| SPWR latest price $31.5900 (4.46%) ($29.2700 - $32.0700) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.43% (three month average) |
RSI | 52 |
Latest Price | $31.5900(4.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 1.3% a day on average for past five trading days. |
Weekly Trend | SPWR advances 4.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(58%) IWO(58%) TAN(57%) IWC(55%) |
Factors Impacting SPWR price | SPWR will decline at least -2.715% in a week (0% probabilities). VIXM(-23%) UUP(-12%) VXX(-8%) TBT(-6%) UNG(-4%) |
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 | -2.715% (StdDev 5.43%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
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