| SPWR latest price $24.0000 (2.32%) ($24.0000 - $24.0000) on Wed. Nov. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 76 |
Latest Price | $24.0000(2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPWR advances 12.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPWR advance at 0% a week (0% probability) ICLN(72%) IWM(57%) IWO(57%) IWN(56%) IWC(52%) |
Factors Impacting SPWR price | SPWR will decline at least -2.375% in a week (0% probabilities). TBT(-13%) XLU(-12%) XLP(-9%) XAR(-9%) XLV(-6%) |
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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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