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ENAGAS SA (ENG.MC) Stock Technical Analysis

BME:ENG - Bolsa De Madrid - ES0130960018 - Common Stock - Currency: EUR

13.34  +0.03 (+0.23%)

Technical Rating and Analysis

7

Taking everything into account, ENG scores 7 out of 10 in our technical rating. ENG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, ENG turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
ENG 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 ENG has a been trading in the 12.34 - 13.88 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
ENAGAS SA / ENG Weekly stock chart
ENAGAS SA / ENG Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, ENG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ENG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

11.51

14.01

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 12.79 to 13.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.22 to 12.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 11.63 to 11.66. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @13.38 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 13.60 to 13.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Strong resistance @13.87 from a horizontal line in the daily time frame.
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
CRS65.58
Mansfield0.33
10 Day High13.48
10 Day Low12.36
20 Day High13.88
20 Day Low12.34
52 Week High14.94
52 Week Low11.58
Performance
1 Week0.19%
2 Weeks4.63%
1 Month2.81%
3 Month13%
6 Month-1.84%
12 Month-3.37%
2 Year-26.38%
3 Year-35.32%
5 Year-37.61%
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)57.37
LBB12.36
UBB13.78
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
13.3912.780.61 (4.56%)21.95%
An entry @13.39. This is a Buy Stop order right above the resistance zone.An exit @12.78. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.61 points, which is 4.56%.For a 1.00% total portfolio risk, you can invest 21.95% 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.
ENAGAS SA / ENG Daily stock chart

ENAGAS SA

BME:ENG (4/25/2025, 5:29:57 PM)

13.34

+0.03 (+0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week0.19%
2 Weeks4.63%
1 Month2.81%
3 Month13%
6 Month-1.84%
12 Month-3.37%
2 Year-26.38%
3 Year-35.32%
5 Year-37.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%2.39%
ATR Inc-59.96%
Range Today0.12
ADR(20)0.28
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.58
Mansfield0.33
10 Day High13.48
10 Day Low12.36
20 Day High13.88
20 Day Low12.34
52 Week High14.94
52 Week Low11.58
CS1 End13.12
CR1 Start13.38
Volume & EV
DER(3)7.86%
DER(5)7.97%
Volume406.54K
Volume Incr-28.85%
Vol(5)374.71K
Vol(50)520.24K