Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $250.5850 (-0.27%) ($250.5850 - $250.5850) on Wed. Jan. 18, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.57% (three month average) | RSI | 32 | Latest Price | $250.5850(-0.27%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 1.7% a day on average for past five trading days. | Weekly Trend | ENPH declines -3.4% 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) TAN(81%) ICLN(80%) IWM(54%) IWO(54%) IWD(51%) | Factors Impacting ENPH price | ENPH will decline at least -1.785% in a week (0% probabilities). VIXM(-24%) UUP(-17%) TBT(-13%) 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 | -1.785% (StdDev 3.57%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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Resistance Level | $261.29 | 5 Day Moving Average | $245.72(1.98%) | 10 Day Moving Average | $241.37(3.82%) | 20 Day Moving Average | $261.29(-4.1%) | To recent high | -25.3% | To recent low | 9.9% | Market Cap | $31.568b | | | | 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. |