Overall SPWR gets a technical rating of 0 out of 10. SPWR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SPWR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SPWR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.47
When analyzing the support we can see 2 important areas.
- Support @1.51 from a trend line in the daily time frame.
- A support zone ranging from 1.48 to 1.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.68 to 1.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.72 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.92 from a trend line in the weekly time frame.
- Resistance @1.96 from a trend line in the daily time frame.
- Resistance @2.05 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SPWR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPWR is down. |
| ChartMill Relative Strength | 16.94 | NEGATIVE | SPWR has a low relative strength, it was outperformed by 83.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPWR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPWR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPWR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.45 | NEUTRAL | The RSI value for SPWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SPWR has a negative trend. |
| Stochastics (14,3) | 25.4 | NEUTRAL | The Stochastics value for SPWR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.56 | HIGH VOLATILITY | The high ATR as a percentage value for SPWR suggests high volalility. |
| Average Directional Index/ADX (14) | 12.34 | NEGATIVE | The low ADX value for SPWR suggests a weak or negative trend. |
1.58
+0.05 (+3.27%)
SUNPOWER INC / SPWR FAQ
What is the ChartMill technical rating of SUNPOWER INC (SPWR) stock?
ChartMill assigns a technical rating of 0 / 10 to SPWR.
What is the current trend direction of SUNPOWER INC (SPWR) stock?
The current trend direction for SUNPOWER INC (SPWR) is Bearish.
What is the RSI signal for SPWR stock?
SUNPOWER INC (SPWR) has an RSI value of 45.4477. This indicates that the stock is currently neutral.
What is the buy/sell signal for SUNPOWER INC (SPWR) stock?
The buy/sell signal for SUNPOWER INC (SPWR) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SUNPOWER INC (SPWR) stock?
SUNPOWER INC (SPWR) has a support level at 1.51 and a resistance level at 1.68. Check the full technical report for our detailed analysis of SPWR support and resistance levels.