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ENLIGHT RENEWABLE ENERGY LTD (ENLT) Stock Technical Analysis

NASDAQ:ENLT - Nasdaq - IL0007200111 - Common Stock - Currency: USD

17.82  -0.2 (-1.11%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to ENLT. Although ENLT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: ENLT has an average volume of 21122 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ENLT 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 ENLT is lagging the market slightly.
In the last month ENLT has a been trading in the 15.67 - 18.28 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ENLT turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
ENLT is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 63% of 20 stocks in the same industry.
Weekly and Daily overview Charts
ENLIGHT RENEWABLE ENERGY LTD / ENLT Weekly stock chart
ENLIGHT RENEWABLE ENERGY LTD / ENLT Daily stock chart
Setup Rating and Analysis

3

Although ENLT has an excellent technical rating, it does not present a decent entry opportunity 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

15.00

18.20

We found 5 important support areas.

  • Support @17.40 from a horizontal line in the daily time frame.
  • A support zone ranging from 16.66 to 17.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.05 to 16.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 15.46 to 15.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @15.15 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 17.83 to 18.02. 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
CRS68.55
Mansfield-0.02
10 Day High18.28
10 Day Low16.24
20 Day High18.28
20 Day Low15.67
52 Week High18.48
52 Week Low14.09
Performance
1 Week5.44%
2 Weeks8.46%
1 Month9.86%
3 Month10.41%
6 Month9.73%
12 Month3.01%
2 Year9.53%
3 YearN/A
5 YearN/A
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)0.17
RSI(14)61.58
LBB15.78
UBB18.07
ENLIGHT RENEWABLE ENERGY LTD / ENLT Daily stock chart

ENLIGHT RENEWABLE ENERGY LTD

NASDAQ:ENLT (2/21/2025, 8:15:48 PM)

17.82

-0.2 (-1.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.11%
1 Week5.44%
2 Weeks8.46%
1 Month9.86%
3 Month10.41%
6 Month9.73%
12 Month3.01%
2 Year9.53%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%2.88%
ATR Inc1.39%
Range Today0.36
ADR(20)0.44
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.55
Mansfield-0.02
10 Day High18.28
10 Day Low16.24
20 Day High18.28
20 Day Low15.67
52 Week High18.48
52 Week Low14.09
CS1 End17.4
CR1 Start17.83
Volume & EV
DER(3)0.31%
DER(5)2.98%
Volume9.50K
Volume Incr2.59%
Vol(5)21.36K
Vol(50)21.12K