- CSIQ has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $120.6 million.
- CSIQ has traded 720,244 shares today.
- CSIQ is trading at 4.24 times the normal volume for the stock at this time of day.
- CSIQ crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in CSIQ with the Ticky from Trade-Ideas. See the FREE profile for CSIQ NOW at Trade-Ideas More details on CSIQ: Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy. CSIQ has a PE ratio of 6. Currently there are 6 analysts that rate Canadian Solar a buy, no analysts rate it a sell, and none rate it a hold.