Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $120.6300 (0.94%) ($120.6300 - $120.6300) on Mon. Sep. 25, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.88% (three month average) | RSI | 40 | Latest Price | $120.6300(0.94%) | 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 -0.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support ENPH advance at 0% a week (0% probability) TAN(88%) ICLN(83%) IWM(71%) IWN(71%) ACES(69%) | Factors Impacting ENPH price | ENPH will decline at least -1.44% in a week (0% probabilities). TBT(-27%) UUP(-23%) VXX(-18%) VIXM(-15%) GLD(7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.44% (StdDev 2.88%) | Hourly BBV | -0.8 () | Intraday Trend | 0% | | | |
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Resistance Level | $123.16 | 5 Day Moving Average | $122.41(-1.45%) | 10 Day Moving Average | $121.44(-0.67%) | 20 Day Moving Average | $123.16(-2.05%) | To recent high | -36.9% | To recent low | 2.9% | Market Cap | $15.197b | | | | 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. |