Trading Signals: CSIQ Stock Price Prediction and Forecast

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Fri. Jul. 17, 2020

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

(Canadian Solar Inc.)
CSIQ latest price $23.4300 (2.76%) ($22.8100 - $23.5400) on Fri. Jul. 17, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.54% (three month average)
RSI   84
Latest Price   $23.4300(2.76%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   CSIQ advances 9.2% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support CSIQ advance at 0% a week (0% probability)
TAN(66%)    ICLN(65%)    ACES(59%)    IWO(48%)    IPO(45%)
Factors Impacting CSIQ price   CSIQ will decline at least -1.77% in a week (0% probabilities).
VIXM(-23%)    UUP(-12%)    VXX(-7%)    DRIV(-4%)    TBT(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.77% (StdDev 3.54%)
Hourly BBV 0 ()
Intraday Trend 1.7%

5 Day Moving Average   $23.36(0.3%)
10 Day Moving Average   $23.23(0.86%)
20 Day Moving Average   $21.15(10.78%)
To recent high   -1.9%
To recent low   47.6%
Market Cap   $16.622b

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 10.78% (three month std-dev: 3.54%) daily (68% of days).

Sample size 25 Average positive next day return: 2.26%(52%) Average negative next day return: -3.75%(48%) Sample size 25 Average positive next three day return: 5.22%(48%) Average negative next three day return: -6.74%(52%) Sample size 25 Average positive next weekly return: 6.86%(52%) Average negative next weekly return: -7.31%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200817

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_17_2020	18.2	21.15	23.23	23.36	23.34	23.12	23.43(2.76%)	UD	OpenLong	65	0	34	-70	-6	154	0.69	60%	0.17	66.4	3.54%	0	1	84	1.9
2	Jul_16_2020	18.17	20.87	22.92	23.35	23.44	23.47	22.8(-3.9%)	UD	OpenLong	65	-0.2	36	20	-8	166	0.83	60%	0.06	67.8	3.55%	0	0.8	74	1.5
3	Jul_15_2020	18.16	20.61	22.61	23.57	23.58	23.57	23.73(0.15%)	UT	HoldLong	65	0.1	50	-0	2	195	0.73	64%	0.11	67.9	3.52%	0	1.3	82	1.4
4	Jul_14_2020	18.14	20.32	22.18	23.56	23.59	23.41	23.69(2.33%)	UT	HoldLong	65	0.1	56	-50	4	210	1.03	64%	0.11	68.4	3.55%	0	1.5	83	0.9
5	Jul_13_2020	18.12	20.02	21.73	23.28	23.57	23.6	23.15(-1.07%)	UD	OpenLong	75	-0.1	58	50	6	215	0.94	64%	0	62.4	3.57%	0	1.4	84	0

6	Jul_10_2020	18.12	19.74	21.27	23.07	23.19	23.78	23.4(-2.03%)	UD	OpenLong	75	0.2	75	190	25	226	0.74	64%	-0.06	59.1	3.56%	0	1.7	82	1.2
7	Jul_9_2020	18.13	19.41	20.84	22.4	22.6	23.54	23.89(0.91%)	UT	HoldLong	65	0.7	88	320	45	217	1.77	64%	-0.06	47	3.58%	0	2.2	86	0.8
8	Jul_8_2020	18.14	19.11	20.3	21.49	21.59	22.6	23.67(6.19%)	UT	HoldLong	65	1.3	81	340	45	187	1.63	64%	0	37.7	3.58%	0	2.7	87	0.9
9	Jul_7_2020	18.14	18.86	19.75	20.61	20.64	21.66	22.29(0.86%)	UT	HoldLong	65	1.2	68	350	40	150	1.13	60%	0.28	31.7	3.54%	0	2.5	76	0.7
10	Jul_6_2020	18.09	18.73	19.28	19.95	19.92	20.58	22.1(10.28%)	UT	HoldLong	65	1.9	60	230	40	118	1.91	67%	-0.44	27.4	3.55%	0	3	76	1.1

11	Jul_2_2020	18.17	18.56	18.85	19.23	19.32	19.62	20.04(3.67%)	UT	OpenLong	75	1	29	120	13	75	0.89	59%	-0.22	15	3.52%	0	1.8	70	0.8
12	Jul_1_2020	18.21	18.51	18.62	19.05	19.04	19.26	19.33(0.31%)	UT	OpenLong	75	0.4	25	80	9	73	0.5	48%	-0.16	16.2	3.52%	0	1.1	72	0.6
13	Jun_30_2020	18.24	18.49	18.43	18.91	18.93	19.01	19.27(1.26%)	UT	OpenLong	75	0.5	21	30	9	57	0.48	48%	-0.11	10.7	3.63%	0	1	55	0.3
14	Jun_29_2020	18.26	18.44	18.31	18.75	18.76	18.82	19.03(3.06%)	UT	OpenLong	75	0.4	17	20	9	41	0.57	48%	-0.16	0.7	3.64%	0	0.8	49	-0.2
15	Jun_26_2020	18.29	18.42	18.18	18.49	18.6	18.84	18.47(-3.53%)	UD	OpenLong	75	-0	6	110	6	7	0.49	49%	-0.16	-5.8	3.95%	0	0.1	39	-0.9

16	Jun_25_2020	18.32	18.43	18.11	18.41	18.39	18.69	19.14(2.57%)	RB	SmallLong	20	1	9	110	13	-4	0.69	49%	-0.16	-8.5	4.22%	0	1	49	-0.3
17	Jun_24_2020	18.35	18.38	17.89	18.13	18.19	18.36	18.66(1.25%)	N/A	N/A	0	0.7	0	80	11	-33	0.73	53%	-0.11	-23.3	4.21%	0	0.4	46	-0.7
18	Jun_23_2020	18.37	18.41	17.85	17.88	17.98	18.08	18.43(3.77%)	DP	OpenShort	-65	0.7	-11	60	3	-52	0.61	53%	-0.16	-32.4	4.28%	0	0	46	-0
19	Jun_22_2020	18.4	18.43	17.9	17.81	17.87	18.02	17.76(-1.61%)	DT	HoldShort	-50	-0.1	-12	70	1	-52	0.39	53%	-0.11	-28.2	4.27%	0	-0.9	48	-0.2
20	Jun_19_2020	18.42	18.46	18.12	17.83	17.94	17.88	18.05(1.63%)	DP	OpenShort	-65	0.3	-6	-0	5	-40	0.87	53%	-0.11	-21.8	4.29%	0	-0.5	47	-0.8

21	Jun_18_2020	18.44	18.5	18.23	17.76	17.79	17.73	17.76(2.01%)	DP	OpenShort	-65	0	-10	-20	1	-42	0.45	48%	-0.16	-13.3	4.32%	0	-1	45	-0.7
22	Jun_17_2020	18.47	18.56	18.38	17.6	17.78	17.99	17.41(-3.65%)	DT	OpenShort	-75	-0.3	-13	110	-3	-42	0.55	54%	-0.22	-9.3	4.47%	0	-1.6	48	-0.9
23	Jun_16_2020	18.51	18.56	18.55	17.81	17.65	17.85	18.07(1.29%)	DP	OpenShort	-75	0.4	-11	50	-3	-34	0.69	45%	-0.11	8.3	4.66%	0	-0.8	44	-1
24	Jun_15_2020	18.53	18.65	18.59	18.01	17.8	17.56	17.84(0.56%)	DP	OpenShort	-75	-0.2	-16	-130	-11	-30	0.53	45%	-0.16	14.9	5.39%	0	-1.2	44	-1.3
25	Jun_12_2020	18.56	18.63	18.69	18.49	18.3	17.45	17.74(4.66%)	DP	OpenShort	-75	-1	-14	-360	-14	-14	0.89	42%		22.3	5.4%	0	-1.2	50	-1.4
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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