Trading Signals: ENPH Stock Price Prediction and Forecast

^ ENPH: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Dec. 22, 2023

Trading Signals: ENPH Stock Price Prediction and Forecast (Tue. Mar. 27, 2018 - Fri. Dec. 22, 2023)

(Enphase Energy, Inc.)
ENPH latest price $134.8150 (0.86%) ($134.8150 - $134.8150) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.73% (three month average)
RSI   70
Latest Price   $134.8150(0.86%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ENPH advances 1.6% a day on average for past five trading days.
Weekly Trend   ENPH advances 11.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ENPH advance at 0% a week (0% probability)
OIH(89%)    IWM(96%)    PAVE(92%)    IWO(89%)    ONLN(89%)
Factors Impacting ENPH price   ENPH will decline at least -2.365% in a week (0% probabilities).
VIXM(-40%)    TBT(-40%)    VXX(-22%)    UUP(-18%)    SHY(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.365% (StdDev 4.73%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $131.22(2.74%)
10 Day Moving Average   $121.92(10.58%)
20 Day Moving Average   $113.39(18.89%)
To recent high   -0.6%
To recent low   78.6%
Market Cap   $16.984b

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.

$. ENPH price fluctuates within 11.09% (three month std-dev: 4.73%) daily (68% of days).

Sample size 50 Average positive next day return: 3.17%(46%) Average negative next day return: -3.09%(54%) Sample size 50 Average positive next three day return: 7.57%(48%) Average negative next three day return: -3.79%(52%) Sample size 50 Average positive next weekly return: 7.79%(56%) Average negative next weekly return: -6.07%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_22_2023	113.28	113.39	121.92	131.22	133.05	134.24	134.82(0.86%)	UT	OpenLong	75	0.3	87	100	60	169	2.15	53%	-0.05	74.5	4.73%	0	1.7	70	1.4
2	Dec_21_2023	113.34	111.6	118.75	129.14	130.35	130.82	133.67(4.44%)	UT	OpenLong	75	0.4	44	50	12	138	4.37	53%	-0.06	79	4.76%	0.2	1.9	71	0.6
3	Dec_20_2023	113.41	109.84	116.02	126.49	128.04	131.86	127.99(-5.63%)	UD	OpenLong	75	0.1	72	250	47	146	7.09	53%	-0.2	82.9	4.73%	-0.2	1.7	72	0.3
4	Dec_19_2023	113.64	108.3	113.83	122.41	126.15	129.88	135.62(9.37%)	UT	HoldLong	65	1.3	140	300	132	163	9.67	57%	-0.13	79.9	4.68%	1.9	2.7	79	0.7
5	Dec_18_2023	113.79	106.34	111.03	115.27	119.14	124.22	124(-0.35%)	UD	OpenLong	75	1.1	83	400	75	108	5.19	53%	-0.27	86.1	4.57%	0.5	2.2	76	0.8

6	Dec_15_2023	114.1	104.74	109.38	111.15	113.11	122.43	124.43(3.33%)	UT	HoldLong	65	1.8	137	630	143	120	7.79	53%	-0.38	87.6	4.58%	0.8	2.7	77	0.8
7	Dec_14_2023	114.53	103.01	107.44	106.87	107.86	114.06	120.43(11.94%)	UT	OpenLong	75	2.1	141	430	153	103	13.38	53%	-0.47	93.3	4.57%	1.4	2.7	71	1.6
8	Dec_13_2023	115.07	101.57	105.42	104.21	103.42	103.79	107.58(7.7%)	UT	OpenLong	75	0.6	30	0	27	37	6.52	48%	-0.63	112.7	4.33%	2.2	1.1	62	1.4
9	Dec_12_2023	115.8	100.78	104.78	104.05	103.23	101.66	99.89(-3.43%)	CR	SmallShort	-20	-0.7	-25	-130	-38	15	5.02	44%	-0.68	120.5	4.23%	-0.9	-0.2	56	1.6
10	Dec_11_2023	116.59	99.83	104.84	106.09	104.93	103.05	103.44(0.41%)	N/A	N/A	0	-0.4	-19	-160	-37	34	3.32	44%	-0.64	101.6	4.21%	-0.9	0.5	62	1.4

11	Dec_8_2023	117.34	98.63	104.37	107.17	106.6	104.8	103.01(-3.85%)	N/A	N/A	0	-0.5	-16	-130	-38	51	4.4	44%	-0.63	89.7	4.22%	-1.7	0.5	71	1.2
12	Dec_7_2023	118.08	97.35	104.14	107.89	108.14	106.81	107.14(0.37%)	UD	OpenLong	65	-0.1	11	-80	-13	82	2.56	44%	-0.66	80.2	4.2%	-1.2	1	82	1
13	Dec_6_2023	118.87	95.88	103.43	106.71	108.07	108.4	106.75(-3.05%)	UD	OpenLong	75	0	24	60	2	90	4.11	43%	-0.65	73	4.2%	-2	1	75	1.2
14	Dec_5_2023	119.65	94.5	102.59	105.57	106.7	109.48	110.11(1.15%)	UT	HoldLong	65	0.4	63	210	47	111	3.75	43%	-0.68	68.5	4.21%	0.9	1.5	83	1.3
15	Dec_4_2023	120.47	92.89	101.38	103.41	104.44	107.74	108.85(2.09%)	UT	HoldLong	65	0.5	88	250	73	134	4.23	43%	-0.57	63.4	4.2%	1.3	1.5	89	1.4

16	Dec_1_2023	121.16	91.45	99.76	101.23	102.05	103.92	106.62(5.33%)	UT	HoldLong	65	0.5	74	150	54	132	3.79	43%	-0.63	59.6	4.23%	2	1.5	89	1.3
17	Nov_30_2023	121.93	90.04	98.17	99.94	99.88	101.14	101.22(0.17%)	UT	HoldLong	65	0.1	45	90	15	135	2.87	39%	-0.67	49.5	4.14%	0.6	1.1	89	1.4
18	Nov_29_2023	122.75	88.81	97.33	99.71	99.62	100.17	101.05(1.77%)	UT	HoldLong	65	0.1	59	40	23	166	2.65	41%	-0.6	40.4	4.14%	1.2	1.3	85	1.3
19	Nov_28_2023	123.49	87.7	96.38	99.15	99.37	98.62	99.29(1.37%)	UD	OpenLong	65	0	42	-50	-3	177	3.14	41%	-0.61	32.5	4.15%	0.2	1.2	79	1.5
20	Nov_27_2023	124.25	86.65	94.43	99	99.11	99.08	97.95(-2.25%)	UD	OpenLong	65	-0.1	39	0	-9	182	3.16	41%	-0.55	24.1	4.15%	-1.1	1.2	79	1.3

21	Nov_24_2023	124.94	85.8	92.54	97.95	99.28	100.12	100.2(0.16%)	UT	OpenLong	75	0.3	74	100	35	192	1.91	39%	-0.81	13	4.15%	0	1.6	75	1.4
22	Nov_22_2023	125.96	85.46	90.13	96.05	97.4	99.15	100.04(1.81%)	UT	HoldLong	65	0.5	68	170	33	172	3.6	39%	-0.21	-3.3	4.19%	1	1.7	76	1.2
23	Nov_21_2023	126.22	85.05	87.82	94.59	95.07	98.44	98.26(-0.3%)	UD	OpenLong	75	0.4	80	260	50	171	3.87	39%	-0.57	-24	4.18%	0.9	1.6	77	1.3
24	Nov_20_2023	126.94	84.75	85.82	93.22	93.69	95.66	98.56(6.32%)	UT	OpenLong	75	0.7	105	160	82	174	5.16	39%	-0.55	-47.3	4.18%	1.6	1.7	71	1.4
25	Nov_17_2023	127.64	84.49	83.68	89.2	91.9	91.71	92.71(2.2%)	UT	OpenLong	75	0.4	64	80	44	122	3.14	35%		-75.6	4.1%	0.4	1	69	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD