Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $151.0300 (-3.82%) ($150.4400 - $151.0300) on Mon. May. 16, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.45% (three month average) | RSI | 52 | Latest Price | $151.0300(-3.82%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.1% a day on average for past five trading days. | Weekly Trend | ENPH declines -5.1% a week on average for past two weeks. | Market Behavior | Growth stock sell-off 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%) IWO(57%) IWM(55%) IWC(53%) IWN(51%) | Factors Impacting ENPH price | ENPH will decline at least -2.725% in a week (0% probabilities). VIXM(-12%) UUP(-10%) TBT(-7%) UNG(-1%) VXX(3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.725% (StdDev 5.45%) | Hourly BBV | 0.2 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $136.4(-9.69%) | Resistance Level | $162.38 | 5 Day Moving Average | $147.52(2.38%) | 10 Day Moving Average | $159.31(-5.2%) | 20 Day Moving Average | $162.38(-6.99%) | To recent high | -30.2% | To recent low | 19.3% | Market Cap | $19.027b | | | | 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. |