ENPHASE ENERGY INC (ENPH)

US29355A1079 - Common Stock

127.9  -2.76 (-2.11%)

After market: 127.45 -0.45 (-0.35%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ENPH. In the last year, ENPH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

82% of all other stocks performed better in the past year than ENPH.
ENPH is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 67% of 107 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ENPH has a been trading in the 107.44 - 134.00 range, which is quite wide. It is currently trading near the high of this range.
ENPH has an average volume of 3992600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ENPH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENPH is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ENPH Weekly chart
ENPH Daily chart
Setup Rating and Analysis

5

ENPH has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

106.65

135.34

2 important support areas can be observed.

  • A support zone ranging from 114.73 to 115.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 107.73 to 111.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @134.00 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.88
Mansfield-0.83
10 Day High134
10 Day Low110.67
20 Day High134
20 Day Low107.44
52 Week High192.22
52 Week Low73.49
Performance
1 Week8.85%
2 Weeks9.46%
1 Month20.59%
3 Month-1.36%
6 Month20.07%
12 Month-29.67%
2 Year-31.31%
3 Year-10.59%
5 Year743.11%
10 Year1413.61%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.71
RSI(14)60.11
LBB106.68
UBB132.9
ENPH Daily chart

ENPHASE ENERGY INC

NASDAQ:ENPH (5/31/2024, 7:00:00 PM)

After market: 127.45 -0.45 (-0.35%)

127.9

-2.76 (-2.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.11%
1 Week8.85%
2 Weeks9.46%
1 Month20.59%
3 Month-1.36%
6 Month20.07%
12 Month-29.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.78
ATR(20)%5.04%
ATR Inc
Range Today8.77
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High134
10 Day Low110.67
20 Day High134
20 Day Low107.44
52 Week High192.22
52 Week Low73.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.04M
Volume Incr26.69%
Vol(5)4.83M
Vol(50)3.99M