Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $62.0800 (1.6%) ($60.9600 - $63.4900) on Wed. Jul. 22, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 6.48% (three month average) | RSI | 77 | Latest Price | $62.0800(1.6%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 1.4% a day on average for past five trading days. | Weekly Trend | ENPH advances 9.4% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(81%) TAN(68%) ACES(63%) IWO(59%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -3.24% in a week (0% probabilities). VIXM(-24%) UUP(-10%) VXX(-7%) TBT(-7%) IYT(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -3.24% (StdDev 6.48%) | Hourly BBV | 0 () | Intraday Trend | 1.5% | | | |
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5 Day Moving Average | $60.75(2.19%) | 10 Day Moving Average | $58.29(6.5%) | 20 Day Moving Average | $53.72(15.56%) | To recent high | -7.4% | To recent low | 66.8% | Market Cap | $7.821b | | | | 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. |