Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $104.8000 (0.98%) ($100.2400 - $107.3800) on Tue. Nov. 3, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.55% (three month average) | RSI | 46 | Latest Price | $104.8000(0.98%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 1.2% a day on average for past five trading days. | Weekly Trend | ENPH declines -4.4% 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(81%) TAN(66%) ACES(61%) IWO(58%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -2.275% in a week (0% probabilities). VIXM(-23%) UUP(-10%) TBT(-9%) VXX(-6%) EDOC(-6%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.275% (StdDev 4.55%) | Hourly BBV | 1 () | Intraday Trend | 0% | | | |
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Resistance Level | $105.73 | 5 Day Moving Average | $102.41(2.33%) | 10 Day Moving Average | $102.28(2.46%) | 20 Day Moving Average | $105.73(-0.88%) | To recent high | -9.8% | To recent low | 71.2% | Market Cap | $13.203b | | | | 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. |