| SPWR latest price $19.2600 (-5.26%) ($19.2200 - $21.6000) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.92% (three month average) |
RSI | 56 |
Latest Price | $19.2600(-5.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 2.7% a day on average for past five trading days. |
Weekly Trend | SPWR advances 6.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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%) IWM(55%) |
Factors Impacting SPWR price | SPWR will decline at least -2.46% 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 | -2.46% (StdDev 4.92%) |
Hourly BBV | 0 () |
Intraday Trend | -10% |
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