After completing its last trading session, SunPower Corporation (NASDAQ:SPWR) dropped by -0.4% – here is what that looked like (as of 2019-12-11):
Why are these moves happning?? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 50.329, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.528, an Accumulation/Distribution Index (ADI) of 0.528, an On-Balance Volume (OBV) of 46.14, and a Chaiikin Money Flow (CMF) of 7.23. 4.4
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
So there you have it – our analysis of SunPower Corporation (NASDAQ:SPWR). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.
2335 Holt Street, SAINT CROIX IN 47576