First Solar's most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $53.50 short put and a strike $48.50 long put offers a potential 14.94% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $53.50 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $48.50 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 27.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for First Solar
Where Cramer stands on Apple
Fri, 17 Oct 2014 23:00:00 GMT
Cramer: Importance of next week's earnings
Fri, 17 Oct 2014 22:00:00 GMT
First Solar Installs Inaugural Panel at South America's Largest PV Plant
Fri, 17 Oct 2014 21:32:40 GMT
noodls – 141MW Luz Del Norte to make significant contribution to Chile's national Energy Agenda Electricity generated by plant will be competitively priced in region COPIAPÓ, Chile–(BUSINESS WIRE)– With Michelle …
First Solar Installs Inaugural Panel at South America’s Largest PV Plant
Fri, 17 Oct 2014 20:59:00 GMT
Business Wire – With Michelle Bachelet, President of the Republic of Chile; Isabel Allende, President of the Chilean Senate, and Máximo Pacheco, Minister of Energy in attendance, First Solar (Nasd
Canadian Solar to Supply Solar Modules for EDF RE Project
Tue, 14 Oct 2014 22:20:02 GMT
Zacks – Canadian Solar Inc. (CSIQ) will supply its photovoltaic solar modules for a project in California that is under development by EDF Renewable Energy (EDF RE).
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