Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $19.1900 (3.12%) ($18.2200 - $19.3600) on Tue. Nov. 19, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.04% (three month average) | RSI | 53 | Latest Price | $19.1900(3.12%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.1% a day on average for past five trading days. | Weekly Trend | ENPH advances 0.9% a week on average for past two weeks. | Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(78%) TAN(71%) ACES(65%) IWO(59%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -2.52% in a week (0% probabilities). VIXM(-33%) VXX(-13%) UUP(-6%) IGOV(-2%) TLT(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.52% (StdDev 5.04%) | Hourly BBV | 0 () | Intraday Trend | 2.3% | | | |
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Resistance Level | $20.04 | 5 Day Moving Average | $19.01(0.95%) | 10 Day Moving Average | $18.77(2.24%) | 20 Day Moving Average | $20.04(-4.24%) | To recent high | -44.9% | To recent low | 6.9% | Market Cap | $2.418b | | | | 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. |