Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $23.0400 (7.11%) ($21.3100 - $23.0900) on Wed. Nov. 27, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.28% (three month average) | RSI | 77 | Latest Price | $23.0400(7.11%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 5% a day on average for past five trading days. | Weekly Trend | ENPH advances 6% a week on average for past two weeks. | Market Behavior | Broad based 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(78%) TAN(71%) ACES(65%) IWO(59%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -2.64% 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 | -2.64% (StdDev 5.28%) | Hourly BBV | 0 () | Intraday Trend | 7.4% | | | |
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5 Day Moving Average | $20.78(10.88%) | 10 Day Moving Average | $19.88(15.9%) | 20 Day Moving Average | $19.27(19.56%) | To recent high | -30.7% | To recent low | 28.4% | Market Cap | $2.903b | | | | 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. |