Based on the recent data and analysis, here is the price prediction for FSLR for the next trading week:
Technical Analysis:
- RSI (14) at 36.73 indicates oversold conditions
- MACD showing bearish momentum with -6.15
- Price currently trading below all major SMAs (5,10,20,60,200,250)
- Bollinger Bands showing price near lower band, suggesting potential bounce
News Sentiment & Catalysts:
- Mizuho upgraded FSLR to Outperform with $259 price target, citing:
- Improved post-2026 sales outlook
- Strong competitive position with TOPCon technology advantage
- Tariff protection offsetting potential 45X tax credit expiration risks
- Bank of America identifies FSLR as an attractive "cheap stock" with significant upside potential
Price Projection:
Based on technical indicators and Fibonacci levels:
- Resistance levels: $169.56 (R1), $172.98 (R2)
- Support levels: $158.51 (S1), $155.09 (S2)
- Pivot point: $164.04
Trading Recommendation: BUY
- Entry point: Current price ($156.98)
- Target price: $169.50 (R1 level)
- Stop loss: $155.00 (S2 level)
- Expected timeframe: 5-7 trading days
The combination of oversold technical conditions, strong analyst upgrades, and positive industry outlook suggests a potential upward movement. The stock is likely to test the first resistance level at $169.56, representing approximately 8% upside from current levels.
Based on the recent data and analysis, here is the price prediction for FSLR for the next trading week:
Technical Analysis:
- RSI (14) at 36.73 indicates oversold conditions
- MACD showing bearish momentum with -6.15
- Price currently trading below all major SMAs (5,10,20,60,200,250)
- Bollinger Bands showing price near lower band, suggesting potential bounce
News Sentiment & Catalysts:
- Mizuho upgraded FSLR to Outperform with $259 price target, citing:
- Improved post-2026 sales outlook
- Strong competitive position with TOPCon technology advantage
- Tariff protection offsetting potential 45X tax credit expiration risks
- Bank of America identifies FSLR as an attractive "cheap stock" with significant upside potential
Price Projection:
Based on technical indicators and Fibonacci levels:
- Resistance levels: $169.56 (R1), $172.98 (R2)
- Support levels: $158.51 (S1), $155.09 (S2)
- Pivot point: $164.04
Trading Recommendation: BUY
- Entry point: Current price ($156.98)
- Target price: $169.50 (R1 level)
- Stop loss: $155.00 (S2 level)
- Expected timeframe: 5-7 trading days
The combination of oversold technical conditions, strong analyst upgrades, and positive industry outlook suggests a potential upward movement. The stock is likely to test the first resistance level at $169.56, representing approximately 8% upside from current levels.