| CSIQ latest price $31.7100 (-1.37%) ($31.7100 - $31.8800) on Thu. Jan. 5, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 36 |
Latest Price | $31.7100(-1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CSIQ advances 1.5% 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 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) IWC(36%) IWO(33%) IWM(32%) IPO(30%) IVE(30%) |
Factors Impacting CSIQ price | CSIQ will decline at least -1.625% in a week (0% probabilities). SHY(-17%) EDOC(-13%) XLV(-12%) XBI(-12%) GLD(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.625% (StdDev 3.25%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
| |
|
|