Trading Signals: CSIQ Stock Price Prediction and Forecast

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Thu. Sep. 10, 2020

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

(Canadian Solar Inc.)
CSIQ latest price $27.6750 (-10.64%) ($26.8000 - $29.5100) on Thu. Sep. 10, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.2% (three month average)
RSI   62
Latest Price   $27.6750(-10.64%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CSIQ declines -3.7% a day on average for past five trading days.
Weekly Trend   CSIQ advances 4.3% a week on average for past two weeks.
Market Behavior   Broad based 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(66%)    ICLN(65%)    ACES(59%)    IWO(49%)    IPO(46%)
Factors Impacting CSIQ price   CSIQ will decline at least -2.1% in a week (0% probabilities).
VIXM(-23%)    UUP(-11%)    VXX(-7%)    DRIV(-5%)    TBT(-4%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.1% (StdDev 4.2%)
Hourly BBV 0 ()
Intraday Trend -3.7%

Resistance Level   $28.94
5 Day Moving Average   $29.93(-7.53%)
10 Day Moving Average   $31(-10.73%)
20 Day Moving Average   $28.94(-4.37%)
To recent high   -18%
To recent low   63.3%
Market Cap   $19.633b

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 9.19% (three month std-dev: 4.2%) 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

> 20201010

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	Sep_10_2020	21.9	28.94	31	29.93	29.67	29.5	27.68(-10.64%)	N/A	N/A	0	-0.8	-13	-70	-33	48	8.25	63%	0.5	51.3	4.2%	0	-0.5	62	-0.6
2	Sep_9_2020	21.79	28.84	31.11	31.09	30.54	30.24	30.97(3.72%)	UD	OpenLong	65	-0	20	-120	-9	105	1.34	66%	0.69	64.9	3.99%	0	0.8	69	-0.4
3	Sep_8_2020	21.64	28.5	30.82	31.65	31.27	29.84	29.86(-1.45%)	UD	OpenLong	65	-0.6	11	-360	-27	123	1.44	66%	0.84	69.2	4.04%	0	0.5	66	-1.2
4	Sep_4_2020	21.46	28.24	30.59	32.17	32.16	30.84	30.3(-1.72%)	UD	OpenLong	65	-0.6	11	-290	-35	148	1.99	66%	0.66	77.1	4.04%	0	0.7	70	-1.6
5	Sep_3_2020	21.32	28	30.2	32.62	32.83	32.7	30.83(-7.94%)	UD	OpenLong	65	-0.6	45	-10	-1	184	2.44	66%	0.61	86.4	4.03%	0	0.9	73	-3.2

6	Sep_2_2020	21.19	27.64	29.72	32.18	32.63	33.48	33.49(-0.77%)	UD	OpenLong	75	0.4	75	220	35	193	1.78	71%	0.76	84.1	3.89%	0	1.9	81	-1.3
7	Sep_1_2020	21.03	27.14	29.01	31.09	31.27	32.96	33.75(3.88%)	UT	HoldLong	65	0.9	78	400	46	175	2.2	71%	0.81	82.2	3.9%	0	2.3	85	-1
8	Aug_31_2020	20.86	26.63	28.27	29.88	30.01	31.78	32.49(-0.09%)	UD	OpenLong	75	1	84	430	58	160	2.03	71%	0.58	79.6	3.89%	0	2.3	86	-0.6
9	Aug_28_2020	20.74	26.11	27.58	28.8	28.67	29.58	32.52(13.55%)	UT	HoldLong	65	1.6	71	210	50	132	4.84	68%	0.78	69.6	3.9%	0	2.8	82	0.5
10	Aug_27_2020	20.58	25.57	26.87	27.49	27.63	28.24	28.64(2.1%)	UT	OpenLong	75	0.6	39	170	23	88	1.61	63%	0.59	64.3	3.66%	0	1.7	67	0.5

11	Aug_26_2020	20.46	25.27	26.63	26.9	27.04	27.75	28.05(1.19%)	UT	OpenLong	75	0.7	36	200	20	84	2.45	63%	0.59	56.5	3.66%	0	1.6	72	1
12	Aug_25_2020	20.34	25	26.33	26.6	26.5	27.03	27.72(2.44%)	UT	OpenLong	75	0.7	32	130	15	81	1.49	63%	0.59	53.9	3.69%	0	1.6	70	1.3
13	Aug_24_2020	20.22	24.76	25.96	26.4	26.36	26.34	27.06(4.24%)	UT	OpenLong	75	0.4	26	-10	10	74	1.97	63%	0.6	54.9	3.71%	0	1.5	67	1.3
14	Aug_21_2020	20.1	24.62	25.71	26.18	26.28	25.97	25.96(1.05%)	UD	OpenLong	65	-0.2	15	-70	-5	74	0.94	61%	0.55	51.9	3.71%	0	0.9	71	1.4
15	Aug_20_2020	19.99	24.46	25.64	26.16	26.3	26.38	25.69(-3.38%)	UD	OpenLong	65	-0.3	19	40	-6	95	1.22	61%	0.55	50.1	3.72%	0	0.8	71	1.5

16	Aug_19_2020	19.88	24.33	25.45	26.3	26.32	26.59	26.59(-0.41%)	UD	OpenLong	75	0.2	40	70	14	119	1.44	64%	0.56	54.4	3.69%	0	1.6	72	1.5
17	Aug_18_2020	19.77	24.14	25.17	25.99	26.04	26.23	26.7(2.93%)	UT	OpenLong	75	0.5	42	60	17	116	2	64%	0.56	49.2	3.78%	0	1.9	71	1.8
18	Aug_17_2020	19.66	23.95	24.89	25.46	25.61	26.04	25.94(0.19%)	UT	OpenLong	75	0.4	34	140	12	101	1.25	64%	0.56	40.2	3.82%	0	1.6	67	1.9
19	Aug_14_2020	19.55	23.88	24.55	25.16	25.14	25.85	25.89(-1.86%)	UD	OpenLong	75	0.6	31	200	14	80	1.52	64%	0.46	43	3.82%	0	1.7	55	1.6
20	Aug_13_2020	19.46	23.75	24.18	25.05	24.82	25.17	26.38(5.39%)	UT	OpenLong	75	1.2	36	70	22	77	2.4	64%	0.57	43.7	3.82%	0	2.4	65	1.5

21	Aug_12_2020	19.35	23.56	23.79	24.49	24.76	24.42	25.03(4.12%)	UT	OpenLong	75	0.6	18	-60	7	50	1.81	62%	0.52	30.2	3.8%	0	1.7	60	1.6
22	Aug_11_2020	19.25	23.49	23.56	24.24	24.51	24.46	24.04(-1.72%)	UD	OpenLong	65	-0.2	3	20	-7	34	1.18	60%	0.52	24.4	3.8%	0	0.7	57	1.1
23	Aug_10_2020	19.15	23.47	23.45	24.23	24.42	25.09	24.46(-3.4%)	UD	OpenLong	75	0.3	25	220	19	44	1.79	60%	0.52	32.4	3.8%	0	1.2	57	1.7
24	Aug_7_2020	19.05	23.4	23.44	23.82	24.07	24.56	25.32(7.2%)	UT	OpenLong	75	1.9	32	170	32	32	4.18	60%	0.58	25.1	3.78%	0	2.4	51	1.6
25	Aug_6_2020	18.94	23.29	23.17	23.19	23.28	23.74	23.62(-0.63%)	N/A	N/A	0	0.6	6	150	10	-5	1.02	57%		25.3	3.69%	0	0.5	52	1.7
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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