Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $69.4100 (-1.22%) ($67.5300 - $70.9800) on Thu. Sep. 24, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.21% (three month average) | RSI | 54 | Latest Price | $69.4100(-1.22%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.7% a day on average for past five trading days. | Weekly Trend | ENPH advances 2.6% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(81%) TAN(67%) ACES(62%) IWO(58%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -2.105% in a week (0% probabilities). VIXM(-22%) UUP(-9%) TBT(-8%) VXX(-6%) DRIV(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.105% (StdDev 4.21%) | Hourly BBV | 0 () | Intraday Trend | 0.1% | | | |
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Resistance Level | $70.53 | 5 Day Moving Average | $70.18(-1.1%) | 10 Day Moving Average | $69.78(-0.53%) | 20 Day Moving Average | $70.53(-1.59%) | To recent high | -11.8% | To recent low | 53.2% | Market Cap | $8.744b | | | | 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. |