ENPHASE ENERGY INC (ENPH)

US29355A1079 - Common Stock

71.45  +5.65 (+8.59%)

After market: 71.55 +0.1 (+0.14%)

Technical Rating and Analysis

1

We assign a technical rating of 1 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ENPH is a bad performer in the overall market: 94% of all stocks are doing better.
ENPH is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, of which 88% are performing better than ENPH.
ENPH is currently trading in the lower part 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.
In the last month ENPH has a been trading in the 62.36 - 78.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ENPH has an average volume of 5243990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ENPH Weekly chart
ENPH Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

65.14

108.43

2 important support areas can be observed.

  • A support zone ranging from 71.09 to 71.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @65.80 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • Resistance @73.84 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 76.02 to 76.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @98.57 from a trend line in the weekly time frame.
  • A resistance zone ranging from 107.24 to 107.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS6.7
Mansfield-3.96
10 Day High78.26
10 Day Low65.1
20 Day High78.26
20 Day Low62.36
52 Week High141.63
52 Week Low58.33
Performance
1 Week-3.24%
2 Weeks-0.15%
1 Month12.4%
3 Month-37.82%
6 Month-33.02%
12 Month-46.68%
2 Year-73.03%
3 Year-60.94%
5 Year173.44%
10 Year400%
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)0.19
RSI(14)48.19
LBB67.14
UBB77.32
ENPH Daily chart

ENPHASE ENERGY INC

NASDAQ:ENPH (12/20/2024, 8:07:13 PM)

After market: 71.55 +0.1 (+0.14%)

71.45

+5.65 (+8.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg8.59%
1 Week-3.24%
2 Weeks-0.15%
1 Month12.4%
3 Month-37.82%
6 Month-33.02%
12 Month-46.68%
2 Year-73.03%
3 Year-60.94%
5 Year173.44%
10 Year400%
15 YearN/A
Volatility
ATR(14)3.66
ATR(20)%5.26%
ATR Inc43.4%
Range Today6.08
ADR(20)3.55
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.7
Mansfield-3.96
10 Day High78.26
10 Day Low65.1
20 Day High78.26
20 Day Low62.36
52 Week High141.63
52 Week Low58.33
CS1 End71.44
CR1 Start73.84
Volume & EV
DER(3)0.66%
DER(5)1.62%
Volume6.56M
Volume Incr7.03%
Vol(5)4.26M
Vol(50)5.24M