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 bearish signals across multiple indicators. The MACD is bearish on a monthly basis, while the weekly MACD is only mildly bullish. Both the Bollinger Bands and moving averages indicate bearish conditions. The KST shows mixed signals with a mildly bullish weekly reading but bearish monthly. The Dow Theory reflects a mildly bearish weekly and mildly bullish monthly stance, suggesting some indecision.
Enphase has significantly underperformed against the S&P 500, with a year-to-date return of -57.03% compared to the S&P 500's 16.30%, and a one-year return of -64.68% versus 19.89% for the index.