Trading Signals: ENPH Stock Price Prediction and Forecast

^ ENPH: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Oct. 17, 2023

Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)

(Enphase Energy, Inc.)
ENPH latest price $129.6700 (1.57%) ($129.6700 - $129.6700) on Tue. Oct. 17, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.57% (three month average)
RSI   63
Latest Price   $129.6700(1.57%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ENPH advances 0.6% a day on average for past five trading days.
Weekly Trend   ENPH advances 3.8% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally 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 -1.285% in a week (0% probabilities).
TBT(-30%)    UUP(-22%)    VXX(-18%)    VIXM(-12%)    DRIV(5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.285% (StdDev 2.57%)
Hourly BBV 1.2 ()
Intraday Trend 0%

5 Day Moving Average   $126.83(2.24%)
10 Day Moving Average   $123.53(4.97%)
20 Day Moving Average   $121.75(6.51%)
To recent high   -32.1%
To recent low   13.6%
Market Cap   $16.336b

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.

$. ENPH price fluctuates within 3.4% (three month std-dev: 2.57%) daily (68% of days).

Sample size 50 Average positive next day return: 1.67%(52%) Average negative next day return: -2.18%(48%) Sample size 50 Average positive next three day return: 3.29%(58%) Average negative next three day return: -3.66%(42%) Sample size 50 Average positive next weekly return: 4.44%(58%) Average negative next weekly return: -5.49%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231117

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Oct_17_2023	146.84	121.75	123.53	126.83	126.32	128.67	129.67(1.57%)	UT	OpenLong	75	0.7	78	120	66	114	3.17	34%	-0.12	43.5	2.57%	1.2	1.9	63	0.5
2	Oct_16_2023	147.02	121.34	121.99	126.09	126.11	125.63	127.67(3.3%)	UT	OpenLong	75	0.4	55	-30	44	86	2.62	34%	-0.26	41.1	2.75%	2.5	1.7	62	0.8
3	Oct_13_2023	147.41	120.8	120.85	124.52	125.7	123.98	123.59(-0.62%)	N/A	N/A	0	-0.3	-16	-70	-33	34	2.48	31%	-0.29	25.9	2.72%	-1.4	0.8	54	-1.3
4	Oct_12_2023	147.84	120.61	120.51	123.63	124.76	126.6	124.36(-3.47%)	UD	OpenLong	75	0.2	18	130	9	44	2.8	36%	-0.28	19.7	2.72%	-1.3	1.1	57	0.3
5	Oct_11_2023	148.25	120.48	120.05	122.01	123.44	127.42	128.84(2.25%)	UT	OpenLong	75	2	113	260	128	67	3.43	37%	-0.24	7.1	2.78%	1.1	2.5	53	0.4

6	Oct_10_2023	148.6	119.97	119.05	119.73	120.3	122.91	126(5.14%)	UT	OpenLong	75	2.2	82	170	100	26	3.89	41%	-0.28	-18.5	2.76%	1.4	2.1	50	0.2
7	Oct_9_2023	149.01	119.78	118.27	117.36	118.17	119.47	119.83(0.6%)	N/A	N/A	0	0.9	33	100	51	-23	2.55	38%	-0.29	-52.9	2.78%	1.2	0	45	-0.1
8	Oct_6_2023	149.45	119.88	118.31	116.69	116.75	117.69	119.11(2.44%)	N/A	N/A	0	0.9	6	60	20	-37	2.8	38%	-0.31	-70.1	2.81%	1.7	-0.3	55	-0.7
9	Oct_5_2023	149.91	119.93	118.33	116.99	116.09	116.87	116.27(-1.01%)	DT	HoldShort	-50	-0.3	-9	20	3	-43	3.09	38%	-0.33	-78.1	2.8%	1.2	-1.4	45	-0.7
10	Oct_4_2023	150.41	120.24	119.16	117.77	117.16	115.81	117.46(2.9%)	DP	OpenShort	-75	-0.1	-9	-100	-1	-33	4.5	38%	-0.3	-82.5	2.81%	0.9	-1.1	43	-1

11	Oct_3_2023	150.86	120.52	119.83	118.26	117.84	115.32	114.15(-2%)	DT	OpenShort	-75	-1.4	-73	-160	-79	-53	4.44	35%	-0.38	-78.6	2.8%	-1	-2.2	44	-2.1
12	Oct_2_2023	151.43	121.19	120.71	119.24	119.29	118.52	116.48(-3.39%)	DT	OpenShort	-75	-1.1	-42	-40	-45	-31	2.75	35%	-0.35	-75.5	2.8%	-1.7	-1.8	41	-1.1
13	Sep_29_2023	151.96	121.77	120.87	120.07	119.93	120.37	120.57(0.32%)	N/A	N/A	0	0.2	2	20	6	-10	2.25	41%	-0.28	-57.3	2.87%	0	-0.4	48	-1.3
14	Sep_28_2023	152.38	122.07	120.84	119.86	119.95	120.06	120.18(0.2%)	N/A	N/A	0	0.1	2	10	6	-12	2.97	41%	-0.28	-49.6	2.88%	0.6	-0.6	52	-0.9
15	Sep_27_2023	152.81	122.44	121.04	120.82	119.78	119.5	119.94(0.75%)	DP	OpenShort	-75	-0.3	-22	-40	-24	-15	2.43	41%	-0.25	-42.4	2.88%	0.9	-0.8	47	-1.6

16	Sep_26_2023	153.2	122.86	121.03	121.71	121.04	119.84	119.05(-1.31%)	DT	OpenShort	-75	-0.8	-19	-90	-22	-11	2.04	41%	-0.3	-32.6	2.88%	-1.3	-1.1	45	-3
17	Sep_25_2023	153.66	123.16	121.44	122.41	122.38	120.07	120.63(0.94%)	DP	OpenShort	-75	-0.5	-34	-130	-39	-18	2.39	41%	-0.26	-35.2	2.88%	-0.8	-0.8	40	-1.5
18	Sep_22_2023	154.06	123.35	121.6	121.72	122.85	122.24	119.51(-4.36%)	DT	OpenShort	-75	-0.7	-38	-10	-39	-34	3.37	41%	-0.25	-50.6	2.88%	-1.8	-1.2	38	-1
19	Sep_21_2023	154.44	123.53	121.68	121.85	122.4	124.68	124.96(0.45%)	RB	SmallLong	20	1	24	140	37	-14	3.19	44%	-0.21	-64.3	2.86%	0.8	0.5	46	-0.9
20	Sep_20_2023	154.76	123.78	121.37	121.31	121.19	123.46	124.41(1.54%)	RB	SmallLong	20	0.9	49	130	70	-15	3.95	41%	-0.19	-65.5	2.87%	1	0.2	43	-0

21	Sep_19_2023	155.05	123.96	121.17	120.35	120.66	120.11	122.52(4.54%)	N/A	N/A	0	0.6	9	-20	28	-49	4.98	41%	-0.26	-78.2	2.92%	1.1	-0.4	39	0.9
22	Sep_18_2023	155.46	124.33	121.61	120.46	119.86	118.92	117.2(-2.45%)	DT	OpenShort	-75	-0.9	-65	-70	-60	-81	3	37%	-0.31	-82.4	2.87%	-1.4	-1.9	39	1
23	Sep_15_2023	155.94	124.99	122.69	121.47	121.22	121.21	120.14(-1.74%)	DT	HoldShort	-50	-0.4	-9	-10	2	-42	2.06	37%	-0.29	-86.2	2.87%	-1	-1.3	44	1
24	Sep_14_2023	156.4	125.55	123.36	121.41	121.74	120.81	122.27(2.23%)	DP	OpenShort	-75	0.2	-10	-50	-1	-38	2.85	37%	-0.26	-91.8	2.87%	0.5	-0.9	51	1.5
25	Sep_13_2023	156.81	126.08	123.9	121.42	121.14	121.23	119.6(-2.85%)	DT	OpenShort	-75	-0.5	-40	-0	-34	-56	3.53	37%		-92.6	2.87%	-2	-1.7	34	1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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