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(CSIQ) Canadian Solar complete technical analysis [charts+indicators] | Buy/Sell Canadian Solar | (CSIQ) share price targets

Complete technical analysis of Canadian Solar (CSIQ) by charts plus indicators, forecast predictions and share price targets for Canadian Solar (CSIQ)

Canadian Solar trades in USA in Technology sector.

10 day averaged volume of Canadian Solar is 2253591

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 19.64 19.67 20.45 19.07 0.604 times
30 Thu May 2024 19.65 19.92 19.92 19.26 0.639 times
29 Wed May 2024 19.53 18.68 19.91 18.55 0.952 times
28 Tue May 2024 19.07 18.49 19.32 17.97 1.097 times
23 Thu May 2024 17.66 18.10 18.15 17.25 0.814 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 20.2, for a target of 18.6 or 17.3

Share price targets for Canadian Solar (CSIQ)

Target Type Value
Downside Target 14.11
Downside Target 15.35
Downside Target 17.37
Downside Target 17.84
Downside Target 19.29
Upside Target 20.26
Upside Target 20.45
Upside Target 20.60
Upside Target 21.68
Upside Target 24.32
Upside Target 26.59

Intraday share price targets for Canadian Solar (CSIQ)

Target Type Value
Downside Intraday Target 18.26
Downside Intraday Target 16.87
Upside Intraday Target 20.74
Upside Intraday Target 21.83
Downside Intraday Target 19.35

Weekly technical analysis of Canadian Solar (CSIQ)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 19.64 18.49 20.45 17.97 0.816 times
23 Thu May 2024 17.66 15.66 18.27 15.35 0.692 times
17 Fri May 2024 15.76 15.81 18.05 15.71 0.95 times
10 Fri May 2024 15.70 16.90 18.10 15.39 1.972 times
03 Fri May 2024 16.79 15.48 17.37 15.48 0.814 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Canadian Solar (CSIQ)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 19.64 16.09 20.45 15.35 1.079 times
30 Tue Apr 2024 16.21 19.95 20.26 14.11 1.539 times
28 Thu Mar 2024 19.76 21.07 21.68 17.84 1.441 times
29 Thu Feb 2024 21.09 22.51 24.32 20.60 0.674 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Canadian Solar (CSIQ)

Indicator Name Indicator Value Indicator Signal
ADX 38, 12, 54 Buy
MACD 1, 0Buy
Stochastics 90Buy
CCI 99Buy
RSI 60Buy
OBV 3864712Sell
VWAP 18Buy
ADL 0Sell
ROC 17Buy
Force Index 0Sell

Price action analysis of Canadian Solar ( (CSIQ) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Canadian Solar ( (CSIQ) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Canadian Solar ( (CSIQ) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Canadian Solar ( (CSIQ) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Canadian Solar stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Canadian Solar in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Canadian Solar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Canadian Solar in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Canadian Solar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.63 and Canadian Solar (CSIQ) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Canadian Solar (CSIQ) stock. Volume based technical analysis of Canadian Solar (CSIQ) stock is negative.

Canadian Solar Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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