We assign a technical rating of 0 out of 10 to ENPH. 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 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.
26.66
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for ENPH is down. |
| ChartMill Relative Strength | 6.53 | NEGATIVE | ENPH has a low relative strength, it was outperformed by 93.47% 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) | DOWN | NEGATIVE | The current price of ENPH is below 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) | 34.94 | NEUTRAL | The RSI value for ENPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests ENPH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.57 | OVERSOLD | The low Stochastics value suggests ENPH may be oversold. |
| Average True Range in percent/ATR (20) | 7.33 | HIGH VOLATILITY | The high ATR as a percentage value for ENPH suggests high volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for ENPH suggests a weak or negative trend. |
26.93
+0.81 (+3.1%)
ChartMill assigns a technical rating of 0 / 10 to ENPH.
The current trend direction for ENPHASE ENERGY INC (ENPH) is Bearish.
ENPHASE ENERGY INC (ENPH) has an RSI value of 34.9435. This indicates that the stock is currently neutral.
The short term momentum for ENPHASE ENERGY INC (ENPH) is negative.
The buy/sell signal for ENPHASE ENERGY INC (ENPH) is sell as both the short term and long term trends are negative.