Following these proceedings, Maxim Group initiated its SPI Energy Co Ltd [SPI] rating to a Buy in a research note published on September 27, 2021; the price target was $12.
Price Performance Review of SPI
On Tuesday, SPI Energy Co Ltd [NASDAQ:SPI] saw its stock fall -10.42% to $0.77. Over the last five days, the stock has gained 78.14%. SPI Energy Co Ltd shares have risen nearly 98.60% since the year began. Nevertheless, the stocks have risen 5.09% over the past one year. While a 52-week high of $1.75 was reached on 01/07/25, a 52-week low of $0.27 was recorded on 01/03/25. SMA at 50 days reached $0.3951, while 200 days put it at $0.4439.
Levels Of Support And Resistance For SPI Stock
The 24-hour chart illustrates a support level at 0.5440, which if violated will result in even more drops to 0.3220. On the upside, there is a resistance level at 1.1740. A further resistance level may holdings at 1.5820. The Relative Strength Index (RSI) on the 14-day chart is 69.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2728, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.34%. Stochastics %K at 31.88% indicates the stock is a holding.
How much short interest is there in SPI Energy Co Ltd?
A steep rise in short interest was recorded in SPI Energy Co Ltd stocks on 2024-12-31, growing by 0.99 million shares to a total of 1.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 63455.0 shares. There was a rise of 93.96%, which implies that there is a positive sentiment for the stock.
