ENEL SPA (ENEL.MI) Stock Technical Analysis
BIT:ENEL - Euronext Milan - IT0003128367 - Common Stock - Currency: EUR
Taking everything into account, ENEL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENEL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ENEL did better than 83% of all other stocks.
ENEL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ENEL slightly outperforms the market at the moment.
ENEL has an average volume of 35371500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ENEL is part of the Electric Utilities industry. There are 17 other stocks in this industry, ENEL did better than 43% of them.
In the last month ENEL has a been trading in the 6.71 - 7.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ENEL has an excellent technical rating, the quality of the presented setup is not ideal 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
6.52
7.53
We found 3 important support areas.
- A support zone ranging from 7.09 to 7.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.94 from a trend line in the weekly time frame.
- A support zone ranging from 6.59 to 6.80. 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
CRS83.06
Mansfield1.41
10 Day High7.56
10 Day Low6.71
20 Day High7.86
20 Day Low6.71
52 Week High7.86
52 Week Low6.14
Performance
1 Week5.28%
2 Weeks8.69%
1 Month3.41%
3 Month11.57%
6 Month3.7%
12 Month21.6%
2 Year20.25%
3 Year19.88%
5 Year19.53%
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)58.34
LBB6.66
UBB7.81
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.56 | 7.08 | 0.48 (6.41%) | 15.60% |
| An entry @7.56. This is a Buy Stop order right above the 10 day high. | An exit @7.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.48 points, which is 6.41%. | For a 1.00% total portfolio risk, you can invest 15.60% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:ENEL (4/23/2025, 7:00:00 PM)
7.454
-0.04 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.57%
1 Week5.28%
2 Weeks8.69%
1 Month3.41%
3 Month11.57%
6 Month3.7%
12 Month21.6%
2 Year20.25%
3 Year19.88%
5 Year19.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.63%
ATR Inc-14.09%
Range Today0.23
ADR(20)0.17
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.06
Mansfield1.41
10 Day High7.56
10 Day Low6.71
20 Day High7.86
20 Day Low6.71
52 Week High7.86
52 Week Low6.14
CS1 End7.29
CR1 StartN/A
Volume & EV
DER(3)-0.3%
DER(5)-0.03%
Volume29.99M
Volume Incr-32.82%
Vol(5)31.23M
Vol(50)35.37M