Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $183.5600 (0.86%) ($183.5600 - $183.5600) on Mon. Jun. 5, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.5% (three month average) | RSI | 66 | Latest Price | $183.5600(0.86%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 2.1% a day on average for past five trading days. | Weekly Trend | ENPH advances 4.9% a week on average for past two weeks. | Market Behavior | Normal 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%) IWM(60%) IWO(60%) IWN(58%) | Factors Impacting ENPH price | ENPH will decline at least -2.25% in a week (0% probabilities). UUP(-28%) TBT(-27%) VXX(-24%) VIXM(-22%) BNDX(4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.25% (StdDev 4.5%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
|
5 Day Moving Average | $178.88(2.62%) | 10 Day Moving Average | $172.08(6.67%) | 20 Day Moving Average | $167.64(9.5%) | To recent high | -19.5% | To recent low | 20.1% | Market Cap | $23.125b | | | | 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. |