
Technical analysis of First Solar, Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
First Solar, Inc. is a solar technology company founded in 1999 and headquartered in Phoenix, Arizona. The company manufactures and sells photovoltaic solar modules using thin film semiconductor technology, including cadmium telluride solar modules that convert sunlight into electricity. Its customers include system developers, independent power producers, utilities, commercial and industrial companies, and system owners and operators in various countries including the United States, France, India, and Chile.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
180.94 $
−4.59%
50 sessions
199.61 $
−13.51%
200 sessions
219.85 $
−21.47%
s2
172.85
Support
s1
175.83
Support
pivot
178.53
Pivot
r1
181.51
Resistance
r2
184.21
Resistance
In the October 16, 2026 session First Solar, Inc. closed lower at 172.64 $, −3.45% versus the previous session.
The price sits below every moving average observed: −4.59% against the 21-session average, −13.51% against the 50 and −21.47% against the 200.
The 14-period RSI reads 38.1, in neutral territory.
MACD stands at -5.987 against a signal line at -7.013: the histogram is positive (+1.025).
ADX reads 24.1, indicating weak directionality.
Levels computed on the latest session place supports at 175.83 and 172.85 $ and resistances at 181.51 and 184.21 $, around a pivot of 178.53.
The average daily range (ATR) is 7.859 $, or 4.55% of price.
Turnover was 2.3M shares, 100% of the 20-session average.
Over the last twelve months the price ranged between 168.60 and 320.95 $, and today stands −46.21% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is First Solar, Inc. analysed technically?
Technical analysis of First Solar, Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for First Solar, Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to First Solar, Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to First Solar, Inc. it helps frame the technical structure of the historical chart and is not a forecast.
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