Question 1

What does the Stochastic Oscillator suggest about SPWRQ's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 12 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 2

What does MACD indicator imply for SPWRQ?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SPWRQ turned positive on August 15, 2024. Looking at past instances where SPWRQ's MACD turned positive, the stock continued to rise in 38 of 44 cases over the following month. The odds of a continued upward trend are 86%.

Question 3

What does a 3-day price advance indicate for SPWRQ?

Accepted Answer

Following a +35.76% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPWRQ advanced for three days, in 217 of 272 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.

Question 4

What does a 3-day decline signify for SPWRQ's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPWRQ declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 86%.

Question 5

How does the Aroon Indicator reflect on SPWRQ's trend?

Accepted Answer

The Aroon Indicator for SPWRQ entered a downward trend on September 17, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

SPWRQ Stock SunPower (SPWRQ, $0.07) Stochastic Oscillator left the oversold zone on August 29, 2024

SPWRQ's MACD Histogram just turned positive

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