Technical Analysis for ENPH - Enphase Energy, Inc.

Grade Last Price % Change Price Change
F 127.90 -2.11% -2.76
ENPH closed down 2.11 percent on Friday, May 31, 2024, on 1.51 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Upper Bollinger Band Walk Strength -2.11%
Multiple of Ten Bullish Other -2.11%
Above Upper BB Strength -2.11%

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Profile

Enphase Energy, Inc. Description

Enphase Energy, Inc., together with its subsidiaries, engages in the design, development, and sale of microinverter systems for the solar photovoltaic industry. Its microinverter system consists of microinverter and related accessories that convert direct current power to grid-compliant alternating current power; an Envoy communications gateway device that collects and transmits performance information from each solar module to the company's hosted data center; and Enlighten Web-based software platform that collects and processes this information to enable customers to monitor and manage their solar power systems. The company sells its microinverter systems primarily to distributors who resell them to solar installers, as well as through original equipment manufacturers and strategic partners; and directly to installers. Enphase Energy, Inc. markets its products primarily in the United States, Canada, France, the United Kingdom, and Italy, as well as in the Benelux region. The company was founded in 2006 and is headquartered in Petaluma, California.


Classification

Sector: Technology
Industry: Semiconductor Equipment & Materials
Keywords: S&P 500 Nasdaq 100 Photovoltaics Software Platform Solar Power Power Systems Inverters Solar Panel Photovoltaic System Inverter Systems Solar Power Systems

Is ENPH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 192.22
52 Week Low 73.64
Average Volume 3,989,531
200-Day Moving Average 114.22
50-Day Moving Average 115.17
20-Day Moving Average 117.65
10-Day Moving Average 121.68
Average True Range 6.65
RSI (14) 60.16
ADX 20.76
+DI 31.92
-DI 13.97
Chandelier Exit (Long, 3 ATRs) 114.06
Chandelier Exit (Short, 3 ATRs) 122.28
Upper Bollinger Bands 130.68
Lower Bollinger Band 104.63
Percent B (%b) 0.89
BandWidth 22.14
MACD Line 3.89
MACD Signal Line 2.18
MACD Histogram 1.7147
Fundamentals Value
Market Cap 17.46 Billion
Num Shares 137 Million
EPS 3.07
Price-to-Earnings (P/E) Ratio 41.66
Price-to-Sales 7.30
Price-to-Book 16.90
PEG Ratio 2.41
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 141.06
Resistance 3 (R3) 141.63 137.81 138.86
Resistance 2 (R2) 137.81 134.46 137.53 138.13
Resistance 1 (R1) 132.86 132.39 130.95 132.29 137.40
Pivot Point 129.04 129.04 128.09 128.76 129.04
Support 1 (S1) 124.09 125.69 122.18 123.52 118.40
Support 2 (S2) 120.27 123.62 119.99 117.67
Support 3 (S3) 115.32 120.27 116.94
Support 4 (S4) 114.75