Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $24.2500 (2.11%) ($23.3000 - $24.4400) on Tue. Oct. 8, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.68% (three month average) | RSI | 46 | Latest Price | $24.2500(2.11%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 2.2% a day on average for past five trading days. | Weekly Trend | ENPH declines -6.2% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(77%) TAN(70%) ACES(64%) IWO(58%) IBUY(53%) | Factors Impacting ENPH price | ENPH will decline at least -2.84% in a week (0% probabilities). VIXM(-32%) VXX(-13%) UUP(-5%) TLT(-2%) IGOV(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.84% (StdDev 5.68%) | Hourly BBV | 0 () | Intraday Trend | 2.5% | | | |
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5 Day Moving Average | $23.15(4.75%) | 10 Day Moving Average | $23.03(5.3%) | 20 Day Moving Average | $23.95(1.25%) | To recent high | -30.4% | To recent low | 24.5% | Market Cap | $3.055b | | | | Enphase Energy, Inc. engages in the design, development, manufacture, and sale of microinverter systems for the solar photovoltaic industry. Its products include IQ 7 Microinverter Series, IQ Battery, IQ Envoy, IQ Microinverter Accessories, IQ Envoy Accessories, and Enlighten & Apps. The company was founded by Raghuveer R. Belur and Martin Fornage in March 2006 and is headquartered in Fremont, CA. |