| SPWR latest price $21.1600 (1.63%) ($20.2800 - $21.3700) on Thu. Dec. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.71% (three month average) |
RSI | 53 |
Latest Price | $21.1600(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPWR declines -2.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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(57%) IWC(55%) |
Factors Impacting SPWR price | SPWR will decline at least -2.355% in a week (0% probabilities). VIXM(-23%) UUP(-11%) IGOV(-9%) VXX(-8%) TBT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.355% (StdDev 4.71%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
| |
|
|