Enphase Energy: fresh sell signal, trading not recommended

Enphase Energy receives a fresh weekly sell signal, in its 1st week. Signal strength stands at 6 out of 100 — an indecisive week, not a sharp decline — but the weekly technical picture remains bearish and the confirmation week is still in progress. The setup quality indicator is at 47 out of 100, in ordinary phase. The quality band rates trading as not recommended, with elevated volatility and minimum sizing.