Solar Industry Stocks($JKS, $SPWR, $FSLR...) Surge with Notable 7.41% Weekly Gainš„
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:
- First Solar (NASDAQ:FSLR)
- SolarEdge Technologies (NASDAQ:SEDG)
- Canadian Solar (NASDAQ:CSIQ)
- SunPower Corp (NASDAQ:SPWR)
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 in upward trend: price may jump up because it broke its lower Bollinger Band on June 02, 2025
JKS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 24 cases where JKS's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 71 cases where JKS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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.
The 10-day moving average for JKS crossed bullishly above the 50-day moving average on May 16, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JKS advanced for three days, in of 276 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 128 cases where JKS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for JKS moved out of overbought territory on May 15, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 18 similar instances where the indicator moved out of overbought territory. In of the 18 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on May 22, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on JKS as a result. In of 108 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for JKS turned negative on May 27, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 59 similar instances when the indicator turned negative. In of the 59 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
an operator of wind, solar and natural gas-fired power generation facilities
Industry AlternativePowerGeneration