Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $151.6500 (0.32%) ($151.6500 - $151.6500) on Mon. Apr. 12, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.31% (three month average) | RSI | 45 | Latest Price | $151.6500(0.32%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.3% a day on average for past five trading days. | Weekly Trend | ENPH declines -0.1% a week on average for past two weeks. | Market Behavior | Normal 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(60%) IWO(56%) ACES(55%) IPO(53%) | Factors Impacting ENPH price | ENPH will decline at least -2.655% in a week (0% probabilities). VIXM(-22%) IGOV(-9%) TBT(-8%) UUP(-7%) VXX(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.655% (StdDev 5.31%) | Hourly BBV | -0.1 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $155.06 | 5 Day Moving Average | $152.56(-0.6%) | 10 Day Moving Average | $153.15(-0.98%) | 20 Day Moving Average | $155.06(-2.2%) | To recent high | -28.7% | To recent low | 14.8% | Market Cap | $19.105b | | | | 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. |