| SPWR latest price $9.7865 (6.27%) ($9.0438 - $10.1764) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.6% (three month average) |
RSI | 60 |
Latest Price | $9.7865(6.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 4.7% a day on average for past five trading days. |
Weekly Trend | SPWR advances 6.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPWR advance at 0% a week (0% probability) ICLN(75%) ACES(60%) TAN(60%) IWO(58%) IBUY(54%) |
Factors Impacting SPWR price | SPWR will decline at least -2.8% in a week (0% probabilities). VIXM(-22%) UUP(-12%) VXX(-8%) TBT(-5%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.8% (StdDev 5.6%) |
Hourly BBV | 0 () |
Intraday Trend | 6.3% |
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