PROG Holdings' Bollinger Bands Narrowing and KDJ Death Cross Suggest Caution

PROG Holdings' 15-minute chart is currently exhibiting a narrowing of Bollinger Bands and a KDJ Death Cross, which occurred at 09/30/2025 15:00. This suggests that the magnitude of stock price fluctuations is decreasing, and the momentum of the stock price is shifting towards the downside, with potential for further decreases.

Maxeon Solar Technologies (MAXN), a prominent player in the renewable energy sector, has been facing significant financial challenges and market uncertainties in recent quarters. The company's stock price has been volatile, with notable declines in revenue and increased losses, primarily due to U.S. Customs & Border Protection (CBP) restrictions on its solar panel imports. This has led to a series of strategic changes and restructuring efforts aimed at stabilizing the company's financial position.

In the first half of 2025, Maxeon Solar Technologies reported a revenue of $39 million, a significant drop from the previous year, with a gross loss of $14.8 million and a net loss of $65.5 million . The company's shipments declined dramatically, with solar panel shipments falling to 153.2 MW from 1,014 MW in the previous year. Maxeon has filed a complaint with the U.S. Court of International Trade challenging CBP's decision and is evaluating strategic alternatives in light of the recently enacted H.R. 1 legislation.

In response to these challenges, Maxeon has implemented restructuring initiatives, including discussions with controlling shareholder TZE to reduce outstanding liabilities and exploring non-U.S. asset monetization opportunities. The company has also suspended providing financial guidance due to ongoing restructuring and market uncertainties.

Maxeon Solar Technologies has been focusing on strategic changes to concentrate on the U.S. market. The company has completed asset sales of non-U.S. operations, generating approximately $94 million in proceeds, and has secured a five-year lease for a 2 GW capacity facility in Albuquerque, New Mexico, planning to begin solar panel manufacturing in early 2026. Additionally, Maxeon has reached an agreement-in-principle with TCL Group to sell its EMEA, APAC, and LATAM operations, including its Philippines manufacturing facilities [^4, 5].

The company's stock price has been volatile, with the stock trading at $3.55 as of September 29, 2025, and a market cap of approximately $59.8 million Maxeon Solar Stock Price, News & Analysis^[1]. The stock has faced potential delisting due to its closing bid price falling below $0.10 for ten consecutive trading days, prompting the company to submit a hearing request and implement a reverse stock split to address this issue .

Maxeon's leadership transition, with Bill Mulligan stepping down as CEO and George Guo taking over, has brought a new perspective to the company's strategic direction. Guo, with nearly 40 years of experience in technology leadership, aims to improve efficiency, reduce costs, and enhance product value to position Maxeon as a preferred solar solutions partner.

In summary, Maxeon Solar Technologies is navigating through a challenging period, with significant financial losses and market uncertainties. The company's strategic focus on the U.S. market and restructuring efforts aim to stabilize its financial position and position it for future growth in the renewable energy sector.