Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $212.7800 (6.62%) ($212.7800 - $214.5000) on Thu. Jan. 21, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.25% (three month average) | RSI | 70 | Latest Price | $212.7800(6.62%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.9% a day on average for past five trading days. | Weekly Trend | ENPH advances 5.1% a week on average for past two weeks. | Market Behavior | Rotation from value to growth 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(64%) ACES(59%) IWO(59%) IPO(56%) | Factors Impacting ENPH price | ENPH will decline at least -2.125% in a week (0% probabilities). VIXM(-24%) UUP(-9%) TBT(-9%) VXX(-6%) UNG(1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.125% (StdDev 4.25%) | Hourly BBV | 2.2 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $202.61(5.02%) | 10 Day Moving Average | $204.44(4.08%) | 20 Day Moving Average | $192.53(10.52%) | To recent high | -0.5% | To recent low | 116.9% | Market Cap | $26.806b | | | | 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. |