Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $66.8700 (-8.18%) ($65.8900 - $70.1900) on Thu. Sep. 17, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.65% (three month average) | RSI | 43 | Latest Price | $66.8700(-8.18%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.2% a day on average for past five trading days. | Weekly Trend | ENPH declines -4.6% 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(81%) TAN(67%) ACES(62%) IWO(59%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -2.325% in a week (0% probabilities). VIXM(-22%) UUP(-9%) TBT(-8%) VXX(-6%) EDOC(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.325% (StdDev 4.65%) | Hourly BBV | 0 () | Intraday Trend | -4.2% | | | |
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Resistance Level | $71.47 | 5 Day Moving Average | $69.29(-3.49%) | 10 Day Moving Average | $68.01(-1.68%) | 20 Day Moving Average | $71.47(-6.44%) | To recent high | -15% | To recent low | 71.3% | Market Cap | $8.424b | | | | 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. |