Is This the Top for Enphase Energy Inc. (ENPH) – Tale of the Tape

Zacks

Enphase Energy Inc. (ENPH) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because ENPH is now in overbought territory with an RSI value of 74.00.

Furthermore, estimates for the Enphase Energy Inc. have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

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