1. FSLR Q4 earnings report expected after hours with $4.71 EPS forecast. Revenue predicted at $1.47B. 2. Stock is up 5.76% over one year but down 18% YTD. Mixed performance noted. 3. Technical charts show FSLR trading below key EMAs. This suggests strong short-term bearish pressure. 4. MACD and RSI indicate a bearish setup; reversal above 20-day SMA is required. Analysts remain cautiously upbeat.
The stock's technicals—trading below several moving averages with a negative MACD and low RSI—suggest persistent selling pressure. Historically, similar setups have led to short-term declines unless a reversal occurs post-earnings.
The combination of earnings expectations and strong technical bearish signals indicates a significant short-term impact on FSLR’s price. The analysis affects sentiment and trading actions in the solar sector.
Earnings reports and immediate technical indicators typically drive near-term price movements. A reversal above the 20-day SMA is necessary to change this outlook, reminiscent of previous earnings cycles.