SPWR Crosses Below Key Moving Average Level

By MarketNewsVideo.com,

Shutterstock photo

In trading on Tuesday, shares of SunPower Corp (Symbol: SPWR) crossed below their 200 day moving average of $33.11, changing hands as low as $32.83 per share. SunPower Corp shares are currently trading off about 2.1% 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 $20.57 per share, with $42.07 as the 52 week high point - that compares with a last trade of $33.26.

According to the ETF Finder at ETF Channel, SPWR makes up 5.27% of the Solar Energy ETF (Symbol: KWT) which is trading higher by about 2.5% 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.

This article appears in: Investing Investing Ideas
Referenced Stocks: SPWR , KWT

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