ENPHASE ENERGY INC (ENPH) Stock Technical Analysis
NASDAQ:ENPH - Nasdaq - US29355A1079 - Common Stock - Currency: USD
Taking everything into account, ENPH scores 1 out of 10 in our technical rating. 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.
88% of all other stocks performed better in the past year than ENPH.
ENPH is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 79% of 108 stocks in the same industry do better.
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 59.60 - 70.78 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 3566500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ENPH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 63.99, a Stop Loss order could be placed below this zone.
More info and screens
58.91
100.08
We found 3 important support areas.
- A support zone ranging from 63.03 to 63.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.87 from a horizontal line in the daily time frame.
- A support zone ranging from 59.51 to 59.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @64.86 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 66.51 to 67.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 68.87 to 68.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @85.63 from a trend line in the weekly time frame.
- A resistance zone ranging from 99.04 to 99.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.73
Mansfield-3.93
10 Day High70.78
10 Day Low60.26
20 Day High70.78
20 Day Low59.6
52 Week High141.63
52 Week Low58.33
Performance
1 Week3.61%
2 Weeks-2.5%
1 Month0.87%
3 Month-2.17%
6 Month-47.28%
12 Month-45.13%
2 Year-69.2%
3 Year-61.1%
5 Year32.43%
10 Year370.61%
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)0.54
RSI(14)49.37
LBB61.13
UBB67.7
64.85
-1.32 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.99%
1 Week3.61%
2 Weeks-2.5%
1 Month0.87%
3 Month-2.17%
6 Month-47.28%
12 Month-45.13%
2 Year-69.2%
3 Year-61.1%
5 Year32.43%
10 Year370.61%
15 YearN/A
Volatility
ATR(14)3.68
ATR(20)%5.17%
ATR Inc-15.52%
Range Today3.63
ADR(20)3.26
ADR(20)%5.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.73
Mansfield-3.93
10 Day High70.78
10 Day Low60.26
20 Day High70.78
20 Day Low59.6
52 Week High141.63
52 Week Low58.33
CS1 End63.99
CR1 Start64.86
Volume & EV
DER(3)0.81%
DER(5)0.74%
Volume3.19M
Volume Incr-16.39%
Vol(5)3.59M
Vol(50)3.57M