TMCnet News

Canadian Solar Has Returned 129.2% Since SmarTrend Recommendation (CSIQ)
[May 20, 2013]

Canadian Solar Has Returned 129.2% Since SmarTrend Recommendation (CSIQ)


May 20, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Canadian Solar (NASDAQ:CSIQ) on April 9th, 2013 at $4.01. In approximately 1 month, Canadian Solar has returned 129.21% as of today's recent price of $9.18.

In the past 52 weeks, Canadian Solar share prices have been bracketed by a low of $1.95 and a high of $9.22 and are now at $9.18, 371% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 3.1% while the 50-day MA has advanced 8.7%.

Canadian Solar Inc. designs, manufactures, and sells solar module products that convert sunlight into electricity for a variety of uses. The Company's products include a range of standard solar modules for use in a wide range of residential, commercial, and industrial solar power generation systems.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Canadian Solar shares.Log in and add Canadian Solar (CSIQ) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To TMCnet.com's Homepage ]