Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $120.4200 (9.79%) ($113.9880 - $121.4800) on Wed. Nov. 11, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.59% (three month average) | RSI | 64 | Latest Price | $120.4200(9.79%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 2.5% a day on average for past five trading days. | Weekly Trend | ENPH advances 7.9% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(81%) TAN(66%) ACES(61%) IWO(59%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -2.295% in a week (0% probabilities). VIXM(-24%) 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 | -2.295% (StdDev 4.59%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $117.97(2.08%) | 10 Day Moving Average | $110.94(8.55%) | 20 Day Moving Average | $108.71(10.77%) | To recent high | -1.7% | To recent low | 85.1% | Market Cap | $15.17b | | | | 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. |