Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $160.6600 (-0.37%) ($160.6600 - $160.6600) on Thu. May. 11, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.65% (three month average) | RSI | 19 | Latest Price | $160.6600(-0.37%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.6% a day on average for past five trading days. | Weekly Trend | ENPH declines -10% a week on average for past two weeks. | Market Behavior | Value stocks 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) TAN(84%) ICLN(81%) IWO(60%) IWM(59%) IWN(57%) | Factors Impacting ENPH price | ENPH will decline at least -2.325% in a week (0% probabilities). VXX(-26%) UUP(-26%) VIXM(-24%) TBT(-23%) BNDX(1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.325% (StdDev 4.65%) | Hourly BBV | 0.6 () | Intraday Trend | 0% | | | |
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Resistance Level | $183.19 | 5 Day Moving Average | $160.4(0.16%) | 10 Day Moving Average | $159.1(0.98%) | 20 Day Moving Average | $183.19(-12.3%) | To recent high | -29.6% | To recent low | 5.1% | Market Cap | $20.24b | | | | 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. |