| SPWR latest price $22.4800 (3.12%) ($21.3850 - $22.4800) on Fri. Sep. 17, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.74% (three month average) |
RSI | 57 |
Latest Price | $22.4800(3.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 1.1% a day on average for past five trading days. |
Weekly Trend | SPWR advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPWR advance at 0% a week (0% probability) ICLN(77%) IWO(59%) IWM(57%) IBUY(55%) IWC(55%) |
Factors Impacting SPWR price | SPWR will decline at least -1.87% in a week (0% probabilities). VIXM(-23%) UUP(-10%) TBT(-9%) VXX(-6%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.87% (StdDev 3.74%) |
Hourly BBV | 2.5 () |
Intraday Trend | 0% |
| |
|
|