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ENPH Daily Technical Analysis

Enphase Energy, Inc

Home energy technology specializing in solutions that manage energy generation, storage, control, and communication through one integrated platform.

Last price: $40.31 Value score: 73.29 Short-term sentiment: Bullish Long-term sentiment: Bullish Last updated: 2026-01-23T15:17:41.029Z

ENPH Technical Analysis Summary

Enphase Energy is exhibiting a decisive bullish trend reversal, having broken out of a multi-month Inverse Head and Shoulders pattern and reclaimed the key 200-day moving average. Momentum is extremely strong with the RSI in overbought territory and price exceeding the upper Bollinger Band, suggesting buyers are in full control, though a retest of the breakout zone near $38 is possible. The technical structure points to a shift from a downtrend to a new potential uptrend, with the next major resistance zones lying near $48 and $55.

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ENPH Daily Chart

Daily candlestick price chart for ENPH as of 2026-01-23T15:17:41.029Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for ENPH as of 2026-01-23T15:17:41.029Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Bullish

Price is trading significantly above the 20-day SMA and Upper Bollinger Band, indicating a strong breakout. RSI is at 77.46 (overbought), reflecting intense buying momentum. MACD is rising and positive, confirming the upward thrust.

Long-term Sentiment (weeks to months): Bullish

Price has successfully broken and closed above the 200-day SMA (37.79) for the first time in the visible period, signaling a potential long-term trend reversal. The 50-day SMA is curling upward to approach the 200-day SMA.

Report Metadata

Support Price Levels

Level Range Strength Notes
$37.50 $37.00 - $38.00 Strong Confluence of the 200-day SMA and the breakout neckline of the inverse head and shoulders pattern.
$35.00 $34.50 - $35.50 Weak Near the 20-day SMA and recent consolidation highs prior to the latest surge.
$31.00 $30.00 - $32.00 Strong Major swing low area and current location of the rising 50-day SMA.

Resistance Price Levels

Level Range Strength Notes
$48.00 $47.00 - $49.00 Weak Previous swing high and consolidation zone visible in the mid-chart period (around June).
$55.00 $54.00 - $56.00 Strong Significant structural resistance from earlier in the chart before the major downtrend accelerated.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Inverse Head and Shoulders Bullish $53.00 A clear reversal pattern with a head around 22-25 and shoulders around 30. The neckline at approximately 38 has been broken.
Strong 200-Day SMA Breakout Bullish N/A Price has crossed above the long-term 200-day moving average, which is often a primary signal for a change in trend direction.

Frequently Asked Questions about ENPH

What is the current sentiment for ENPH?

The short-term sentiment for ENPH is currently Bullish because Price is trading significantly above the 20-day SMA and Upper Bollinger Band, indicating a strong breakout. RSI is at 77.46 (overbought), reflecting intense buying momentum. MACD is rising and positive, confirming the upward thrust.. The long-term trend is classified as Bullish.

What are the key support levels for ENPH?

StockDips.AI has identified key support levels for ENPH at $37.50 and $35.00. These levels may represent potential accumulation zones where buying interest could emerge.

Is ENPH in a significant dip or a Value Dip right now?

ENPH has a Value Score of 73/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.

View the full interactive analysis on StockDips.AI.