Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $23.7500 (1.28%) ($22.7800 - $24.1700) on Mon. Oct. 7, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.68% (three month average) | RSI | 45 | Latest Price | $23.7500(1.28%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 1.4% a day on average for past five trading days. | Weekly Trend | ENPH declines -7.4% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(77%) TAN(70%) ACES(64%) IWO(58%) IBUY(53%) | Factors Impacting ENPH price | ENPH will decline at least -2.84% in a week (0% probabilities). VIXM(-32%) VXX(-13%) UUP(-5%) TLT(-2%) IGOV(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.84% (StdDev 5.68%) | Hourly BBV | 0 () | Intraday Trend | 0.3% | | | |
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1 - 5 Day Possible Target | $8.55(-64%) | Resistance Level | $23.9 | 5 Day Moving Average | $22.65(4.86%) | 10 Day Moving Average | $23.07(2.95%) | 20 Day Moving Average | $23.9(-0.63%) | To recent high | -31.8% | To recent low | 21.9% | Market Cap | $2.992b | | | | 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. |