First Solar's most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 25.31% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $3.99 would be incurred if the stock dropped below the $60.00 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 50.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for First Solar
First Solar Leads 3 Alt-Energy All-Star Earnings
Tue, 06 May 2014 13:35:00 GMT
Investor's Business Daily – Solar stocks, like many high-flying growth names, have had a rough time in recent weeks. The Energy-Solar group was ranked No. 2 out of IBD's 197 industries just five weeks ago, but has fallen to 81. But …
First Solar, Inc. Earnings Call scheduled for 4:30 pm ET today
Tue, 06 May 2014 13:14:46 GMT
First Solar to Build 42.76MW for EDF Renewable Energy
Tue, 06 May 2014 12:05:00 GMT
Business Wire – First Solar, Inc. has been selected as the turnkey Engineering, Procurement and Construction contractor for two projects under development by EDF Renewable Ene
8:05 am First Solar to build 42.76MW for EDF Renewable Energy
Tue, 06 May 2014 12:05:00 GMT
Q1 2014 First Solar, Inc. Earnings Release – After Market Close
Tue, 06 May 2014 11:07:04 GMT
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