Canadian Solar Inc

CSIQ remains entrenched in a Stage 4 downtrend with sequential lower highs and lower lows and trading below all major short- and medium-term moving averages. Medium-term asymmetry is decisively bearish, with resistance clustered around the converged 9/20/50 EMA cluster and the 200-day SMA. Short-term timing is neutral as price sits just below EMAs without clear exhaustion or reversal signals, suggesting deferred selling. Optimal execution involves trimming into rallies up into the flattened EMA/SMA zone for rejection.

• ↑Q1 revenue $1.1B, 2.5GW modules delivered, backlog $3.5B
• ↑Reshoring U.S. plants reduces tariffs risk and improves margins
• ↓Q1 net loss $32M, EPS -$0.71 points to profit strain