| SPWR latest price $23.7300 (-3.06%) ($23.7300 - $23.7300) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.8% (three month average) |
RSI | 64 |
Latest Price | $23.7300(-3.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPWR advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(72%) IWM(58%) IWO(58%) IWN(57%) IWC(53%) |
Factors Impacting SPWR price | SPWR will decline at least -2.4% in a week (0% probabilities). XLU(-12%) TBT(-12%) XLP(-10%) 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 | -2.4% (StdDev 4.8%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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