Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $120.4250 (11.94%) ($120.4250 - $120.4250) on Thu. Dec. 14, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.57% (three month average) | RSI | 71 | Latest Price | $120.4250(11.94%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 2.6% a day on average for past five trading days. | Weekly Trend | ENPH advances 3.2% 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) ICLN(94%) XME(83%) ONLN(82%) ARKG(79%) DRIV(78%) | Factors Impacting ENPH price | ENPH will decline at least -2.285% in a week (0% probabilities). TBT(-35%) UUP(-17%) EDOC(-13%) URA(3%) SPLV(7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.285% (StdDev 4.57%) | Hourly BBV | 1.4 () | Intraday Trend | 0% | | | |
|
5 Day Moving Average | $106.87(12.68%) | 10 Day Moving Average | $107.44(12.09%) | 20 Day Moving Average | $103.01(16.91%) | To recent high | -7.1% | To recent low | 59.5% | Market Cap | $15.171b | | | | 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. |