Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $55.8800 (6.8%) ($51.3300 - $55.9900) on Tue. Jul. 14, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 6.6% (three month average) | RSI | 77 | Latest Price | $55.8800(6.8%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 2% a day on average for past five trading days. | Weekly Trend | ENPH advances 9.3% 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(63%) IWO(59%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -3.3% in a week (0% probabilities). VIXM(-24%) 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 | -3.3% (StdDev 6.6%) | Hourly BBV | 0 () | Intraday Trend | 5.8% | | | |
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5 Day Moving Average | $54.87(1.84%) | 10 Day Moving Average | $52.23(6.99%) | 20 Day Moving Average | $49.27(13.42%) | To recent high | -16.6% | To recent low | 57.4% | Market Cap | $7.04b | | | | 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. |