Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $120.1400 (-1.74%) ($120.1400 - $120.1400) on Fri. Sep. 15, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.87% (three month average) | RSI | 44 | Latest Price | $120.1400(-1.74%) | 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 -2.1% 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) TAN(87%) ICLN(83%) IWM(71%) IWN(71%) ACES(70%) | Factors Impacting ENPH price | ENPH will decline at least -1.435% in a week (0% probabilities). TBT(-25%) UUP(-22%) VXX(-19%) VIXM(-16%) EDOC(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.435% (StdDev 2.87%) | Hourly BBV | -1 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $117.3(-2.36%) | Resistance Level | $124.99 | 5 Day Moving Average | $121.47(-1.09%) | 10 Day Moving Average | $122.69(-2.08%) | 20 Day Moving Average | $124.99(-3.88%) | To recent high | -37.1% | To recent low | 0.5% | Market Cap | $15.135b | | | | 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. |