First Solar, Inc. (NASDAQ:FSLR) Dropped -0.4% – Here’s Why

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In its latest trading session, First Solar, Inc. (NASDAQ:FSLR) dropped by -0.4% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To understand this better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 20.36, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.017, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.172, an Accumulation/Distribution Index (ADI) of 1.172, an On-Balance Volume (OBV) of 255.769, and a Chaiikin Money Flow (CMF) of -57.24. 2.455

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of First Solar, Inc. (NASDAQ:FSLR). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.