ENPHASE ENERGY INC (ENPH) Technical Analysis
NASDAQ:ENPH • US29355A1079
Current stock price
44.07 USD
+1.47 (+3.45%)
At close:
44 USD
-0.07 (-0.16%)
After Hours:
ENPH Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ENPH. ENPH has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- ENPH is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 68% are performing better than ENPH.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- ENPH has an average volume of 7188070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, ENPH outperforms 62% of them, which is more or less in line with the market.
- 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 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.
More info and screens
ENPH Support and Resistance Analysis
39.82
50.31
We found 2 important support areas.
- A support zone ranging from 41.22 to 41.33. 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 40.22 to 40.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 44.08 to 44.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.80 to 47.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.81 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ENPH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENPH is neutral. |
| ChartMill Relative Strength | 62.93 | NEUTRAL | ENPH is not amongst the best or worst performers 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 | POSITIVE | The current price of ENPH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENPH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.19 | NEUTRAL | The RSI value for ENPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests ENPH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.59 | NEUTRAL | The Stochastics value for ENPH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for ENPH suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | 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
44.07
+1.47 (+3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.45%
1 Week9.55%
2 Weeks4.26%
1 Month-0.16%
3 Month36.95%
6 Month17.11%
12 Month-24.19%
2 Year-63.57%
3 Year-79.04%
5 Year-72.82%
10 Year1791.42%
15 YearN/A
Volatility
ATR(14)2.76
ATR(20)%6.08%
ATR Inc-15.61%
Range Today2.43
ADR(20)2.5
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.93
3 months CRS96.31
6 months CRS85.21
Mansfield0.44
10 Day High45.73
10 Day Low38.42
20 Day High50.83
20 Day Low38.42
52 Week High64.47
52 Week Low25.78
CS1 End41.33
CR1 Start44.08
Volume & EV
DER(3)0.18%
DER(5)0.15%
Volume4.07M
Volume Incr-24.05%
Vol(5)4.63M
Vol(50)7.19M
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 Bearish.
What is the RSI signal for ENPH stock?
ENPHASE ENERGY INC (ENPH) has an RSI value of 52.1928. 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.