Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $151.8300 (-0.72%) ($150.9000 - $151.8300) on Wed. Apr. 14, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.3% (three month average) | RSI | 54 | Latest Price | $151.8300(-0.72%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.3% a day on average for past five trading days. | Weekly Trend | ENPH advances 1.2% a week on average for past two weeks. | Market Behavior | Rotation from growth to value 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(60%) IWO(56%) ACES(55%) IPO(53%) | Factors Impacting ENPH price | ENPH will decline at least -2.65% in a week (0% probabilities). VIXM(-22%) TBT(-8%) UUP(-7%) VXX(-4%) UNG(1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.65% (StdDev 5.3%) | Hourly BBV | 0.2 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $153.39 | 5 Day Moving Average | $152.13(-0.2%) | 10 Day Moving Average | $154.15(-1.51%) | 20 Day Moving Average | $153.39(-1.02%) | To recent high | -28.6% | To recent low | 14.9% | Market Cap | $19.127b | | | | 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. |