Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $289.0500 (-3.31%) ($288.1700 - $289.0500) on Fri. Aug. 26, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.55% (three month average) | RSI | 52 | Latest Price | $289.0500(-3.31%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.4% a day on average for past five trading days. | Weekly Trend | ENPH declines -0.9% 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(78%) IWM(50%) IWO(50%) IWC(48%) IWN(48%) | Factors Impacting ENPH price | ENPH will decline at least -2.275% in a week (0% probabilities). TBT(-16%) UUP(-5%) XLC(-3%) UNG(-1%) XLP(0%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.275% (StdDev 4.55%) | Hourly BBV | -2 () | Intraday Trend | 0% | | | |
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Resistance Level | $292.53 | 5 Day Moving Average | $289.54(-0.17%) | 10 Day Moving Average | $291.26(-0.76%) | 20 Day Moving Average | $292.53(-1.19%) | To recent high | -4.9% | To recent low | 70.7% | Market Cap | $36.414b | | | | 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. |