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ENEL SPA (ENEL.MI) Stock Technical Analysis

BIT:ENEL - Borsa Italiana Milan - IT0003128367 - Common Stock - Currency: EUR

6.952  +0.04 (+0.51%)

Technical Rating and Analysis

3

Taking everything into account, ENEL scores 3 out of 10 in our technical rating. 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 currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENEL is lagging the market slightly.
ENEL has an average volume of 23329900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, ENEL outperforms 57% of them, which is more or less in line with the market.
ENEL is part of the Electric Utilities industry. There are 16 other stocks in this industry, ENEL did better than 53% of them.
In the last month ENEL has a been trading in the 6.61 - 7.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ENEL SPA / ENEL Weekly stock chart
ENEL SPA / ENEL Daily stock chart
Setup Rating and Analysis

6

ENEL has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

6.25

7.41

We found 2 important support areas.

  • A support zone ranging from 6.56 to 6.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.31 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

  • Resistance @7.01 from a horizontal line in the daily time frame.
  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.96
Mansfield-0.39
10 Day High6.97
10 Day Low6.61
20 Day High7.2
20 Day Low6.61
52 Week High7.39
52 Week Low5.66
Performance
1 Week2.69%
2 Weeks3.95%
1 Month-0.5%
3 Month4.1%
6 Month8.47%
12 Month18.35%
2 Year30.75%
3 Year5.35%
5 Year-8.24%
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)0.01
RSI(14)55.65
LBB6.58
UBB7.08
ENEL SPA / ENEL Daily stock chart

ENEL SPA

BIT:ENEL (2/5/2025, 5:35:15 PM)

6.952

+0.04 (+0.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.51%
1 Week2.69%
2 Weeks3.95%
1 Month-0.5%
3 Month4.1%
6 Month8.47%
12 Month18.35%
2 Year30.75%
3 Year5.35%
5 Year-8.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.68%
ATR Inc-15.15%
Range Today0.12
ADR(20)0.1
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.96
Mansfield-0.39
10 Day High6.97
10 Day Low6.61
20 Day High7.2
20 Day Low6.61
52 Week High7.39
52 Week Low5.66
CS1 End6.9
CR1 Start7.01
Volume & EV
DER(3)0.68%
DER(5)0.93%
Volume9.01M
Volume Incr-30.65%
Vol(5)18.73M
Vol(50)23.33M