ENPHASE ENERGY INC (ENPH) Technical Analysis
NASDAQ:ENPH • US29355A1079
Current stock price
40.76 USD
-3.35 (-7.59%)
At close:
41.1 USD
+0.34 (+0.83%)
Pre-Market:
ENPH Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ENPH. In the last year, ENPH was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
- 72% of all other stocks performed better in the past year than ENPH.
- ENPH is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 77% are performing better than ENPH.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- ENPH has an average volume of 7099660 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 trading in the upper part of its 52 week range, so ENPH is lagging the market slightly.
- In the last month ENPH has a been trading in the 38.42 - 50.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ENPH Weekly and Daily overview Charts
ENPH Setup Rating and Analysis
ENPH has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
ENPH Support and Resistance Analysis
39.82
47.47
We found 1 important support area.
- A support zone ranging from 40.22 to 40.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 42.50 to 44.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 46.92 to 47.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENPH Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ENPH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENPH is neutral. |
| ChartMill Relative Strength | 28.88 | NEGATIVE | ENPH has a low relative strength, it was outperformed by 71.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENPH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENPH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ENPH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.75 | NEUTRAL | The RSI value for ENPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests ENPH has a negative trend. |
| Stochastics (14,3) | 57.64 | NEUTRAL | The Stochastics value for ENPH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for ENPH suggests high volalility. |
| Average Directional Index/ADX (14) | 14.46 | NEGATIVE | The low ADX value for ENPH suggests a weak or negative trend. |
ENPH Chart- and CandleStick Pattern Analysis
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)
ENPH Technicals: Chart, Performance Metrics, Trend & Indicators
40.76
-3.35 (-7.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-7.59%
1 Week-11.18%
2 Weeks-0.24%
1 Month-14.01%
3 Month23.52%
6 Month11.67%
12 Month-33.88%
2 Year-66.31%
3 Year-80.62%
5 Year-74.86%
10 Year1649.36%
15 YearN/A
Volatility
ATR(14)2.53
ATR(20)%6.9%
ATR Inc49.24%
Range Today4.14
ADR(20)2.59
ADR(20)%6.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.88
3 months CRS92.84
6 months CRS82.66
Mansfield0.03
10 Day High46.87
10 Day Low40.71
20 Day High50.83
20 Day Low38.42
52 Week High63.7
52 Week Low25.78
CS1 End40.22
CR1 Start42.5
Volume & EV
DER(3)0.13%
DER(5)0.2%
Volume5.87M
Volume Incr3.63%
Vol(5)5.27M
Vol(50)7.10M
ENPHASE ENERGY INC / ENPH TA FAQ
What is the technical rating for ENPH stock?
ChartMill assigns a technical rating of 5 / 10 to ENPH.
What is the current trend direction of ENPHASE ENERGY INC (ENPH) stock?
The current trend direction for ENPHASE ENERGY INC (ENPH) is Bullish.
What is the RSI signal for ENPH stock?
ENPHASE ENERGY INC (ENPH) has an RSI value of 43.7495. This indicates that the stock is currently neutral.
What is the short term momentum for ENPHASE ENERGY INC (ENPH) stock?
The short term momentum for ENPHASE ENERGY INC (ENPH) is neutral.