| SPWR latest price $31.1300 (5.13%) ($31.0800 - $31.1300) on Wed. Oct. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 74 |
Latest Price | $31.1300(5.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 1.6% a day on average for past five trading days. |
Weekly Trend | SPWR advances 7.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(78%) IWO(59%) IWM(57%) IBUY(55%) IWC(55%) |
Factors Impacting SPWR price | SPWR will decline at least -1.84% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.84% (StdDev 3.68%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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