Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $196.0200 (0.43%) ($196.0200 - $196.0200) on Mon. Mar. 27, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.47% (three month average) | RSI | 35 | Latest Price | $196.0200(0.43%) | 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 -3.3% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) TAN(82%) ICLN(79%) IWO(56%) IWM(55%) IWD(53%) | Factors Impacting ENPH price | ENPH will decline at least -1.735% in a week (0% probabilities). VXX(-24%) VIXM(-21%) UUP(-20%) TBT(-16%) SKYY(0%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.735% (StdDev 3.47%) | Hourly BBV | -0.4 () | Intraday Trend | 0% | | | |
|
Resistance Level | $207.54 | 5 Day Moving Average | $201.34(-2.64%) | 10 Day Moving Average | $200.03(-2%) | 20 Day Moving Average | $207.54(-5.55%) | To recent high | -28.5% | To recent low | 6.7% | Market Cap | $24.694b | | | | 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. |