Trading Signals: CSIQ Stock Price Prediction and Forecast

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Thu. Apr. 15, 2021

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

(Canadian Solar Inc.)
CSIQ latest price $42.6750 (0.44%) ($42.6750 - $42.6750) on Thu. Apr. 15, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.47% (three month average)
RSI   48
Latest Price   $42.6750(0.44%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CSIQ declines -1% a day on average for past five trading days.
Weekly Trend   CSIQ declines -4.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CSIQ advance at 0% a week (0% probability)
ICLN(61%)    TAN(60%)    ACES(54%)    IWO(48%)    IPO(46%)
Factors Impacting CSIQ price   CSIQ will decline at least -2.235% in a week (0% probabilities).
VIXM(-25%)    UUP(-11%)    VXX(-6%)    IGOV(-6%)    TBT(-5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.235% (StdDev 4.47%)
Hourly BBV 0.2 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $34.52(-19.11%)
Inflection Point   Yes
Resistance Level   $45.6
5 Day Moving Average   $43.04(-0.85%)
10 Day Moving Average   $44.71(-4.55%)
20 Day Moving Average   $45.6(-6.41%)
To recent high   -33.6%
To recent low   7.2%
Market Cap   $30.274b

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 4.82% (three month std-dev: 4.47%) daily (68% of days).

Sample size 7 Average positive next day return: 1.49%(71%) Average negative next day return: -0.82%(29%) Sample size 7 Average positive next three day return: 2.2%(43%) Average negative next three day return: -0.88%(57%) Sample size 7 Average positive next weekly return: 3.27%(57%) Average negative next weekly return: -8.13%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210515

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	Apr_15_2021	49.16	45.6	44.71	43.04	42.97	42.58	42.68(0.44%)	DP	OpenShort	-75	-0.2	-24	-70	-10	-64	1.74	58%	0	-19.5	4.47%	0.2	-1.3	48	1.8
2	Apr_14_2021	49.16	45.57	45.39	43.46	43.13	42.98	42.49(-2.23%)	DT	OpenShort	-75	-0.4	-22	-50	-14	-47	1.92	58%	0.04	-17.7	4.57%	0.2	-1.3	46	1.4
3	Apr_13_2021	49.14	45.62	46.05	44.11	43.7	43.37	43.46(0.49%)	DP	OpenShort	-75	-0.3	-16	-80	-11	-32	1.47	58%	0.08	-12.6	4.57%	0.3	-0.9	42	1.7
4	Apr_12_2021	49.1	45.7	46.26	44.94	44.27	43.29	43.25(-0.12%)	DT	OpenShort	-75	-0.7	-24	-200	-21	-32	2.14	58%	0.1	7.1	4.58%	-0.3	-1.1	39	1.8
5	Apr_9_2021	49.05	45.86	46.63	45.57	45.36	44.04	43.3(-3.31%)	DT	OpenShort	-75	-1	-27	-220	-28	-24	2.32	58%	0.12	27.1	4.55%	-1.2	-1.2	47	1.5

6	Apr_8_2021	48.99	46.04	46.81	46.62	46.14	45.26	44.78(-2.1%)	DT	OpenShort	-75	-0.9	-25	-160	-31	-6	1.35	58%	0.12	54.4	4.57%	-1.3	-0.6	56	1.5
7	Apr_7_2021	48.93	45.99	46.88	47.61	47.08	46.68	45.74(-3.95%)	N/A	N/A	0	-0.9	-5	-90	-16	27	1.68	58%	0.14	67	4.56%	-0.9	-0.1	62	1.4
8	Apr_6_2021	48.86	45.91	47.05	48.27	48.08	47.02	47.62(2.59%)	UD	OpenLong	65	-0.3	12	-170	-3	56	1.57	60%	0.18	66.7	4.57%	0	0.8	62	1.2
9	Apr_5_2021	48.77	45.54	47.12	47.78	48.43	47.49	46.42(-4.39%)	UD	OpenLong	65	-0.5	1	-100	-16	53	2.07	58%	0.37	35.5	4.68%	-1.2	0.3	54	1.3
10	Apr_1_2021	48.59	45.27	47.08	47.82	48.12	49.14	48.55(-2.37%)	UD	OpenLong	75	0.3	22	170	8	64	1.16	58%	0.16	22.3	4.66%	-0.5	1.2	55	1.3

11	Mar_31_2021	48.51	44.91	46.57	47	47.63	49.38	49.73(1.43%)	UT	OpenLong	75	1	45	300	41	56	1.36	58%	0.23	7.3	4.68%	1.2	1.8	55	1.2
12	Mar_30_2021	48.4	44.57	45.73	46.07	46.32	47.1	49.03(8.55%)	UT	OpenLong	75	1.2	25	130	23	29	1.85	58%	0.23	-11.5	4.68%	1.7	1.7	61	1.2
13	Mar_29_2021	48.29	44.47	45.09	45.72	45.33	45.89	45.17(-3.08%)	N/A	N/A	0	-0.2	-2	60	-6	9	1.12	56%	0.1	-12.5	4.56%	-0.1	0.3	54	1
14	Mar_26_2021	48.24	44.66	45.05	46.41	45.86	45.53	46.61(4.82%)	UT	OpenLong	75	0.1	15	-90	6	40	2.03	56%	0.15	-2.5	4.54%	0.8	0.7	65	1.4
15	Mar_25_2021	48.17	44.65	44.97	46.26	46.37	44.78	44.46(-1.4%)	N/A	N/A	0	-0.7	0	-230	-15	46	3.13	54%	0.19	-14.1	4.53%	-0.7	-0.1	60	1.1

16	Mar_24_2021	48.08	44.71	45.19	46	46.7	46.19	45.09(-4.63%)	UD	OpenLong	65	-0.3	8	-30	-9	59	1.82	54%	0.19	-26.2	4.57%	-2.2	0.1	59	1
17	Mar_23_2021	47.99	44.87	45.04	45.23	46.23	47.96	47.28(-2.79%)	UD	OpenLong	75	0.7	36	330	27	62	1.8	56%	0.23	-44.7	4.53%	-0.1	0.9	58	1.1
18	Mar_22_2021	47.88	44.8	44.68	44.31	44.72	47.22	48.64(6.17%)	UT	OpenLong	75	1.5	47	420	48	45	2.58	60%	0.25	-70.4	4.52%	1.4	1.4	50	1.9
19	Mar_19_2021	47.76	44.73	43.8	43.54	43.23	44.5	45.81(6.07%)	N/A	N/A	0	0.7	18	180	25	-3	3.53	60%	0.19	-84.9	4.69%	1.2	0.3	43	1.6
20	Mar_18_2021	47.67	45.03	43.28	43.61	42.98	42.22	43.19(4.7%)	DP	OpenShort	-75	-0.1	-15	-170	-9	-32	4.16	60%	0.1	-87.1	4.67%	0.6	-0.5	44	1.2

21	Mar_17_2021	47.62	45.44	43.12	44.32	43.77	41.96	41.25(-3.33%)	DT	OpenShort	-75	-0.8	-34	-330	-31	-42	3.4	59%	0.08	-79.8	4.76%	-0.8	-1	44	2.1
22	Mar_16_2021	47.58	46.14	43.35	44.75	45.14	43.74	42.67(-4.75%)	DT	OpenShort	-75	-0.4	-29	-190	-23	-45	1.97	59%	0.08	-72.9	4.75%	-1.7	-0.7	41	1.9
23	Mar_15_2021	47.54	46.86	43.84	45	45.32	45.58	44.8(-2.93%)	DP	OpenShort	-65	-0	-7	60	1	-29	1.85	64%	0.08	-73.5	4.72%	-1.3	-0.4	49	2.4
24	Mar_12_2021	47.5	47.59	44.25	44.01	45.11	46.55	46.15(-1.28%)	N/A	N/A	0	0.4	21	300	36	-25	1.36	64%	0.15	-65.8	4.87%	0.6	-0.3	47	1.8
25	Mar_11_2021	47.43	48.28	44.27	42.88	43.47	45.07	46.75(7.74%)	N/A	N/A	0	0.6	12	300	34	-56	1.65	64%		-61.3	4.91%	1.4	-0.2	41	1.5
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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