Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $158.1450 (2.45%) ($158.1450 - $158.9000) on Wed. Sep. 22, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.75% (three month average) | RSI | 29 | Latest Price | $158.1450(2.45%) | 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 -4.4% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(82%) IWO(58%) TAN(57%) IWM(54%) ACES(53%) | Factors Impacting ENPH price | ENPH will decline at least -1.375% in a week (0% probabilities). VIXM(-22%) IGOV(-10%) UUP(-9%) TBT(-9%) VXX(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.375% (StdDev 2.75%) | Hourly BBV | 1.7 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $148.49(-6.11%) | Resistance Level | $164.84 | 5 Day Moving Average | $156.51(1.04%) | 10 Day Moving Average | $157.47(0.43%) | 20 Day Moving Average | $164.84(-4.06%) | To recent high | -18.6% | To recent low | 3.9% | Market Cap | $19.923b | | | | 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. |