SPWR Makes Notable Cross Below Critical Moving Average


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In trading on Tuesday, shares of SunPower Corp (Symbol: SPWR) crossed below their 200 day moving average of $8.28, changing hands as low as $8.01 per share. SunPower Corp shares are currently trading down about 6.4% on the day. The chart below shows the one year performance of SPWR shares, versus its 200 day moving average: SunPower Corp 200 Day Moving Average Chart

Looking at the chart above, SPWR’s low point in its 52 week range is $5.84 per share, with $11.70 as the 52 week high point – that compares with a last trade of $8.16. According to the ETF Finder at ETF Channel, SPWR makes up 4.35% of the Guggenheim Solar ETF (Symbol: TAN) which is trading lower by about 0.7% on the day Tuesday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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