- Volatility is at a recent 2 week low. A recent low volatility of stock movement within a box range could trigger break through when activities pick up.
- A moving average of short volume ratio is at a recent 2 week low. A lower short volume ratio could be a bullish signal.
- RSI is at a high level of 74. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 0.3. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
CNX Resources (CNX) prices $500 million of 6% senior notes. The proceeds from the same are going to be used for the company's general corporate purposes.
SunPower Corporation (NASDAQ:SPWR) (the "Company" or "SunPower") today announced a tender offer (the "Offer") to purchase any and all of its outstanding 0.875% Convertible Senior Debentures due 2021 (CUSIP No. 867652 AJ8) (the "Convertible Debentures"). As of November 23, 2020, there were $301,583,000 aggregate principal amount of the Convertible Debentures outstanding.
Solar ETF sizzling following a potential Joe Biden win in the election and strong Q3 earnings.
The sun is shining brightly on solar stock investors Wednesday, with shares of solar panel installer SunPower (NASDAQ: SPWR), solar module-maker JinkoSolar Holding (NYSE: JKS), and solar inverter inventor Enphase Energy (NASDAQ: ENPH) all soaring more than 10% in morning trading. As of 12:45 p.m. EST, SunPower stock was still up 9.8%, Jinko was up 11.2%, and Enphase was up 9.1%. None of the usual catalysts for big, 10%-plus stock moves are apparent today -- no analysts are upgrading solar stoc...
No blue wave under a possible Biden presidency may make it harder to pivot towards a greener economy — keeping fossil fuels around for longer, says one oil analyst. “The president, if it is indeed Biden, he could scale back drilling on public lands — that is a possibility. There’s other measures that he could take to stop the progress of fossil fuels ... but in general, green energy will struggle with a Republican Senate ” said Bob Yawger director of energy futures at Mizuho Securities.
Election Week 2020 dragged on as of Thursday afternoon, and America still hadn't quite figured out who will be the next president. One thing we do seem to have figured out: We still like solar stocks. At 11:50 a.m. EST today, shares of solar inverter producer SolarEdge Technologies (NASDAQ: SEDG) were up a solid 12.9%, while solar module maker Canadian Solar (NASDAQ: CSIQ) had gained 13.1%, and the stock of solar installer SunPower (NASDAQ: SPWR) was ahead by 16.7%.
Is (SPWR) Outperforming Other Oils-Energy Stocks This Year?