ENPHASE ENERGY INC (ENPH) Stock Technical Analysis
NASDAQ:ENPH - US29355A1079 - Common Stock
38.18 USD
+3.6 (+10.41%)
38.369 USD
+0.19 (+0.5%)
Overall ENPH gets a technical rating of 1 out of 10. ENPH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ENPH is a bad performer in the overall market: 95% of all stocks are doing better.
ENPH is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 92% are performing better than ENPH.
ENPH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ENPH has a been trading in the 29.89 - 38.45 range, which is quite wide. It is currently trading near the high of this range.
ENPH has an average volume of 9793000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ENPH is bad and it also does not present a 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
34.22
45.32
We found 1 important support area.
- A support zone ranging from 34.57 to 34.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 38.19 to 38.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.00 from a horizontal line in the daily time frame.
- Resistance @44.87 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for ENPH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENPH is neutral. |
| ChartMill Relative Strength | 5.1 | NEGATIVE | ENPH has a low relative strength, it was outperformed by 94.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENPH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENPH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENPH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.92 | NEUTRAL | The RSI value for ENPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests ENPH has a positive trend. |
| Stochastics (14,3) | 78.86 | NEUTRAL | The Stochastics value for ENPH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for ENPH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.56 | NEGATIVE | The low ADX value for ENPH suggests a weak or negative trend. |
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)
38.18
+3.6 (+10.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg10.41%
1 Week9.59%
2 Weeks17.69%
1 Month7.82%
3 Month-3.68%
6 Month-41.13%
12 Month-68.96%
2 Year-69.83%
3 Year-86.67%
5 Year-50.56%
10 Year730%
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%5.13%
ATR Inc51.08%
Range Today3.65
ADR(20)1.84
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.1
Mansfield-4.58
10 Day High38.45
10 Day Low31.3
20 Day High38.45
20 Day Low29.89
52 Week High130.08
52 Week Low29.89
CS1 End34.78
CR1 Start38.19
Volume & EV
DER(3)3.37%
DER(5)3.38%
Volume10.32M
Volume Incr-10.58%
Vol(5)9.02M
Vol(50)9.79M