Technical Analysis for SPWR - SunPower Corporation

Grade Last Price % Change Price Change
D 2.71 -8.45% -0.25
SPWR closed down 8.45 percent on Monday, July 1, 2024, on 31 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Narrow Range Bar Range Contraction -8.45%
Inside Day Range Contraction -8.45%
Wide Bands Range Expansion -8.45%
Oversold Stochastic Weakness -8.45%
Crossed Above 50 DMA Bullish -10.56%
Stochastic Buy Signal Bullish -10.56%
180 Bullish Setup Bullish Swing Setup -10.56%

   Recent Intraday Alerts

Alert Time
10 DMA Support about 8 hours ago
Down 5% about 9 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Fell Below Previous Day's Low about 11 hours ago
Down 3% about 11 hours ago

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Profile

SunPower Corporation Description

SunPower Corporation, an integrated solar products and solutions company, designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale power plant customers worldwide. The company offers solar cells and panels; inverters; rooftop solar products, such as solar roof tile system and solar roof tiles; ground-mounted solar power products comprising tracker system, modular solar power blocks, and fixed tilt parking structures; and mounting structures, charge controllers, grid interconnection equipment, and other devices. It also provides end-to-end management services for project lifecycle, including site assessment, financing support, project development, and full-scale environmental and construction permitting through engineering, procurement, construction, and commissioning. In addition, the company offers power plant operations and maintenance services, such as field-based preventative maintenance services, utility-quality data collection, performance monitoring, and diagnostic and performance reporting services, as well as lifecycle asset planning and management. It serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners through its third-party global dealer network. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Gas & Power USA, SAS.


Classification

Sector: Technology
Industry: Solar
Keywords: Electric Utilities Photovoltaics Solar Power Inverters Data Collection Power Producer Solar Cells Photovoltaic System Power Products Home Builders Management Services Solar Power Products

Is SPWR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.18
52 Week Low 1.765
Average Volume 12,172,430
200-Day Moving Average 3.77
50-Day Moving Average 2.77
20-Day Moving Average 3.02
10-Day Moving Average 2.78
Average True Range 0.36
RSI (14) 45.36
ADX 32.14
+DI 29.77
-DI 18.95
Chandelier Exit (Long, 3 ATRs) 3.18
Chandelier Exit (Short, 3 ATRs) 3.58
Upper Bollinger Bands 3.60
Lower Bollinger Band 2.43
Percent B (%b) 0.24
BandWidth 38.56
MACD Line -0.04
MACD Signal Line -0.01
MACD Histogram -0.037
Fundamentals Value
Market Cap 475.23 Million
Num Shares 175 Million
EPS -0.56
Price-to-Earnings (P/E) Ratio -4.84
Price-to-Sales 0.34
Price-to-Book 1.48
PEG Ratio 0.02
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.07
Resistance 3 (R3) 3.11 3.03 3.01
Resistance 2 (R2) 3.03 2.94 3.01 2.99
Resistance 1 (R1) 2.87 2.88 2.83 2.83 2.97
Pivot Point 2.79 2.79 2.77 2.77 2.79
Support 1 (S1) 2.63 2.70 2.59 2.59 2.45
Support 2 (S2) 2.55 2.64 2.53 2.43
Support 3 (S3) 2.39 2.55 2.41
Support 4 (S4) 2.35