Trading Signals: CSIQ Stock Price Prediction and Forecast

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Fri. Jul. 23, 2021

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

(Canadian Solar Inc.)
CSIQ latest price $39.0400 (-1.35%) ($39.0400 - $39.0400) on Fri. Jul. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.39% (three month average)
RSI   36
Latest Price   $39.0400(-1.35%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CSIQ advances 0.7% a day on average for past five trading days.
Weekly Trend   CSIQ declines -4.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support CSIQ advance at 0% a week (0% probability)
ICLN(61%)    TAN(58%)    ACES(53%)    IWO(48%)    LIT(47%)
Factors Impacting CSIQ price   CSIQ will decline at least -1.695% in a week (0% probabilities).
VIXM(-24%)    UUP(-11%)    VXX(-5%)    TBT(-3%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.695% (StdDev 3.39%)
Hourly BBV -0.7 ()
Intraday Trend 0%

Resistance Level   $41.32
5 Day Moving Average   $38.91(0.33%)
10 Day Moving Average   $39.51(-1.19%)
20 Day Moving Average   $41.32(-5.52%)
To recent high   -17%
To recent low   10.2%
Market Cap   $27.696b

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 6.39% (three month std-dev: 3.39%) 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

> 20210823

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	Jul_23_2021	41.66	41.32	39.51	38.91	39.29	39.45	39.04(-1.35%)	DT	OpenShort	-75	0	-18	60	0	-73	1.07	56%	-0.07	-2.8	3.39%	-0.7	-0.9	36	-0.2
2	Jul_22_2021	41.69	41.33	39.68	38.64	38.95	39.92	39.58(-1.01%)	DP	OpenShort	-65	0.4	-7	200	19	-83	0.92	56%	-0.1	-6.8	3.4%	0.4	-0.7	36	-0
3	Jul_21_2021	41.73	41.31	39.84	38.46	38.4	39.13	39.98(4.44%)	DP	OpenShort	-65	0.6	-9	130	21	-100	0.81	56%	-0.19	-7.4	3.4%	1.4	-0.5	34	0.7
4	Jul_20_2021	41.81	41.24	40.12	38.4	38.07	37.98	38.28(1.59%)	DP	OpenShort	-75	-0	-40	-40	-10	-129	0.72	54%	-0.26	-7.9	3.39%	1.3	-1.1	23	-0.5
5	Jul_19_2021	41.92	41.28	40.65	39.16	38.42	37.66	37.68(0%)	DT	HoldShort	-50	-0.5	-57	-200	-33	-130	1.21	54%	-0.24	-3.4	3.38%	-0.6	-1.3	28	-2.8

6	Jul_16_2021	42.02	41.39	41.21	40.23	39.52	38.17	37.68(-2.61%)	DT	OpenShort	-75	-0.9	-52	-290	-36	-99	0.83	54%	-0.19	6.2	3.4%	-1.3	-1.4	48	0.3
7	Jul_15_2021	42.1	41.39	41.82	40.84	40.87	39.19	38.69(-2.49%)	DT	OpenShort	-75	-0.8	-45	-290	-37	-69	1.32	54%	-0.24	12.5	3.41%	-1.3	-1.1	54	1
8	Jul_14_2021	42.2	41.51	42.45	41.37	41.38	40.87	39.68(-5.64%)	DT	OpenShort	-75	-0.6	-38	-90	-38	-36	1.7	54%	-0.17	17.1	3.4%	-1.8	-0.7	57	1.6
9	Jul_13_2021	42.27	41.46	43.18	42.05	41.8	42.55	42.05(-2.3%)	UD	OpenLong	75	0	10	110	3	30	1	58%	-0.14	22.3	3.34%	0.1	0.2	64	1.2
10	Jul_12_2021	42.33	41.37	43.51	42.4	42.06	41.89	43.04(5.65%)	UT	OpenLong	75	0.2	26	-50	11	71	1.46	58%	-0.24	30.4	3.32%	1.4	0.6	65	1.2

11	Jul_9_2021	42.43	41.23	43.28	42.41	42.24	41.05	40.74(-1.5%)	N/A	N/A	0	-0.6	-9	-210	-32	61	1.01	55%	-0.26	33.6	3.25%	-0.6	-0.2	57	1.1
12	Jul_8_2021	42.54	41.19	43.15	42.98	42.83	42.22	41.36(-3.99%)	N/A	N/A	0	-0.6	-6	-110	-33	74	1.51	55%	-0.35	42.6	3.27%	-1.1	0.1	58	-0.1
13	Jul_7_2021	42.69	41.06	42.95	43.68	43.38	43.43	43.08(-1.54%)	UD	OpenLong	65	-0.2	15	-10	-16	107	1.97	58%	-0.35	48.1	3.24%	-0.5	0.7	68	1
14	Jul_6_2021	42.84	40.87	42.49	44.47	43.84	43.45	43.76(1.46%)	UD	OpenLong	65	-0.3	26	-100	-10	133	1.21	58%	-0.4	55.7	3.27%	0.6	1.1	69	0.9
15	Jul_2_2021	43.01	40.57	41.98	44.81	44.65	43.34	43.13(-1%)	UD	OpenLong	65	-0.6	26	-220	-11	138	0.79	58%	-0.44	58.5	3.3%	-0.9	1	59	1.5

16	Jul_1_2021	43.2	40.34	41.61	44.25	45.24	44.23	43.56(-2.96%)	UD	OpenLong	65	-0.3	27	-90	-5	124	1.18	58%	-0.41	52.1	3.32%	-1.1	1.2	60	1.7
17	Jun_30_2021	43.38	40.07	41.19	43.28	44.42	45.97	44.89(-4.57%)	UD	OpenLong	75	0.6	49	320	28	113	1.48	63%	-0.37	38.6	3.3%	-0.7	1.9	64	1.5
18	Jun_29_2021	43.54	39.78	40.48	42.05	42.88	46.25	47.04(3.5%)	UT	OpenLong	75	2.2	97	610	94	104	3.91	67%	-0.27	30.6	3.42%	1.1	3.2	74	1.4
19	Jun_28_2021	43.66	39.4	39.54	40.25	40.81	42.88	45.45(12.79%)	UT	OpenLong	75	3.2	79	400	87	54	3.86	65%	-0.3	16.6	3.41%	1.6	3.8	69	1.7
20	Jun_25_2021	43.79	39.06	38.93	38.82	38.95	39.51	40.3(4.07%)	UT	OpenLong	75	1.8	16	110	21	1	2.07	60%	-0.41	-13.5	3.07%	1.3	1.5	62	2

21	Jun_24_2021	43.97	39.02	38.89	38.64	38.46	38.73	38.72(-0.05%)	DP	OpenShort	-65	0.1	-1	40	1	-7	2.03	53%	-0.48	-18.8	3.03%	0.6	-0.4	50	1.7
22	Jun_23_2021	44.18	39.12	39	38.79	38.62	38.39	38.74(1.87%)	UT	OpenLong	75	-0.1	5	-50	4	6	0.91	53%	-0.45	8.1	3.08%	1	-0.4	53	1.7
23	Jun_22_2021	44.38	39.1	38.99	38.63	38.8	38.18	38.03(-0.8%)	DT	OpenShort	-75	-0.7	-11	-100	-11	-9	1.11	57%	-0.4	11.8	3.08%	-0.9	-1.2	44	1.4
24	Jun_21_2021	44.56	39.13	39.12	38.66	38.78	38.85	38.34(-2.63%)	DT	OpenShort	-75	-0.4	-15	20	-15	-14	1.19	57%	-0.38	25.2	3.19%	-1.6	-0.9	43	0.6
25	Jun_18_2021	44.73	39.17	39.09	39.04	38.74	39.43	39.37(-0.28%)	N/A	N/A	0	0.4	5	100	7	-3	0.86	64%		50.5	3.27%	0.3	0.2	50	-0.2
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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