| SPWR latest price $30.0400 (-1.99%) ($29.6400 - $31.8900) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 83 |
Latest Price | $30.0400(-1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 3.8% a day on average for past five trading days. |
Weekly Trend | SPWR advances 15.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(58%) IWO(58%) TAN(57%) IWC(55%) |
Factors Impacting SPWR price | SPWR will decline at least -2.505% in a week (0% probabilities). VIXM(-23%) UUP(-11%) VXX(-8%) TBT(-6%) EDOC(-6%) |
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 | -2.505% (StdDev 5.01%) |
Hourly BBV | 0 () |
Intraday Trend | -4.7% |
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