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Canadian Solar Inc.

Stage 4 · Declining · week 13

As of Oct 22, 2026, Canadian Solar is in Stage 4, the downtrend phase, now in week 13 (since Jul 24, 2026). It closed at $9.22, 72.5% below its 52-week high and below its 200-day average, which is falling.

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. More about the company

$9.22
-5.64% today
$626M · Small cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 19w
S4 65w
S2 16w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 19w → S1 10w → S4 65w → S1 6w → S2 8w → S3 3w → S2 16w → S3 10w → S4 7w → S1 8w → S4 13w current
Total tracked: 166 weeks across 11 stage runs.

CSIQ among Solar8th of 22 by relative strength

All 22 →
Stocks in Solar ranked by relative strength, with stage and one-month change
#StockStageRS1M
1SUNEStage 3 · wk 280−20.2%
2NXTStage 4 · wk 1044−5.1%
3SEDGStage 4 · wk 743−1.2%
4ENPHStage 4 · wk 742−5.2%
5ASTIStage 4 · wk 1038−39.2%
6FSLRStage 4 · wk 1036−10.8%
7SHLSStage 4 · wk 635+0.3%
8CSIQStage 4 · wk 1329−18.7%
vs 52W High
-72.5%
$9.22 lo$33.58 hi
72.5% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 13
1w13w26w
Week 13, established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-41.4%
200 DMA: $15.72 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
1.19x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-18.7%
3M
-30.9%
6M
-37.2%
YTD
-63.7%
1Y
-38.8%
Scan Membership
Breakout Watch
Latest: 2023-06-08
7 appearances in last 60 days. First seen: 2018-11-30.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 13 · Vol 1.19x
2026-10-21S4
Wk 13 · Vol 0.54x
2026-10-20S4
Wk 13 · Vol 0.72x
2026-10-19S4
Wk 13 · Vol 1.06x
2026-10-16S4
Wk 12 · Vol 1.46x
2026-10-15S4
Wk 12 · Vol 0.94x
2026-10-14S4
Wk 12 · Vol 1.08x
2026-10-13S4
Wk 12 · Vol 0.72x
2026-10-12S4
Wk 12 · Vol 0.69x
2026-10-09S4
Wk 11 · Vol 0.86x
2026-10-08S4
Wk 11 · Vol 1.02x
2026-10-07S4
Wk 11 · Vol 0.67x
Moving averages & range
50 DMA
$12.26
200 DMA
$15.72
52W High
$33.58
52W Low
$9.22
5D Low
$9.22
Resistance levels (recent highs)
20d High
$11.55
60d High
$16.39
120d High
$20.57
250d High
$33.58
Next resistance
+25.3%
to 20d High
ROE
-6.0%
Profit margin -3.7%
Dividend Yield
0.00%
P/B 0.2

Canadian Solar: quick answers

What stage is Canadian Solar in?

As of Oct 22, 2026, Canadian Solar (CSIQ) is in Stage 4, the downtrend phase. It entered Stage 4 on Jul 24, 2026 and is in week 13. What the four stages mean

Is Canadian Solar in an uptrend?

No. Canadian Solar is in a Stage 4 downtrend. It trades 41.4% below its 200-day average, which is falling.

How far is Canadian Solar from its 52-week high?

Canadian Solar closed at $9.22 on Oct 22, 2026, 72.5% below its 52-week high of $33.58. Its 52-week low is $9.22.

How has Canadian Solar performed over the past year?

As of Oct 22, 2026, Canadian Solar is down 38.8% over the past year and down 63.7% so far in 2026.

Which sector and industry is Canadian Solar in?

Canadian Solar is in the Solar industry, part of the Information Technology sector.

About this companyInformation Technology· Solar

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. It operates through two segments, Manufacturing and Recurrent Energy. The Manufacturing Segment focuses on manufacturing and selling solar, battery energy storage and other power technology products, and CSI Solar. It also offers standard solar modules, battery storage solutions, solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction services, as well as operates battery energy storage projects. The Recurrent Energy Segment develops, builds, sells, and operates solar power and battery energy storage projects; operates solar power plants; and sells electricity and other services. This segment also provides power operation and maintenance services, including monitor, inspects, repair, and replace of plant equipment, and site management and administrative support services for solar projects, as well as asset management services. The company offers power plant level, commercial, household products, inverter, photovoltaic modules; and sells electricity and smart energy. It serves distributors, system integrators, project developers, installers, and EPC companies, as well as caters to utility companies, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial, or government end users primarily under its Canadian Solar brand name. The company sells its products under CSI, CS PowerTech, CSI Solar, Recurrent Energy, e-STORAGE, SolBank, KuBank, and EP Cube brand names. Canadian Solar Inc. was incorporated in 2001 and is based in Kitchener, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.