CSIQ Stock Canadian Solar (CSIQ, $9.23) Moving Average Convergence Divergence (MACD) Histogram turned negative on March 28, 2025
at Tickeron.com
CSIQ sees MACD Histogram crosses below signal line
CSIQ saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on March 28, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 45 instances where the indicator turned negative. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CSIQ as a result. In of 103 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
CSIQ moved below its 50-day moving average on February 28, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CSIQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CSIQ advanced for three days, in of 279 cases, the price rose further within the following month. The odds of a continued upward trend are .
