Canadian Solar Inc. (CSIQ)

Canadian Solar Inc. is trading at $9.26, down 0.96% on the session. The 50 day average sits at $12.01 and the 200 day at $15.61, which puts the stock in a downtrend. RSI is at 28.7, which reads as oversold, and MACD is bearish crossover. Volume is average.

The nearest support is around $8.79 with resistance near $11.75, so that band frames the current range. Average daily movement is roughly $0.62, or about 6.7% of the share price, which is what any stop placement has to allow for. The overall health score of 22 out of 100 combines a trend score of 0, momentum of 28 and a risk score of 48.

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. It operates through two segments, Manufacturing and Recurrent Energy. The Manufacturing Segment focuses on manufacturing and selling solar, battery energy storage and other power technology products, and CSI Solar. It also offers standard solar modules, battery storage solutions, solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction services, as well as operates battery energy storage projects. The Recurrent Energy Segment develops, builds, sells, and operates solar power and battery energy storage projects; operates solar power plants; and sells electricity and other services. This segment also provides power operation and maintenance services, including monitor, inspects, repair, and replace of plant equipment, and site management and administrative support services for solar projects, as well as asset management services. The company offers power plant level, commercial, household products, inverter, photovoltaic modules; and sells electricity and smart energy. It serves distributors, system integrators, project developers, installers, and EPC companies, as well as caters to utility companies, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial, or government end users primarily under its Canadian Solar brand name. The company sells its products under CSI, CS PowerTech, CSI Solar, Recurrent Energy, e-STORAGE, SolBank, KuBank, and EP Cube brand names. Canadian Solar Inc. was incorporated in 2001 and is based in Kitchener, Canada.