ENEL SPA (ENEL.MI) Stock Technical Analysis
BIT:ENEL - Euronext Milan - IT0003128367 - Common Stock - Currency: EUR
Overall ENEL gets a technical rating of 1 out of 10. ENEL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ENEL is one of the lesser performing stocks in the Electric Utilities industry. 60% of 16 stocks in the same industry do better.
ENEL has an average volume of 25419300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, ENEL outperforms 50% of them, which is more or less in line with the market.
ENEL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ENEL has a been trading in the 6.52 - 7.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ENEL has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.81
7.41
3 important support areas can be observed.
- A support zone ranging from 6.59 to 6.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.35 from a trend line in the weekly time frame.
- Support @5.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.80 to 7.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @7.18 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.34 to 7.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.13
Mansfield-0.15
10 Day High7.06
10 Day Low6.52
20 Day High7.06
20 Day Low6.52
52 Week High7.39
52 Week Low5.66
Performance
1 Week-3.84%
2 Weeks-0.86%
1 Month-1.54%
3 Month-2.83%
6 Month-3.73%
12 Month10.73%
2 Year20.63%
3 Year11.87%
5 Year7.08%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)45.01
LBB6.64
UBB7.12
BIT:ENEL (3/7/2025, 7:00:00 PM)
6.788
+0.14 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.06%
1 Week-3.84%
2 Weeks-0.86%
1 Month-1.54%
3 Month-2.83%
6 Month-3.73%
12 Month10.73%
2 Year20.63%
3 Year11.87%
5 Year7.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.61%
ATR Inc65.84%
Range Today0.14
ADR(20)0.1
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.13
Mansfield-0.15
10 Day High7.06
10 Day Low6.52
20 Day High7.06
20 Day Low6.52
52 Week High7.39
52 Week Low5.66
CS1 End6.68
CR1 Start6.8
Volume & EV
DER(3)0.41%
DER(5)0.6%
Volume30.67M
Volume Incr62.43%
Vol(5)38.39M
Vol(50)25.42M