Is Enphase Energy, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for Enphase Energy, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength, driven by daily moving averages indicating bearishness and both weekly and monthly Bollinger Bands also showing bearish signals. The MACD is mildly bullish on the weekly timeframe but bearish on the monthly, while the RSI shows no signal weekly and bullish monthly. Overall, the mixed signals suggest a bearish outlook.
In terms of performance, Enphase has significantly underperformed the S&P 500 across multiple periods, with a year-to-date return of -55.58% compared to the S&P 500's 16.30%, and a one-year return of -63.26% against the S&P 500's 19.89%.