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Ex-Dividend Reminder: Brooks Automation, Valvoline and Sealed Air
Tuesday, November 28, 10:34 AM ET, by Market News Video Staff

On 11/30/17, Brooks Automation Inc (BRKS), Valvoline Inc (VVV), and Sealed Air Corp (SEE) will ...

SPWR Crosses Below Key Moving Average Level
Friday, December 1, 11:42 AM ET, by Market News Video Staff

In trading on Friday, shares of SunPower Corp (SPWR) crossed below their 200 day moving ...

Brooks Automation is Now Oversold (BRKS)
Friday, December 1, 4:32 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Noteworthy Monday Option Activity: IMKTA, SPWR, ADS
Monday, December 11, 3:26 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

Commit To Purchase SunPower Corp At $5, Earn 9.8% Using Options
Thursday, December 21, 11:35 AM ET, by Market News Video Staff

Investors eyeing a purchase of SunPower Corp (SPWR) shares, but cautious about paying the going ...

SunPower Corp Enters Oversold Territory (SPWR)

By Market News Video Staff, Tuesday, December 13, 1:37 PM ET
Play Video: Learn About The RSI

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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In trading on Tuesday, shares of SunPower Corp (NASDAQ:SPWR) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $6.24 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 49.4. A bullish investor could look at SPWR's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of SPWR shares:

SunPower Corp 1 Year Performance Chart

Looking at the chart above, SPWR's low point in its 52 week range is $6.24 per share, with $23.36 as the 52 week high point that compares with a last trade of $6.29. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, SPWR makes up 2.26% of the Solar Energy ETF (AMEX:KWT) which is trading lower by about 0.2% on the day Tuesday.

See what other ETFs contain SPWR
See what other stocks are held by KWT

SPWR operates in the Semiconductors sector, among companies like Brooks Automation Inc (NASDAQ:BRKS) which is up about 1.1% today and has a current RSI reading of 52.9. Below is a three month price history chart comparing the stock performance of SPWR, versus BRKS.

SPWR,BRKS Relative Performance Chart


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