| SPWR latest price $10.6050 (-2.8%) ($10.6050 - $10.6050) on Wed. May. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 43 |
Latest Price | $10.6050(-2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPWR declines -1.3% 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) TAN(75%) ICLN(72%) IWM(57%) IWN(57%) IWO(57%) |
Factors Impacting SPWR price | SPWR will decline at least -2.03% in a week (0% probabilities). TBT(-29%) VXX(-22%) VIXM(-22%) BLOK(3%) IGOV(6%) |
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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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