| SPWR latest price $54.0000 (1.82%) ($54.0000 - $54.0000) on Fri. Jan. 29, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.3% (three month average) |
RSI | 87 |
Latest Price | $54.0000(1.82%) |
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 29.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) IWO(58%) ACES(57%) IBUY(55%) IWM(55%) |
Factors Impacting SPWR price | SPWR will decline at least -3.15% in a week (0% probabilities). VIXM(-23%) UUP(-11%) VXX(-8%) TBT(-8%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.15% (StdDev 6.3%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|