Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $155.9000 (-1.44%) ($155.9000 - $155.9000) on Wed. May. 18, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.41% (three month average) | RSI | 48 | Latest Price | $155.9000(-1.44%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 2.5% a day on average for past five trading days. | Weekly Trend | ENPH declines -5.8% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based 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 -2.705% 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 | -2.705% (StdDev 5.41%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $135.99(-12.77%) | Resistance Level | $159.62 | 5 Day Moving Average | $152.61(2.16%) | 10 Day Moving Average | $154.6(0.84%) | 20 Day Moving Average | $159.62(-2.33%) | To recent high | -28% | To recent low | 23.1% | Market Cap | $19.64b | | | | 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. |