Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Canadian Solar Inc.

CSIQ Technical Analysis Summary (NASDAQ)

Analyze CSIQ on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CSIQ●NASDAQ
EnergySolar
$10.82
$0.30(2.70%)
U.S. Market opens in 12h 29m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CSIQ Technical Analysis Summary (NASDAQ)

Canadian Solar Inc. (NASDAQ: CSIQ) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.67)
Trend Strength:Moderate (ADX: 29.83)
Volatility:High (ATR: 0.81)
Support/Resistance:$8.61 – $11.27 (Bollinger Bands)

Technical conditions suggest Canadian Solar Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Canadian Solar Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.67

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 67.53

Bullish
Buying momentum building without extremes.

Williams %R: -30.17

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 10.70

Strongly Bullish
Strong upside momentum.

Takeaway:Canadian Solar Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.18

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.83

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.81

Low
Low volatility, stable price action.

CCI (14): 104.00

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Canadian Solar Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.27
Middle Band (SMA 20)
$9.94
Lower Band
$8.61
Current Position
Within Bands

Takeaway:Canadian Solar Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$11.89
Middle Line (EMA 20)
$10.26
Lower Channel
$8.64
Squeeze Status
Squeeze On

Takeaway:Canadian Solar Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-25.18M
Money Flow Index51.56Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.53Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CSIQ shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Canadian Solar Inc. (NASDAQ: CSIQ), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Canadian Solar Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: CSIQ) Technical Analysis FAQ