tickeron

CSIQ, 50-day MA moved above its 200-day MA on July 13, 2020

Long
NASDAQ:CSIQ   Canadian Solar Inc.
Tickeron AI shows that the price moved above its 50-day Moving Average, which indicates a change from a Downtrend to an Uptrend. In 35 of 48 similar backtested cases where CSIQ's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 73%.

CSIQ enters an Uptrend because Momentum Indicator exceeded the 0 level on June 24, 2020
This indicator signals that CSIQ's price has momentum to move higher, since its current price moved above its price 14 days ago. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that in 77 of 92 cases where CSIQ's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 84%
Current price $23.69 is above $23.60 the highest resistance line found by Tickeron A.I. Throughout the month of 06/10/20 - 07/13/20, the price experienced a +40% Uptrend. During the week of 07/06/20 - 07/13/20, the stock enjoyed a +6% Uptrend growth.

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