Technical Analysis for SPWR - SunPower Corporation

Grade Last Price % Change Price Change
F 23.28 1.22% 0.28
SPWR closed up 1.22 percent on Wednesday, May 5, 2021, on 2.69 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical SPWR trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Slingshot Bearish Bearish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Earnings Movers Other 0.00%
Outside Day Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish 1.22%
Older End-of-Day Signals for SPWR ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
200 DMA Resistance about 12 hours ago
Possible Pocket Pivot about 12 hours ago
Rose Above Previous Day's High about 12 hours ago
Outside Day about 12 hours ago
Up 5% about 13 hours ago
View Earlier Intraday Alerts

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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 Data Collection Inverters Power Producer Power Products Power Producers Solar Cell Home Builders Solar Cells Photovoltaic System Management Services Solar Power Products Sunpower

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 57.5199
52 Week Low 6.1
Average Volume 4,358,884
200-Day Moving Average 24.08
50-Day Moving Average 30.73
20-Day Moving Average 27.25
10-Day Moving Average 26.70
Average True Range 2.22
ADX 28.81
+DI 11.93
-DI 38.41
Chandelier Exit (Long, 3 ATRs ) 27.80
Chandelier Exit (Short, 3 ATRs ) 27.31
Upper Bollinger Band 31.02
Lower Bollinger Band 23.47
Percent B (%b) -0.03
BandWidth 27.70
MACD Line -1.90
MACD Signal Line -1.61
MACD Histogram -0.2859
Fundamentals Value
Market Cap 3.96 Billion
Num Shares 170 Million
EPS 0.39
Price-to-Earnings (P/E) Ratio 59.54
Price-to-Sales 2.06
Price-to-Book 54.86
PEG Ratio 0.02
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.19
Resistance 3 (R3) 28.97 26.78 28.21
Resistance 2 (R2) 26.78 25.27 26.89 27.88
Resistance 1 (R1) 25.03 24.35 25.91 25.25 27.55
Pivot Point 22.84 22.84 23.28 22.95 22.84
Support 1 (S1) 21.09 21.33 21.97 21.31 19.01
Support 2 (S2) 18.90 20.41 19.01 18.68
Support 3 (S3) 17.15 18.90 18.36
Support 4 (S4) 17.37