| SPWR latest price $16.5700 (-2.82%) ($14.6600 - $16.8200) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 48 |
Latest Price | $16.5700(-2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPWR declines -1.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support SPWR advance at 0% a week (0% probability) ICLN(75%) ACES(59%) IWO(58%) TAN(58%) IBUY(54%) |
Factors Impacting SPWR price | SPWR will decline at least -2.245% in a week (0% probabilities). VIXM(-22%) UUP(-12%) VXX(-8%) TBT(-6%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.245% (StdDev 4.49%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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