Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Short Interest Moves 11.4% Lower For IRF
Thursday, September 12, 3:16 PM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 08/30/2013 ...

Snatch SUNE Even Cheaper Than Its Secondary?
Monday, September 16, 4:12 PM ET, by Market News Video Staff

Looking back to 3 days ago, SunEdison Inc (SUNE) priced a 30,000,000 share secondary stock ...

Oversold Conditions For Advanced Energy Industries Inc. (AEIS)
Tuesday, September 24, 4:30 PM ET, by Market News Video Staff

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

AEIS Crosses Above Key Moving Average Level
Wednesday, September 25, 12:23 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Advanced Energy Industries Inc. (AEIS) crossed above their 200 ...

Miss SUNE's $7.25 Offering But Think It's A Steal At $5.50?
Tuesday, October 15, 12:11 PM ET, by Market News Video Staff

Looking back to 32 days ago, SunEdison Inc (SUNE) priced a 30,000,000 share secondary stock ...

  More articles:  1 2 3 4 5 6 7 next »

Heaving Buying Triggers RSI Cross (SPWR)

By Market News Video Staff, Thursday, January 12, 4:27 PM ET
Play Video: Learn About The RSI


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Thursday, shares of SunPower Corp (NASDAQ:SPWR) entered into overbought territory, changing hands as high as $7.84 per share. We define overbought territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be overbought if the RSI reading rises above 70. In the case of SunPower Corp, the RSI reading has hit 72.5 by comparison, the RSI reading for the S&P 500 ETF (SPY) is presently 72.1.

Investors could look at SPWR's 72.5 reading as a sign that the recent heavy buying is overdue to take a break, which could bring a pullback in the stock. 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 $4.94 per share, with $23.36 as the 52 week high point that compares with a last trade of $7.78.

According to the ETF Finder at ETF Channel, SPWR makes up 4.06% of the Solar Energy ETF (AMEX:KWT) which is trading relatively unchanged on the day Thursday.

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

SPWR operates in the Semiconductors sector, among companies like International Rectifier Corp. (NYSE:IRF) which is off about 0.5% today and has a current RSI reading of 65.1. Below is a three month price history chart comparing the stock performance of SPWR, versus IRF.

SPWR,IRF Relative Performance Chart


Special Offer: Join the value investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation from Forbes


Top Six Most Viewed Stories This Week @ Market News Video:
S&P 500 Movers: PEG, PETMS&P 500 Movers: PEG, PETM
Channel: Large Cap Stocks
Related symbols: PEG,PETM
S&P 500 Movers: GNW, LOS&P 500 Movers: GNW, LO
Channel: Large Cap Stocks
Related symbols: GNW,LO
S&P 500 Movers: DAL, STZS&P 500 Movers: DAL, STZ
Channel: Large Cap Stocks
Related symbols: DAL,STZ
S&P 500 Movers: TSCO, NEMS&P 500 Movers: TSCO, NEM
Channel: Large Cap Stocks
Related symbols: TSCO,NEM
S&P 500 Movers: URBN, NFLXS&P 500 Movers: URBN, NFLX
Channel: Large Cap Stocks
Related symbols: URBN,NFLX
S&P 500 Movers: X, CS&P 500 Movers: X, C
Channel: Large Cap Stocks
Related symbols: X,C

This Article's Word Cloud:   AMEX   Corp   Definition   Dollars   ETFs   Finder   Index   Join   Relative   SPWR   Seven   Solar   Strength   SunPower   Thursday   Traded   above   among   break   case   chart   companies   could   heavy   high   history   momentum   operates   other   overbought   overdue   performance   point   reading   rises   scale   share   shares   stock   stocks   territory   that   trading   versus   week   what   which   with   year   zero
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Message Boards Stock Market Definitions
MNV

Heaving Buying Triggers RSI Cross (SPWR) | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.