Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $32.0000 (-1.17%) ($30.7500 - $33.0000) on Mon. Mar. 30, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 9.01% (three month average) | RSI | 39 | Latest Price | $32.0000(-1.17%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 2.7% a day on average for past five trading days. | Weekly Trend | ENPH declines -1.1% 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(69%) ACES(63%) IWO(58%) IBUY(53%) | Factors Impacting ENPH price | ENPH will decline at least -4.505% in a week (0% probabilities). VIXM(-26%) UUP(-10%) VXX(-9%) TBT(-3%) IGOV(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -4.505% (StdDev 9.01%) | Hourly BBV | 0 () | Intraday Trend | -2.3% | | | |
|
Resistance Level | $36.75 | 5 Day Moving Average | $34.33(-6.79%) | 10 Day Moving Average | $30.66(4.37%) | 20 Day Moving Average | $36.75(-12.93%) | To recent high | -45.8% | To recent low | 33.4% | Market Cap | $4.031b | | | | 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. |