Get started
ENPHASE ENERGY INC.DL-,01ENPHASE ENERGY INC.DL-,01ENPHASE ENERGY INC.DL-,01

ENPHASE ENERGY INC.DL-,01

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

E0P trade ideas

$ENPH Double Bottom?$ENPH got beaten up after earnings I suspect the reason is that one of solar’s biggest markets, California, is changing how it pays for excess solar generation or commonly called “NEM Charges.” In a nut shell it stretches out the payback period from 5 years to 9 years (Assuming you buy the system) so what will that do for demand? ( That was finalized by CA PUC in December 2022 - about the time of the start of the decline in stock) Without getting into a long discussion on this news, I think that this is now priced into the stock and it “may” be free to run higher. See notes on chart. Ideas, not investing / trading advice. From earningswhispers.com Enphase Energy Beats Enphase Energy ( ENPH ) reported Quarter December 2022 earnings of $1.44 per share on revenue of $724.7 million. The consensus earnings estimate was $1.23 per share on revenue of $694.8 million. The Earnings Whisper number was $1.29 per share. Revenue grew 75.6% on a year-over-year basis. The company said it expects first quarter revenue of $700.0 million to $740.0 million. The current consensus revenue estimate is $670.67 million for the quarter ending March 31, 2023. Enphase Energy Inc delivers microinverter technology for solar industry that increases energy production, simplifies design and installation, improves system, reduces fire safety risk & provides a platform for intelligent energy management.
NASDAQ:ENPH
by jaxdog
4
Earnings Beat/Guidance Not Gr8ENPH reported earnings and was a beat on revenue and EPS, however guidance warning of a slow down this year. Price is hovering over the .382 of the trend up since the covid low. Engulfing candle noted. Possible M pattern forming. Price opened with a bang but fizzled with an engulfing candle noted. Whittling down to T4 as T1-3 have been met. I usually do not calculate this many targets for a security and do not remember why I did that! LOL No recommendation with possible pull back to green support trendline. Short interest is around 4.4%.
NASDAQ:ENPHShort
by lauralea
ENPH | I Like This Play | LONGEnphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
NASDAQ:ENPHLong
by DivergenceSeeker
2
Enphase Energy (ENPH) | Approaching a Strong Support!Hi, Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of its revenue from the United States. Technical criteria point out that $165 - $200 can produce a short-term rejection: 1. Previously worked resistance area becomes support. 2. Round number $200 has played a lot of role in the history of PA. 3. The clean trendline, drawn from the bodies, adds strength to the possible buying zone. 4. The bottom of the range, around $165, is the last criterion that can push the price up and which has a lot of power to produce some reversals and it is the simple 50% drop from ATH. Do your homework, do your fundamentals, and if this matching with my TA then you are ready to go. Green light from both analyses is needed! Regards, Vaido
NASDAQ:ENPHLong
by VaidoVeek
4
So What to do Now? Re-evaluate and see what is going on and calculate new targets. Downside targets have been met and this is still going down in spite of dipping in to oversold territory for a while now. Bollinger bands are set on 80 and price is hanging on to the bottom band. I took a look at this on weekly and drew a fib table. This one is STEEP so there are a lot of buyers inside this security which equals a lot of potential sellers. This chart is very difficult to work with due to the very steep trend up. I almost gave up after I looked at weekly 3 times trying to figure it out before I saw anything. It is hard for me to read charts using a fib table when it is extremely vertical for a long time, and I do depend on fib levels. Not everyone does as we are all different. Earning's date is not clear and I see 2-7 and on other sites I see 2-8. Analysts seem positive. The numbers to beat are virtually the same as last quarter. No recommendation except be safe. This is borderline parabolic on weekly and what goes up must come down. It is due another bounce soon perhaps. Adjusted targets in orange with T1 being larger type than T2 and so on. EPS (FWD) 4.35 PE (FWD) 52.49 Div Rate (TTM) - Short Interest 3.69% Market Cap $31.05B
NASDAQ:ENPH
by lauralea
2
Solar Stocks/RSI Diversion/Old Trendline for ENPHPrice corrected yesterday after a price and RSI Divergence. There is also a rising wedge that was broken yesterday on the daily timeframe, but price is on the run again today. There are several on hourly that are still intact. The lowest wedge I see on hourly would be broken at 284ish. The bottom trendline is intact so it is not valid. Price is also bumping in to a very old trendline. You can see this better if you look at 5 year weekly chart and look at the peaks. le7120 pointed this out to me/THX le7120 (o: I usually look at long term charts and this was one time that I did not. This trendline slopes upward and is resistance so far. If price manages to get above it, it would be support but so far price has stalled there and has been forming funky patterns like bearish wedges and divergences. If price breaks this trendline I will revisit and update this chart. Trendlines, support and resistance levels were made to be broken, but so far this trendline has not been successfully broken. No recommendation. Divergence occurs when price makes a new high or low in price but the RSI does not make a corresponding new high or low value. To a certain extent, price and RSI should mirror each other. If you look closely, you can see flags, cups, Ms and Ws on RSI that reflect the actual price chart. Since RSI is just a line, it is by no means exactly replicating the chart but the flow should be somewhat similar. (o: FSLR and SEDG also had divergences with RSI. FSLR also broke the support line of a rising wedge.
NASDAQ:ENPH
by lauralea
7
Bobby's Homework Assignment1. 5. 23 ENPH : This is a great market to follow if you trade the equities markets. I would be looking to buy at this level if I could find buyers. It's a market move slower I would be looking for buyers had a very important support which I explained in the video. This Market has great volatility, and it most likely will give you a great reversal pattern... and you will probably know it when you see it. a lot of the equity markets are going lower... a lot lower because we are in the beginning phases of a bear market. Even bear markets kid oversoul incorrect higher before they make new lows. I think it's not always simple to decide what a swing Trader is compared to a scalper. I think ENPH Can be traded Successfully whether you scalp, were you try to trade the swings.
NASDAQ:ENPH
by ScottBogatin