First Solar's most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $86.00 short put and a strike $81.00 long put offers a potential 32.98% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $86.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock dropped below the $81.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for First Solar is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for First Solar is bullish.
The RSI indicator is at 55.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for First Solar
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Tue, 03 Nov 2020 21:14:27 +0000
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Sunrun (RUN) to Report Q3 Earnings: What's in the Cards?
Tue, 03 Nov 2020 15:00:03 +0000
Sunrun's (RUN) Q3 results are expected to reflect effects of lower order volumes, courtesy of the COVID-19 pandemic impacts.
SolarEdge (SEDG) Q3 Earnings Top Estimates, Revenues Down Y/Y
Tue, 03 Nov 2020 14:44:02 +0000
SolarEdge's (SEDG) operating expenses rise 6% year over year in the third quarter, led by higher research & development and general & administrative expenses.
Is First Solar Stock a Buy?
Tue, 03 Nov 2020 13:23:00 +0000
Shares of First Solar (NASDAQ: FSLR) recently hit a level they haven't seen in nearly a decade. The move is a little odd for a company that has shed a large chunk of its business over the last few years and doesn't have the growth opportunities some of its competitors have. It's important to first take a step back and cover what First Solar does.
What You Need to Know About First Solar Today
Mon, 02 Nov 2020 13:38:00 +0000
First Solar (NASDAQ: FSLR) stock has now gone to levels we haven't seen since nearly a decade ago, when the solar industry was just in its nascency. Today, solar energy is a more mature business and First Solar remains one of the leading manufacturers in the industry. As we digest First Solar's third-quarter earnings report, there are a few factors that I think investors need to keep in mind.
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