5.23%)	UT	HoldLong	65	1.3	49	350	38	80	1.12	67%		72.7	3.38%	0	2.2	84	0.6
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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