First Solar's most recent trend suggests a bearish bias. One trading opportunity on First Solar is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 10.38% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for First Solar is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for First Solar is bearish.
The RSI indicator is at 27.03 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for First Solar
Major Wind Acquisition Makes SunEdison World's Largest Renewable Energy Developer
Tue, 18 Nov 2014 00:54:00 GMT
FIRST SOLAR, INC. Financials
Fri, 14 Nov 2014 18:04:47 GMT
STR Holdings Q3 Loss In Line, Revenues Miss on Lower Price
Fri, 14 Nov 2014 13:10:02 GMT
Why First Solar, TripAdvisor Are Ideal for Short Selling
Fri, 14 Nov 2014 11:00:00 GMT
TheStreet – First Solar and TripAdvisor both posted declines on Thursday. But the solar panel maker and online travel advice service are poised to go even lower.
Crude Oil Tumbles Along With Solar Energy Stocks
Thu, 13 Nov 2014 19:55:00 GMT
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