(FSLR) First Solar - Ratings and Ratios

First Solar, Inc. is a leading solar technology company that provides photovoltaic (PV) solar energy solutions globally, leveraging its proprietary thin-film semiconductor technology to manufacture and sell PV solar modules that offer a lower-carbon alternative to traditional crystalline silicon PV modules.

The companys product portfolio includes cadmium telluride solar modules that convert sunlight into electricity, and its residual business operations encompass project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers, catering to a diverse customer base comprising developers, operators, utilities, independent power producers, commercial and industrial companies, and other system owners.

With a strong presence in key markets, including the United States, France, India, and Chile, First Solar has established itself as a major player in the solar energy industry, driven by its commitment to innovation and sustainability. The companys headquarters is located in Tempe, Arizona, and it has been operating under its current name since 2006, having been founded in 1999.

Analyzing the and , we can observe that the stock is currently trading at $163.84, slightly above its 20-day SMA of $162.45, indicating a potential bullish trend. The 50-day SMA is at $142.57, while the 200-day SMA is at $178.31, suggesting a possible resistance level. With a Market Cap of $16.7B and a P/E ratio of 13.25, the company appears to be undervalued relative to its earnings. Considering the levels, a potential price target could be $183.5, with a stop-loss at $160.1. Based on these indicators, a forecast for FSLR could be a short-term price increase, potentially reaching $180-$185, driven by the companys strong fundamentals and favorable technical trends.

Furthermore, the Average True Range (ATR) of 9.89, equivalent to 6.03%, indicates a moderate level of volatility, which could be exploited by traders using range-bound strategies. The 52-week high and low prices of $300.71 and $120.38, respectively, suggest a significant price range, with the current price near the lower end of this range, potentially indicating a buying opportunity. As the solar energy industry continues to grow, driven by increasing demand for renewable energy sources, First Solar is well-positioned to capitalize on this trend, driven by its innovative technology and diversified product portfolio.