SUNPOWER CORP (SPWR)       22.21  -0.41 (-1.81%)

22.21  -0.41 (-1.81%)

US8676524064 - Common Stock - After market: 22.2 -0.01 (-0.05%)

Technical Rating

5

Overall SPWR gets a technical rating of 5 out of 10. SPWR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.



The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SPWR has an average volume of 3850130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SPWR turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
SPWR is part of the Electrical Equipment industry. There are 86 other stocks in this industry, SPWR did better than 67% of them.
SPWR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SPWR has a been trading in the 18.71 - 24.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Statistics

1 Month 3 Months 6 Months 12 Months 18.83% -21.05% 23.12% -5.04% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 42.4 12.78 - 28.42
SPWR Weekly chart
SPWR Daily chart

Support/Resistance Analysis


15.18

26.80
When analyzing the support we can see 5 important areas.
  • A support zone ranging from 21.90 to 22.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @19.00 from a trend line in the daily time frame.
  • A support zone ranging from 16.00 to 16.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @15.65 from a horizontal line in the weekly time frame.
  • Support @15.33 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
  • A resistance zone ranging from 24.12 to 24.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @26.53 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

5

SPWR has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.


SPWR Daily chart

SUNPOWER CORP22.21

NASDAQ:SPWR (12/7/2022, 7:06:40 PM)-0.41 (-1.81%)

After market: 22.2 -0.01 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Electrical Equipment
Performance
Today -1.81% 1 Week -8.41%
2 Weeks -5.37% 1 Month 18.83%
3 Month -21.05% 6 Month 23.12%
Volatility
ATR(14) 1.19 ATR(20)% 6.27%
ATR Inc 17.16% Range Today 1.28
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 42.4 Mansfield 1.69
10 Day High 24.97 10 Day Low 21.76
20 Day High 24.97 20 Day Low 18.71
52 Week High 28.42 52 Week Low 12.78
CS1 End 22.2 CR1 Start 24.12
Volume & EV
DER(3) -2.52% DER(5) -0.1%
Volume 2.56M Volume Incr -38.66%
Vol(5) 2.59M Vol(50) 3.85M

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