ENPHASE ENERGY INC (ENPH)

US29355A1079 - Common Stock

114.32  -2.53 (-2.17%)

After market: 114.5 +0.18 (+0.16%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ENPH. Recently some decent action could be observed, but in the medium term time frame this is still negative. ENPH was also a bad performer in the overall market in the last year.

86% of all other stocks performed better in the past year than ENPH.
ENPH is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry, of which 75% are performing better than ENPH.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ENPH has a been trading in the 98.40 - 121.62 range, which is quite wide. It is currently trading near the high of this range.
ENPH has an average volume of 3791850 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.
Weekly and Daily overview Charts
ENPH Weekly chart
ENPH Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, ENPH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 116.16. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

104.11

139.98

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 113.64 to 114.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 105.16 to 108.20. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 116.16 to 117.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @133.99 from a horizontal line in the weekly time frame.
  • Resistance @138.59 from a horizontal line in the daily 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
CRS14.27
Mansfield-2.03
10 Day High121.62
10 Day Low107.44
20 Day High121.62
20 Day Low98.4
52 Week High192.22
52 Week Low73.49
Performance
1 Week5.51%
2 Weeks0.11%
1 Month7.36%
3 Month-13.31%
6 Month23.11%
12 Month-29.59%
2 Year-38.6%
3 Year-20.08%
5 Year653.59%
10 Year1252.9%
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)0.77
RSI(14)51.48
LBB104.67
UBB119.7
ENPH Daily chart

ENPHASE ENERGY INC

NASDAQ:ENPH (5/17/2024, 7:00:02 PM)

After market: 114.5 +0.18 (+0.16%)

114.32

-2.53 (-2.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.17%
1 Week5.51%
2 Weeks0.11%
1 Month7.36%
3 Month-13.31%
6 Month23.11%
12 Month-29.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.88
ATR(20)%5.63%
ATR Inc
Range Today4.45
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 High121.62
10 Day Low107.44
20 Day High121.62
20 Day Low98.4
52 Week High192.22
52 Week Low73.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.26M
Volume Incr-23.81%
Vol(5)3.27M
Vol(50)3.79M