As concerns about climate change intensify, renewable energy is taking a larger slice of the global energy pie. Solar energy, in particular, has made significant strides thanks to technological advancements. The Solar Energy Industries Association has noted substantial growth in solar installations and forecasts continued progress. The solar sector offers a broad spectrum of investment opportunities: from equipment manufacturers to solar system installers, and from power producers to sellers. Firms like Tesla and Panasonic, although not primary solar companies, have ventured into solar panel manufacturing. Meanwhile, First Solar stands out in this capital-intensive industry, and Pattern Energy has seen its size triple since its 2013 IPO. With expectations that solar will eventually contribute to nearly half of the US's energy needs, this sector offers vast potential for forward-looking investors.
Tickers in Industry - $JKS, $SPWR, $FSLR, $SOL, $CSIQ, $NEP, $RUN, $SEDG, $CWEN
Swing Trader, Long Only: Valuation & Efficiency Model (TA&FA) -Ā Annualized Return + 33%
Notable Companies
Pioneers leading the charge in this industry include:
Market Cap
Companies in this sector vary significantly in terms of market capitalization. On average, the capitalization stands at 3.9B, with the spectrum ranging from a mere 210.8M (MUX) to a whopping 16.2B (FSLR).
High and Low Price Notable News
This week witnessed an average price growth of 5.25% across all stocks in the group. On the brighter side, Clearway Energy (CWEN) led the charge with a +14.02% surge, while Sunrun (RUN) and SunPower (SPWR) followed suit with gains of +11.91% and +6.12%, respectively.
Volume
In terms of volume, the past week saw an average growth of 10.49% across all stocks in the sector. NextEra Energy Partners made headlines on 9/30/23 with a record-breaking daily growth, an impressive 615% jump above its 65-Day Volume Moving Average.
Fundamental Analysis Ratings
While a deeper dive is needed for a comprehensive view, it's worth noting that the average fundamental analysis ratings for companies in this sector range from 1 (best) to 100 (worst).
As the global shift towards renewable energy continues, the solar industry is poised for significant growth, offering numerous opportunities for investors keen on harnessing the sun's potential.
SOLĀ -Ā SOL's stock trajectory has taken a bearish turn, witnessing a drop for three consecutive days as of October 05, 2023. Historical trends show that when SOL has faced a three-day decline, it continued to slide further in 266 out of 314 instances over the following month. The probability of this downtrend persisting stands at 85%.
CSIQĀ -Ā On October 02, 2023, CSIQ's price breached its lower Bollinger Band, indicating a potential upward shift. Historically, when CSIQ moved past its lower Bollinger Band, it showed a tendency to rebound toward the middle band. From past observations, in 30 out of 36 such instances, the stock experienced further gains in the subsequent month. Given this, there's an 83% likelihood of the stock maintaining its upward momentum. Traders might look into purchasing the stock or considering call options.
NEPĀ -Ā On October 04, 2023, NEP's Aroon Indicator signaled a potential downward shift, as evidenced by the AroonDown red line surpassing 70, while the AroonUp green line remained below 30 for three consecutive days. Such a pattern suggests that NEP might face a significant decline in the coming period. Given this bearish sign, traders could contemplate either offloading the stock or acquiring put options. Based on historical analysis from A.I.dvisor, out of 155 similar Aroon patterns, the stock declined in 99 instances, suggesting a 64% probability of a continued downtrend.
JKS's Aroon Indicator triggered a bullish signal on July 02, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 137 similar instances where the Aroon Indicator showed a similar pattern. In of the 137 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on June 06, 2025. You may want to consider a long position or call options on JKS as a result. In of 107 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for JKS just turned positive on June 09, 2025. Looking at past instances where JKS's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .
JKS moved above its 50-day moving average on June 03, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where JKS advanced for three days, in of 275 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JKS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
JKS broke above its upper Bollinger Band on July 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows