Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $92.7050 (2.2%) ($92.7050 - $92.7050) on Fri. Nov. 17, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.1% (three month average) | RSI | 69 | Latest Price | $92.7050(2.2%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 3.4% a day on average for past five trading days. | Weekly Trend | ENPH advances 7.1% a week on average for past two weeks. | Market Behavior | Normal for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(94%) IWM(83%) IWN(83%) DRIV(82%) IWO(82%) | Factors Impacting ENPH price | ENPH will decline at least -2.05% in a week (0% probabilities). TBT(-37%) UUP(-28%) URA(8%) VXX(10%) IGOV(11%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.05% (StdDev 4.1%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $89.2(3.93%) | 10 Day Moving Average | $83.68(10.79%) | 20 Day Moving Average | $84.49(9.72%) | To recent high | -29.4% | To recent low | 22.8% | Market Cap | $11.679b | | | | 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. |