Where Will First Solar, Inc. (FSLR) Stock Go Next After It Is Higher By 11.63% in a Week?

First Solar, Inc. (FSLR) stock is up 11.63% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

First Solar, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FSLR!

See Full FSLR Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With FSLR Stock Today?

First Solar, Inc. (FSLR) stock is trading at $105.47 as of 11:54 AM on Tuesday, Sep 14, a loss of -$0.70, or -0.66% from the previous closing price of $106.17. The stock has traded between $104.08 and $107.27 so far today. Volume today is light. So far 938,319 shares have traded compared to average volume of 1,534,108 shares. To screen for more stocks like First Solar, Inc. click here.

More About First Solar, Inc.

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, and Ohio. It plans to add a large factory in India. Click Here to get the full Stock Report for First Solar, Inc. stock.