FTC Solar, Inc. (FTCI) Expands Solar Tracking Solutions

FTC Solar, Inc. (FTCI) provides solar tracking systems, software, and engineering solutions that help maximize energy output from solar farms. Its technology optimizes panel alignment with the sun, improving efficiency and lowering costs for utility-scale projects. FTC Solar’s growth is fueled by accelerating global solar adoption, infrastructure investments in renewable energy, and the company’s innovation in smart tracking and digital control systems.

On the chart, a confirmation bar with rising volume highlights bullish momentum. The price has entered the momentum zone after moving above the .236 Fibonacci level. A trailing stop can be placed just below this Fibonacci line using the Fibonacci snap tool, helping traders secure profits while allowing room for continued upside potential.