Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $175.9550 (-2.99%) ($175.9550 - $175.9550) on Mon. Dec. 28, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.3% (three month average) | RSI | 83 | Latest Price | $175.9550(-2.99%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 1.3% a day on average for past five trading days. | Weekly Trend | ENPH advances 15.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(81%) TAN(64%) ACES(60%) IWO(59%) IPO(55%) | Factors Impacting ENPH price | ENPH will decline at least -2.15% in a week (0% probabilities). VIXM(-24%) UUP(-9%) TBT(-8%) VXX(-6%) UNG(1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.15% (StdDev 4.3%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
|
Inflection Point | Yes | 5 Day Moving Average | $177.17(-0.69%) | 10 Day Moving Average | $168.91(4.17%) | 20 Day Moving Average | $151.02(16.51%) | To recent high | -3% | To recent low | 125.2% | Market Cap | $22.167b | | | | 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. |