First Solar Surges 11.05% on 379% Volume Spike Ranks 30th in 2.17 Billion Market Activity

First Solar (FSLR) surged 11.05% on Aug. 15, 2025, closing at $199.95 as trading volume spiked 379.02% to $2.17 billion, ranking it 30th in market activity. The stock fluctuated 15.38% intraday between $179.06 and $206.60, with 11 million shares traded. Technical indicators highlight a strong bullish trend, supported by rising moving averages and increased volume aligning with price gains. Short-term traders note the stock's position near the upper boundary of a robust uptrend, suggesting potential for further momentum if $200.04 resistance is breached.

Analysts observe mixed signals from momentum oscillators, including a bearish MACD divergence, which could pressure near-term gains. Key support levels are identified at $165.54 and $164.92, with a recommended stop-loss at $192.44 (-3.75%). The stock’s volatility remains contained relative to its historical range, with a 6.18% average daily swing over the past week. A pivot bottom established on July 14 has driven a 24.32% rally, reinforcing the current buy bias from both short- and long-term moving averages.

Projected price targets for the next three months suggest a potential 18.35% increase, with a 90% probability of trading between $193.72 and $236.75. The next trading day is expected to open at $195.20, with a projected range of $195.55–$204.35. Analysts upgraded the stock to “Strong Buy” status, citing its alignment with a sustained uptrend and favorable risk-reward dynamics. Accumulated volume at $165.54 provides a critical downside buffer, offering a 17.21% cushion from current levels.

A backtested strategy of buying top-volume stocks and holding for one day from 2022 to 2025 generated $10,720 in profit, achieving a 1.08x return on initial investment. This approach leveraged high-volume momentum as a proxy for short-term market activity, demonstrating moderate but consistent gains despite market fluctuations.