$SPWR SunPower Corporation Stock Robo Analyst October 17 2020 #SPWR

SunPower Corporation (SPWR) “On a long-term technical basis, the stock (SPWR) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 14.45 and 13.18. If the stock breaks down through support at 14.45 then it will probably continue lower to 13.18. The stock will meet resistance at 18.25 and 20.53. If the stock breaks up through resistance at 18.25 then it will probably continue higher to 20.53. The 200-day moving average is at 9.04. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (84.58).”