ENEL CHILE SA-ADR (ENIC) Stock Technical Analysis
NYSE:ENIC - New York Stock Exchange, Inc. - US29278D1054 - ADR - Currency: USD
We assign a technical rating of 6 out of 10 to ENIC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ENIC 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 ENIC slightly outperforms the market at the moment.
In the last month ENIC has a been trading in the 2.85 - 3.49 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ENIC did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ENIC is an average performer in the Electric Utilities industry, it outperforms 57% of 46 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ENIC has an average technical rating and the quality of the presented setup is also 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
2.57
3.52
4 important support areas can be observed.
- A support zone ranging from 3.15 to 3.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.08 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.83 to 2.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.38 to 3.41. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 3.47 to 3.49. 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
CRS88.54
Mansfield2.21
10 Day High3.36
10 Day Low2.89
20 Day High3.49
20 Day Low2.85
52 Week High3.5
52 Week Low2.51
Performance
1 Week6.69%
2 Weeks15.92%
1 Month0%
3 Month12.04%
6 Month18.79%
12 Month12.79%
2 Year19.22%
3 Year150%
5 Year-16.46%
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)56.12
LBB2.91
UBB3.43
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 |
|---|---|---|---|
| 3.42 | 3.14 | 0.28 (8.19%) | 12.21% |
| An entry @3.42. This is a Buy Stop order right above the resistance zone. | An exit @3.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.28 points, which is 8.19%. | For a 1.00% total portfolio risk, you can invest 12.21% 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.
NYSE:ENIC (4/23/2025, 3:42:01 PM)
3.375
+0.02 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.75%
1 Week6.69%
2 Weeks15.92%
1 Month0%
3 Month12.04%
6 Month18.79%
12 Month12.79%
2 Year19.22%
3 Year150%
5 Year-16.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%3.8%
ATR Inc-34.38%
Range Today0.04
ADR(20)0.11
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.54
Mansfield2.21
10 Day High3.36
10 Day Low2.89
20 Day High3.49
20 Day Low2.85
52 Week High3.5
52 Week Low2.51
CS1 End3.22
CR1 Start3.38
Volume & EV
DER(3)-0.21%
DER(5)-0.36%
Volume313.16K
Volume Incr-25.74%
Vol(5)544.20K
Vol(50)705.27K