| SPWR latest price $24.4500 (-3.44%) ($24.4500 - $24.4500) on Thu. Jul. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.59% (three month average) |
RSI | 36 |
Latest Price | $24.4500(-3.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 0.9% a day on average for past five trading days. |
Weekly Trend | SPWR declines -8.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPWR advance at 0% a week (0% probability) ICLN(77%) IWO(59%) IWM(57%) IWC(56%) IBUY(55%) |
Factors Impacting SPWR price | SPWR will decline at least -2.295% in a week (0% probabilities). VIXM(-23%) UUP(-9%) TBT(-7%) VXX(-6%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.295% (StdDev 4.59%) |
Hourly BBV | -0 () |
Intraday Trend | 0% |
| |
|
|