| SPWR latest price $29.3000 (-1.18%) ($29.3000 - $29.3000) on Fri. Oct. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.63% (three month average) |
RSI | 76 |
Latest Price | $29.3000(-1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPWR advances 10.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SPWR advance at 0% a week (0% probability) ICLN(78%) IWO(59%) IWM(57%) IBUY(55%) IWC(55%) |
Factors Impacting SPWR price | SPWR will decline at least -1.815% in a week (0% probabilities). VIXM(-22%) UUP(-10%) TBT(-9%) VXX(-6%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.815% (StdDev 3.63%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
| |
|
|