Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)(Enphase Energy, Inc.)
| ENPH latest price $120.5650 (0.32%) ($120.5650 - $120.5650) on Fri. Sep. 29, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.87% (three month average) | RSI | 48 | Latest Price | $120.5650(0.32%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ENPH advances 0.2% a day on average for past five trading days. | Weekly Trend | ENPH declines -0.6% a week on average for past two weeks. | Market Behavior | Growth stock 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(72%) IWN(72%) IWO(70%) | Factors Impacting ENPH price | ENPH will decline at least -1.435% in a week (0% probabilities). TBT(-28%) UUP(-23%) VXX(-18%) VIXM(-14%) DRIV(7%) | 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 | 0 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $117.15(-2.83%) | Resistance Level | $121.77 | 5 Day Moving Average | $120.07(0.41%) | 10 Day Moving Average | $120.87(-0.25%) | 20 Day Moving Average | $121.77(-0.99%) | To recent high | -36.9% | To recent low | 2.9% | Market Cap | $15.189b | | | | 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. |