| SPWR latest price $23.7700 (1.84%) ($23.7700 - $23.8000) on Thu. Nov. 17, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 72 |
Latest Price | $23.7700(1.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPWR advances 13.5% a week on average for past two weeks. |
Market Behavior | Normal 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(74%) IWM(58%) IWO(58%) IWN(57%) IFRA(53%) |
Factors Impacting SPWR price | SPWR will decline at least -2.375% in a week (0% probabilities). TBT(-17%) UUP(-6%) XLU(-5%) XLP(-4%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.375% (StdDev 4.75%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|