ProShares S&P Kensho Cleantech ETF Price & Performance (CTEX)

CTEX's technical data suggests cautious trading strategies. Resistance at $19.45 serves as a key marker, with short-term plans advising short positions below this level. Conversely, a break above $19.45 could trigger buy signals targeting $21.09. Day traders may focus on $18.63 as another critical resistance point for potential gains or losses.1

SolarEdge Technologies plans to leverage full domestic manufacturing capacity while expanding into Europe by 2026. The company expects to benefit from tax credits and safe harbor deals, while reducing costs and paying down convertible notes. Management remains optimistic about normalizing European inventories and achieving seasonal growth in 2025 despite recent price cuts.2

SolarEdge Technologies has drawn positive attention for its strong domestic manufacturing and European ambitions. The company aims to boost market share through innovative MLPE solutions and tax credits. Despite a challenging 2024, management anticipates inventory stabilization and improved margins, signaling confidence in its long-term growth trajectory.2