Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $245.7400 (1.49%) ($238.3500 - $245.7400) on Fri. Jan. 13, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.61% (three month average) | RSI | 19 | Latest Price | $245.7400(1.49%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 1% a day on average for past five trading days. | Weekly Trend | ENPH declines -7.9% a week on average for past two weeks. | Market Behavior | Normal for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) TAN(80%) ICLN(79%) IWM(53%) IWO(53%) IWC(50%) | Factors Impacting ENPH price | ENPH will decline at least -1.805% in a week (0% probabilities). VIXM(-24%) UUP(-17%) TBT(-12%) VXX(-6%) BNDX(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.805% (StdDev 3.61%) | Hourly BBV | 1.3 () | Intraday Trend | 0% | | | |
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Resistance Level | $266.69 | 5 Day Moving Average | $236.91(3.73%) | 10 Day Moving Average | $242.41(1.37%) | 20 Day Moving Average | $266.69(-7.86%) | To recent high | -26.8% | To recent low | 7.8% | Market Cap | $30.958b | | | | 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. |