| SPWR latest price $10.1150 (-3.07%) ($10.1150 - $10.1150) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.49% (three month average) |
RSI | 49 |
Latest Price | $10.1150(-3.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPWR advances 2.2% a day on average for past five trading days. |
Weekly Trend | SPWR advances 0.1% 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) TAN(76%) ICLN(73%) ACES(70%) IWN(63%) ARKG(62%) |
Factors Impacting SPWR price | SPWR will decline at least -1.745% in a week (0% probabilities). TBT(-31%) VXX(-22%) VIXM(-21%) EDOC(1%) 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 | -1.745% (StdDev 3.49%) |
Hourly BBV | -2.2 () |
Intraday Trend | 0% |
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