Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $205.4500 (0.69%) ($205.4500 - $205.4500) on Thu. Mar. 30, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.54% (three month average) | RSI | 48 | Latest Price | $205.4500(0.69%) | 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 -2% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) TAN(82%) ICLN(79%) IWM(55%) IWO(55%) IWC(52%) | Factors Impacting ENPH price | ENPH will decline at least -1.77% in a week (0% probabilities). VXX(-23%) VIXM(-21%) UUP(-19%) TBT(-16%) EDOC(-16%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.77% (StdDev 3.54%) | Hourly BBV | 0.8 () | Intraday Trend | 0% | | | |
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Resistance Level | $205.91 | 5 Day Moving Average | $198.85(3.32%) | 10 Day Moving Average | $198.82(3.33%) | 20 Day Moving Average | $205.91(-0.22%) | To recent high | -22.4% | To recent low | 11.8% | Market Cap | $25.882b | | | | 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. |