| SPWR latest price $20.3300 (4.85%) ($19.5000 - $21.2900) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.89% (three month average) |
RSI | 61 |
Latest Price | $20.3300(4.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 5.1% a day on average for past five trading days. |
Weekly Trend | SPWR advances 4% 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(75%) ACES(59%) IWO(58%) TAN(58%) IBUY(54%) |
Factors Impacting SPWR price | SPWR will decline at least -2.445% in a week (0% probabilities). VIXM(-22%) UUP(-12%) VXX(-8%) TBT(-6%) UNG(-3%) |
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 | -2.445% (StdDev 4.89%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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