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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
SunPower Corporation (NASDAQ:SPWR)
Long-Term Downtrend (-90) - SPWR is in a strong downtrend that is likely to continue. While SPWR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPWR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPWR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPWR
The long-term trend has been DOWN since Jan 25th, 2023 at 15.08
The intermediate-term trend has been DOWN since Feb 27th, 2024 at 3.03
The short-term trend has been DOWN since Apr 5th, 2024 at 2.72
Smart Scan Analysis for SPWR
Based on our trend formula, SPWR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.790 | 2.225 | 1.765 | 2.210 | +0.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.140 | 3833583 | 2024-04-23 10:12:26 |
| Year High | 10 | Year High Date | 2018-04-20 |
| Year Low | 5.76 | Year Low Date | 2018-10-31 |
| 52wk High | 14.4891 | 52wk High Date | 2023-04-25 |
| 52wk Low | 2.14 | 52wk Low Date | 2024-04-22 |
| Year End Close | 5.62 | Average Volume | 4,789,166 |
| Shares Outstanding | 175,361 | Short Interest | 6,654,212 |
| % Institutional | 87.2 | Market Cap | 1,814M |
| Assets | 144,733,200M | Liabilities | 102,471,900M |
| P/E Ratio | 17.25 | Beta | 2.73 |
| Volatility | 71.82 |