SPWR 2020-10-07 Technical Analysis and Forecast


SPWR Report

Sample Size: 2 (Small Sample Size, not statistically significant); Percent Error: 10%

Current Trend Performance

SPWR is 0.0% from monthly high, 46.16% from monthly low, 30.9% from 10 day simple moving average, 46.38% from 20 day simple moving average, and 49.56% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 18.12, the lows are 17.33, and the median is 17.73. 100.0% to increase between 0% - 6.34%.
Day 2:
The highs are 18.83, the lows are 17.33, and the median is 18.08. 50.0% to increase between 0% - 6.34%. 50.0% to increase between 6.34% - 12.68%.
Day 3:
The highs are 19.44, the lows are 17.33, and the median is 18.38. 50.0% to increase between 0% - 6.34%. 50.0% to increase between 6.34% - 12.68%.
Day 4:
The highs are 19.15, the lows are 17.33, and the median is 18.24. 100.0% to increase between 6.34% - 12.68%.
Day 5:
The highs are 19.34, the lows are 17.33, and the median is 18.34. 100.0% to increase between 6.34% - 12.68%.
Day 6:
The highs are 19.21, the lows are 17.33, and the median is 18.27. 50.0% to increase between 0% - 6.34%. 50.0% to increase between 6.34% - 12.68%.
Day 7:
The highs are 19.82, the lows are 16.52, and the median is 18.17. 33.33% to decrease between -6.34% - 0%. 33.33% to increase between 6.34% - 12.68%. 33.33% to increase between 12.68% - 19.02%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 16.23 and 17.33. There is possible resistance range between 18.43 and 18.43. Areas of uncertainty are beyond 15.2 and beyond 17.51. Minimum movement range is 6.34%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.