Click the following link to see a daily chart of SUNW
since November 2005 with 20-day moving average: http://www.
Scanning the sentiment data listed above, you can see that there is really only one thing going for SUNW right at the moment.
0 and hazard a guess that the path of least resistance for SUNW lies to the downside.
These long-term trendlines seem to have a lot of influence on SUNW at the moment.
Click on the following link to access a Daily Chart of SUNW Since August 2005: http://www.
has lost more than three percent so far today, as traders have reacted rather negatively to the news.
SUNW was tagged with another blight on its usually bright surface today when a Bernstein analyst slashed the tech stock to "underperform" from "market perform.
On the sentiment front, SUNW has garnered many naysayers.
The number of SUNW shares sold short declined by three percent in December, leaving investors with less than one day to cover their bearish bets.
Wall Street tends to agree with the options group, Zacks reports that 14 (or 88 percent) of the 16 analysts covering SUNW rate it a "hold" or worse.
SUNW is seeing a technical breakdown in today's trading, slipping beneath its rising 10-day and 20-day moving averages, which had acted as support for the security since mid-August.
One other bit of information to be aware of is that SUNW is slated to report earnings on October 14, according to Zacks.