Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $47.4500 (4.75%) ($45.2100 - $47.9000) on Mon. Jun. 29, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 7.03% (three month average) | RSI | 47 | Latest Price | $47.4500(4.75%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.8% a day on average for past five trading days. | Weekly Trend | ENPH declines -3.3% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(81%) TAN(68%) ACES(62%) IWO(58%) IBUY(54%) | Factors Impacting ENPH price | ENPH will decline at least -3.515% in a week (0% probabilities). VIXM(-23%) UUP(-10%) VXX(-7%) TBT(-7%) IYT(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -3.515% (StdDev 7.03%) | Hourly BBV | 0 () | Intraday Trend | 3.1% | | | |
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Resistance Level | $48.69 | 5 Day Moving Average | $46.14(2.84%) | 10 Day Moving Average | $46.05(3.04%) | 20 Day Moving Average | $48.69(-2.55%) | To recent high | -29.2% | To recent low | 65.4% | Market Cap | $5.978b | | | | 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. |