Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $309.6000 (-7.72%) ($309.6000 - $309.6000) on Tue. Dec. 6, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.79% (three month average) | RSI | 56 | Latest Price | $309.6000(-7.72%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.4% a day on average for past five trading days. | Weekly Trend | ENPH advances 2.4% 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(79%) IWO(54%) IWM(53%) IWC(50%) IWN(50%) | Factors Impacting ENPH price | ENPH will decline at least -1.895% in a week (0% probabilities). XLU(-15%) XLP(-13%) XLC(-11%) URA(-10%) TBT(-9%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.895% (StdDev 3.79%) | Hourly BBV | -1.6 () | Intraday Trend | 0% | | | |
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Resistance Level | $310.11 | 5 Day Moving Average | $322.88(-4.11%) | 10 Day Moving Average | $318.68(-2.85%) | 20 Day Moving Average | $310.11(-0.16%) | To recent high | -7.7% | To recent low | 30.1% | Market Cap | $39.003b | | | | 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. |