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Technical Analysis
- 11/18/2009 8:56:11 AM
By Chip Brian, SmarTrend Analytics Team
Sunpower Corporation (NASDAQ: SPWRA) downgraded to Neutral at Janney Montgomery Scott. The stock closed yesterday at $22.19 on volume of 18,314,300 shares, above average daily volume of 2,505,695.
SunPower is currently below its 50-day moving average of $29.26 and below its 200-day moving average of $27.90.
SmarTrend is bearish on shares of SPWRA and our subscribers received a Downtrend alert on November 17, 2009 at $22.32, which has returned 0.6% to date.
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