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First Solar Inc Bearish Moving Average Crossover Alert (FSLR)

By Amy Schwartz

Today, shares of First Solar Inc (NASDAQ:FSLR) have fallen below their 10-day MA of $59.90 on a volume of 162K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, First Solar Inc has traded in a range of $36.51 to $75.75 and is now at $59.44, 63% above that low. The 200-day and 50-day moving averages have moved 0.27% higher and 1.02% higher over the past week, respectively.

SmarTrend is tracking the current trend status for First Solar Inc and will alert subscribers who have FSLR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses first solar inc

Ticker(s): FSLR