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Shares of FSLR Down 23.9% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for First Solar Inc (NASDAQ:FSLR) on June 4th, 2018 at $63.66. In approximately 3 months, First Solar Inc has returned 23.95% as of today's recent price of $48.41.

In the past 52 weeks, shares of First Solar Inc have traded between a low of $45.26 and a high of $81.72 and are now at $48.41, which is 7% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.6%.

First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of First Solar Inc.

Log in and add First Solar Inc (FSLR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights first solar inc

Ticker(s): FSLR