SPWR Technical Analysis - COMPLETE SOLARIA INC

Technical Rating and Analysis

Taking everything into account, SPWR scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SPWR was also a bad performer in the overall market in the last year.

93% of all other stocks performed better in the past year than SPWR.

SPWR is one of the lesser performing stocks in the Electrical Equipment industry. 84% of 93 stocks in the same industry do better.

SPWR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month SPWR has a been trading in the 1.54 - 2.16 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

COMPLETE SOLARIA INC / SPWR Weekly stock chart

COMPLETE SOLARIA INC / SPWR Daily stock chart

Setup Rating and Analysis

SPWR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.42

2.07

We found 2 important support areas.

Support @1.56 from a trend line in the daily time frame.
A support zone ranging from 1.43 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 1.67 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @1.91 from a trend line in the daily time frame.
Resistance @2.05 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for SPWR is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for SPWR is neutral.
ChartMill Relative Strength	7.66	NEGATIVE	SPWR has a low relative strength, it was outperformed by 92.34% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of SPWR is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of SPWR is above the rising 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)	46.66	NEUTRAL	The RSI value for SPWR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests SPWR has a negative trend.
Stochastics (14,3)	16.92	OVERSOLD	The low Stochastics value suggests SPWR may be oversold.
Average True Range in percent/ATR (20)	9.79	HIGH VOLATILITY	The high ATR as a percentage value for SPWR suggests high volalility.
Average Directional Index/ADX (14)	31.29	POSITIVE	The high ADX value value for SPWR suggests a strong trend.