Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $132.9800 (-4.89%) ($132.9800 - $132.9800) on Thu. Feb. 3, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.8% (three month average) | RSI | 41 | Latest Price | $132.9800(-4.89%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 1.9% a day on average for past five trading days. | Weekly Trend | ENPH declines -0.2% a week on average for past two weeks. | Market Behavior | Broad based sell-off 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(83%) IWO(60%) IWM(57%) IWC(55%) IPO(54%) | Factors Impacting ENPH price | ENPH will decline at least -1.9% in a week (0% probabilities). VIXM(-21%) UUP(-10%) TBT(-8%) VXX(-1%) UNG(1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.9% (StdDev 3.8%) | Hourly BBV | -1.6 () | Intraday Trend | 0% | | | |
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Resistance Level | $136.21 | 5 Day Moving Average | $136.05(-2.26%) | 10 Day Moving Average | $130.23(2.11%) | 20 Day Moving Average | $136.21(-2.37%) | To recent high | -50.3% | To recent low | 10.8% | Market Cap | $16.753b | | | | 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. |