| SPWR latest price $21.8650 (-1.97%) ($21.8650 - $21.8650) on Fri. Sep. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.16% (three month average) |
RSI | 49 |
Latest Price | $21.8650(-1.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPWR advances 1.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SPWR advance at 0% a week (0% probability) ICLN(77%) IWO(59%) IWM(57%) IBUY(55%) IWC(55%) |
Factors Impacting SPWR price | SPWR will decline at least -2.08% in a week (0% probabilities). VIXM(-23%) UUP(-10%) TBT(-9%) IGOV(-7%) VXX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.08% (StdDev 4.16%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
| |
|
|