|Day Low/High||14.26 / 14.93|
|52 Wk Low/High||13.56 / 29.83|
In trading on Friday, shares of Canadian Solar Inc crossed above their 200 day moving average of $14.01, changing hands as high as $14.29 per share. Canadian Solar Inc shares are currently trading up about 5.3% on the day.
The company's fourth quarter U.S. residential solar deployments grew 13% year-over-year, a promising sign by analysts' accounts.
These stocks can rally, but without much of a base pattern, I cannot get too excited about the upside right now.
Trump won't hurt renewable energy as much as Wall Street thinks, which makes these two small-cap solar stocks well-timed value plays.
Investors in Canadian Solar Inc saw new options become available this week, for the July 2017 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 235 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
In the week ahead, the markets are likely to pull back as the long-term dangers of Trump's victory start to sink in.
Tuesday's U.S. presidential election supersedes all investment factors and poses serious risks to your portfolio. Here's what to do.
2nd Edition of Innovation and Technology Award Solar Brazil Recognizes the Leading Players in the Sector
If the polls are right and Hillary Clinton wins the White House, these five stocks stand to get an immediate and long-lasting boost.