Stock Analysis: Enphase Energy Inc (ENPH)

Stock Analysis for Enphase Energy Inc (ENPH)

The Interpreter
Hey Friend, I'm analysing ENPHASE ENERGY INC (ENPH), and it is between the Support of $ 112.72 (50% of Fibonacci) and the Resistance of $ 115.62 (PivotR1). The stock is falling and may come close and reach $ 112.72 soon.

Enphase Energy Inc (ENPH)

$ 114.32 -2.2%

Last Close 17-May-24

Trade ENPH Now

Supports

Next Support: $ 112.72

Pivot: $ 111.53
Fibonacci 50%: $ 112.72
Triangle Level (2): $ 101.48

Resistances

Next Resistance: $ 115.62

Pivot R1: $ 115.62
Fibonacci 38.2%: $ 117.25
Triangle Level (0): $ 128.00

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 01 Apr 2024	Sell Price: 118.29	Profit: Open Day1 ($ 115.45)	Engulfing	Sell
002 22 Jan 2024	Buy Price: 107.15	Profit: Open Day1 ($ 113.17)	Abandoned Baby	Buy
003 26 Oct 2023	Buy Price: 96.18	Loss: Close Day2 ($ 78.66)	Abandoned Baby	Buy
004 16 Oct 2023	Buy Price: 127.11	Profit: Close Day1 ($ 129.24)	Engulfing	Buy
005One Year Average	Both Sides Result for 4 Signals	Loss: $ -6.53 ($ -1.63 / Signal) -5.8% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ENPH Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	115.59	SELL	2	114.99	SELL
3	115.55	SELL	3	115.03	SELL
5	114.91	SELL	5	114.64	SELL
8	113.30	BUY	8	113.99	BUY
13	112.45	BUY	13	113.31	BUY
21	111.51	BUY	21	113.05	BUY
34	113.14	BUY	34	113.44	BUY
55	115.28	SELL	55	114.11	BUY
90	115.14	SELL	90	115.15	SELL
200	114.88	SELL	200	126.16	SELL

Company Info +

Name & IPO

Enphase Energy Inc
IPO: 2012-03-30

Stock Ticker & Exchange

Ticker: ENPHIndices: S&P 500,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://enphase.com/
Phone:

Stock Type

Common Stock

SIC Office

Manufacturing ()

Industry

Semiconductors & Related Devices

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.