FSLR Stock Forecast & First Solar Chart Analysis
This article provides a detailed analysis of FSLR-First Solar stock including a forecast for FSLR shares. It features First Solar, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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FSLR Historical Data Review
FSLR Current Price Performance Analysis
The First Solar - FSLR stock traded on the American stock market, on 06-05-2024, closed at 273.06$ with a %2.59 increased compared to the previous day.
In the last month, the price of FSLR changed by %40.89 increased in value, from 193.81 dollars on 05-06-2024 to 273.06 dollars, increased.
Last year, the price of FSLR was 196.82 dollars on 06-06-2023, and changed by %38.74 increased in value, to 273.06 dollars increased within a year.
The price of First Solar stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
FSLR with AI Stock Forecast & Price Target
On the FSLR chart First Solar price was recorded as 273.06 Dollars on 06/05/2024.
The artificial intelligence's forecast on FSLR stock is as follows.
The artificial intelligence's prediction error margin for FSLR stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for First Solar stock over the next 4 months is: 238.1 Dollars.
The commentary on FSLR stock Target Price: Highest: 282.69 Dollars is predicted.
The commentary on FSLR stock Target Price: Lowest: 188.352 Dollars is predicted.
Resistance Price where First Solar stock will Rise and Fall:
Date | Price Prediction |
---|---|
09-13-2024 | 282.690 |
10-28-2024 | 265.432 |
12-27-2024 | 253.385 |
Support Price where First Solar stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-05-2024 | 217.939 |
10-18-2024 | 263.180 |
12-02-2024 | 241.413 |
03-27-2025 | 188.352 |
The commentary on FSLR stock: The target price can generally be said to be on the decline.
The commentary on FSLR stock: Fluctuations in the target price can be expected in the coming days.
The target price for First Solar stock by the end of 2024 is predicted to be 253.385 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on FSLR stock, and the 2024 target price predictions for First Solar are detailed above.
The technical analysis and charts for the commentary on FSLR stock are below.
FSLR Support & Resistance and Trend Analysis
FSLR stock you have reviewed the technical analysis support resistance charts regarding.
FSLR : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the FSLR review, the First Solar support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
First Solar Support and Resistance Prices:
FSLR Support Level Price | FSLR Resistance Level Price |
---|---|
129.22 | 159.23 |
135.88 | 163.43 |
137.17 | 165.71 |
138.83 | 168.71 |
141.70 | 169.21 |
142.48 | 177.89 |
145.77 | 188.32 |
161.55 | 253.99 |
170.25 | 286.60 |
183.35 |
FSLR Technical Analysis: SMA, RSI, MACD
Upon reviewing the FSLR chart, buy and sell signals have been generated in the First Solar technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for FSLR stock are as follows:- The technical analysis for FSLR indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for First Solar issued a 'Buy' signal when the MACD was at 5.456, with the current MACD value being: 24.664
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for First Solar stock: Click here to read more predictions on James Hardie Industries stock.
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