
Europe - Euronext Milan - BIT:ENERW - IE000J0LN0R5 - ETF
Overall ENERW gets a technical rating of 2 out of 10. ENERW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ENERW 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.
10.11
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ENERW.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENERW.MI is down. |
| ChartMill Relative Strength | 2.19 | NEGATIVE | ENERW.MI has a low relative strength, it was outperformed by 97.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENERW.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENERW.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENERW.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.47 | NEUTRAL | The RSI value for ENERW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests ENERW.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.41 | OVERBOUGHT | The high Stochastics value suggests ENERW.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for ENERW.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.76 | NEUTRAL | The ADX value for ENERW.MI suggests a possible start of a new trend. |
BIT:ENERW (12/12/2025, 7:00:00 PM)
11.204
-0.24 (-2.06%)
ChartMill assigns a technical rating of 2 / 10 to ENERW.MI.
The current trend direction for AM S&P W ENERGY SCREENED D (ENERW.MI) is Bearish.
AM S&P W ENERGY SCREENED D (ENERW.MI) has an RSI value of 45.4691. This indicates that the stock is currently neutral.
The MACD indicator for AM S&P W ENERGY SCREENED D (ENERW.MI) has a value of 0.206874, indicating a bearish trend.
The short term momentum for AM S&P W ENERGY SCREENED D (ENERW.MI) is negative.