Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $126.9000 (-0.84%) ($126.9000 - $126.9000) on Thu. Aug. 31, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.91% (three month average) | RSI | 37 | Latest Price | $126.9000(-0.84%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.7% a day on average for past five trading days. | Weekly Trend | ENPH declines -2.9% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) TAN(87%) ICLN(83%) ACES(70%) IWM(70%) IWN(70%) | Factors Impacting ENPH price | ENPH will decline at least -1.455% in a week (0% probabilities). TBT(-26%) UUP(-24%) VXX(-21%) VIXM(-19%) IGOV(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.455% (StdDev 2.91%) | Hourly BBV | -0.9 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $120.67(-4.91%) | Resistance Level | $131.38 | 5 Day Moving Average | $126.54(0.28%) | 10 Day Moving Average | $127.45(-0.43%) | 20 Day Moving Average | $131.38(-3.41%) | To recent high | -33.6% | To recent low | 3.5% | Market Cap | $15.987b | | | | 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. |