| CSIQ latest price $39.8300 (3.64%) ($37.8700 - $39.8600) on Mon. Nov. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 62 |
Latest Price | $39.8300(3.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CSIQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | CSIQ advances 0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CSIQ advance at 0% a week (0% probability) ICLN(64%) TAN(64%) ACES(58%) IWO(49%) DRIV(46%) |
Factors Impacting CSIQ price | CSIQ will decline at least -2.265% in a week (0% probabilities). VIXM(-24%) UUP(-10%) VXX(-7%) TBT(-5%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.265% (StdDev 4.53%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
| |
|
|