Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $123.5900 (-0.62%) ($123.5900 - $123.5900) on Fri. Oct. 13, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.72% (three month average) | RSI | 54 | Latest Price | $123.5900(-0.62%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.7% a day on average for past five trading days. | Weekly Trend | ENPH advances 2.2% 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) TAN(89%) ICLN(86%) IWM(74%) IWN(74%) IWO(73%) | Factors Impacting ENPH price | ENPH will decline at least -1.36% in a week (0% probabilities). TBT(-29%) UUP(-22%) VXX(-18%) EDOC(-14%) VIXM(-13%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.36% (StdDev 2.72%) | Hourly BBV | -1.4 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $124.52(-0.75%) | 10 Day Moving Average | $120.85(2.27%) | 20 Day Moving Average | $120.8(2.31%) | To recent high | -35.3% | To recent low | 8.3% | Market Cap | $15.57b | | | | 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. |