| SPWR latest price $11.0450 (-1.72%) ($10.5000 - $12.3400) on Thu. Aug. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.23% (three month average) |
RSI | 63 |
Latest Price | $11.0450(-1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 3.4% a day on average for past five trading days. |
Weekly Trend | SPWR advances 4.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SPWR advance at 0% a week (0% probability) ICLN(75%) ACES(60%) TAN(60%) IWO(58%) IBUY(54%) |
Factors Impacting SPWR price | SPWR will decline at least -2.615% in a week (0% probabilities). VIXM(-21%) UUP(-12%) VXX(-8%) TBT(-5%) DRIV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.615% (StdDev 5.23%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|