| SPWR latest price $23.4900 (1.14%) ($23.4900 - $23.4900) on Wed. Dec. 14, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 46 |
Latest Price | $23.4900(1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPWR declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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(56%) IWC(53%) |
Factors Impacting SPWR price | SPWR will decline at least -2.245% in a week (0% probabilities). XLU(-13%) TBT(-12%) XLP(-11%) XAR(-10%) XLV(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.245% (StdDev 4.49%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|