Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $123.1000 (4.24%) ($123.1000 - $123.1000) on Tue. May. 18, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.33% (three month average) | RSI | 27 | Latest Price | $123.1000(4.24%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.3% a day on average for past five trading days. | Weekly Trend | ENPH declines -7.2% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(81%) TAN(59%) IWO(57%) ACES(55%) IPO(54%) | Factors Impacting ENPH price | ENPH will decline at least -2.665% in a week (0% probabilities). VIXM(-23%) TBT(-9%) UUP(-8%) VXX(-4%) IGOV(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.665% (StdDev 5.33%) | Hourly BBV | 1.4 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $99.92(-18.83%) | Resistance Level | $135.16 | 5 Day Moving Average | $118.81(3.61%) | 10 Day Moving Average | $120.34(2.29%) | 20 Day Moving Average | $135.16(-8.92%) | To recent high | -35.2% | To recent low | 6.7% | Market Cap | $15.508b | | | | 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. |