Outstanding Trade: Robot Earns 4.94% Gain Trading $ENPH
These advanced algorithms are designed to analyze vast amounts of data and execute trades based on predefined strategies. One such AI trading robot, Swing trader: Deep Trend Analysis v.2 (TA), has emerged as a top performer, particularly in relation to the stock of ENPH. With its recent impressive performance and favorable market indicators, ENPH presents a promising opportunity for investors.
AI Trading Robot Performance: The AI trading robot "Swing trader: Deep Trend Analysis v.2 (TA)" showcased its capabilities by delivering exceptional results within a week, generating a remarkable 4.94% return for ENPH. Such a significant gain in such a short period highlights the efficiency and effectiveness of this algorithmic trading system. Investors and traders who employed this robot during the mentioned period were able to capitalize on ENPH's positive momentum.
Bullish Signal: Three Consecutive Days of Upward Movement: ENPH has exhibited a noteworthy pattern of upward movement, with the stock consistently rising for three consecutive days. This trend is often perceived as a bullish sign, indicating potential future growth. Historical data analysis reveals that in 321 out of 354 instances where ENPH experienced a three-day upward movement, the stock price continued to rise further within the following month. This statistical evidence suggests a favorable probability of a continued upward trend, estimated at 90%.
Earnings Report: Strong Performance and Market Capitalization: The most recent earnings report, released on April 25, showcased ENPH's impressive financial performance. The company reported earnings per share (EPS) of $1.37, surpassing the estimated figure of $1.21. This earnings beat is a positive indicator, reflecting the company's ability to generate higher profits than anticipated. With 405.85K shares outstanding, ENPH currently boasts a market capitalization of 22.44 billion dollars. This substantial market capitalization highlights the confidence and investor interest surrounding the company.
The AI trading robot Swing trader: Deep Trend Analysis v.2 (TA) has proven its mettle by delivering outstanding returns for ENPH over a week. Additionally, ENPH's three-day upward trend and historical data analysis reinforce the likelihood of continued growth in the near future, with a 90% probability of further price appreciation. Moreover, ENPH's recent earnings report demonstrated strong performance, surpassing market expectations and affirming the company's market value. Considering these factors, ENPH emerges as an appealing investment opportunity for investors seeking potential growth in the stock market.
ENPH's RSI Indicator recovers from oversold territory
The RSI Oscillator for ENPH moved out of oversold territory on May 08, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 30, 2023. You may want to consider a long position or call options on ENPH as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ENPH just turned positive on May 15, 2023. Looking at past instances where ENPH's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ENPH advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 360 cases where ENPH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for ENPH crossed bearishly below the 50-day moving average on May 01, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ENPH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ENPH broke above its upper Bollinger Band on May 30, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ENPH’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: ENPH's P/B Ratio (25.773) is slightly higher than the industry average of (5.945). P/E Ratio (53.476) is within average values for comparable stocks, (75.431). Projected Growth (PEG Ratio) (1.150) is also within normal values, averaging (2.139). Dividend Yield (0.000) settles around the average of (0.026) among similar stocks. P/S Ratio (10.101) is also within normal values, averaging (93.005).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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Industry description
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of solar micro-inverter systems
Industry ElectricalProducts
ENPH and
Correlation & Price change
A.I.dvisor indicates that over the last year, ENPH has been closely correlated with SEDG. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if ENPH jumps, then SEDG could also see price increases.
| Ticker / NAME | Correlation To ENPH | 1D Price Change % | ||
|---|---|---|---|---|
| ENPH | 100% | -0.07% | ||
| SEDG - ENPH | 76% Closely correlated | -1.14% | ||
| SPWR - ENPH | 73% Closely correlated | +0.45% | ||
| NOVA - ENPH | 69% Closely correlated | -1.28% | ||
| RUN - ENPH | 68% Closely correlated | +3.52% | ||
| ARRY - ENPH | 57% Loosely correlated | -1.86% | ||
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