Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $168.5300 (4.49%) ($168.5300 - $168.7900) on Mon. May. 2, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.06% (three month average) | RSI | 40 | Latest Price | $168.5300(4.49%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 1.4% a day on average for past five trading days. | Weekly Trend | ENPH declines -7.2% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) ICLN(81%) IWO(57%) IWM(55%) IWC(53%) IWN(52%) | Factors Impacting ENPH price | ENPH will decline at least -2.53% in a week (0% probabilities). VIXM(-14%) UUP(-10%) TBT(-8%) VXX(2%) UNG(2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.53% (StdDev 5.06%) | Hourly BBV | 1 () | Intraday Trend | 0% | | | |
|
1 - 5 Day Possible Target | $148.04(-12.16%) | Resistance Level | $180.65 | 5 Day Moving Average | $162.73(3.56%) | 10 Day Moving Average | $165.17(2.03%) | 20 Day Moving Average | $180.65(-6.71%) | To recent high | -22.2% | To recent low | 33.1% | Market Cap | $21.231b | | | | 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. |