Where Will Maxeon Solar Technologies Ltd (MAXN) Stock Go Next After It Has Risen 10.71% in a Week?

Overall market sentiment has been down on Maxeon Solar Technologies Ltd (MAXN) stock lately. MAXN receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Maxeon Solar Technologies Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MAXN!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With MAXN Stock Today?

Maxeon Solar Technologies Ltd (MAXN) stock is trading at $5.27 as of 9:51 AM on Wednesday, Feb 14, a rise of $0.23, or 4.67% from the previous closing price of $5.03. The stock has traded between $5.15 and $5.31 so far today. Volume today is less active than usual. So far 100,588 shares have traded compared to average volume of 2,173,847 shares. To screen for more stocks like Maxeon Solar Technologies Ltd click here.

More About Maxeon Solar Technologies Ltd

Maxeon Solar Technologies Ltd is engaged in the design, manufacture, and distribution of solar products. The product portfolio includes SunPower Maxeon Panels and SunPower Performance Panels. Geographically, it derives revenue from the U.S., France, China, Italy and Rest of the world. Click Here to get the full Stock Report for Maxeon Solar Technologies Ltd stock.