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 Oscillator recovers from oversold territory
The RSI Indicator for ENPH moved out of oversold territory on September 11, 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 24 similar instances when the indicator left oversold territory. In of the 24 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 46 cases where ENPH's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ENPH just turned positive on August 28, 2023. Looking at past instances where ENPH's MACD turned positive, the stock continued to rise in of 51 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 356 cases, the price rose further within the following month. The odds of a continued upward trend are .
ENPH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ENPH as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 .
The Aroon Indicator for ENPH entered a downward trend on September 22, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying 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 well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock slightly 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 steady price growth. ENPH’s price grows at a higher 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 slightly 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 (16.807) is slightly higher than the industry average of (5.429). P/E Ratio (30.211) is within average values for comparable stocks, (37.363). Projected Growth (PEG Ratio) (1.189) is also within normal values, averaging (1.598). ENPH has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.025). P/S Ratio (6.234) is also within normal values, averaging (27.911).
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
Market Cap
High and low price notable news
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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 73% 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% | -3.95% | ||
| SEDG - ENPH | 73% Closely correlated | -1.24% | ||
| SPWR - ENPH | 67% Closely correlated | -3.78% | ||
| NOVA - ENPH | 63% Loosely correlated | +0.09% | ||
| RUN - ENPH | 63% Loosely correlated | -4.62% | ||
| CSIQ - ENPH | 51% Loosely correlated | -1.38% | ||
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