| SPWR latest price $29.7300 (20.17%) ($26.2900 - $31.6500) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.54% (three month average) |
RSI | 64 |
Latest Price | $29.7300(20.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 4% a day on average for past five trading days. |
Weekly Trend | SPWR advances 0.9% 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(74%) ACES(58%) IWO(58%) TAN(57%) IWC(55%) |
Factors Impacting SPWR price | SPWR will decline at least -2.77% in a week (0% probabilities). VIXM(-23%) 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 | -2.77% (StdDev 5.54%) |
Hourly BBV | 0 () |
Intraday Trend | 9.4% |
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