ENLIGHT RENEWABLE ENERGY LTD (ENLT) Stock Technical Analysis
NASDAQ:ENLT - Nasdaq - IL0007200111 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ENLT. ENLT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ENLT is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 60% of 21 stocks in the same industry do better.
ENLT is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so ENLT is not an exception.
Warning: ENLT has an average volume of 11328 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, ENLT outperforms 53% of them, which is more or less in line with the market.
In the last month ENLT has a been trading in the 14.01 - 16.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ENLT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.65, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ENLT 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.
More info and screens
14.30
18.50
When analyzing the support we notice one important area.
- A support zone ranging from 14.44 to 14.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 15.50 to 15.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.39 to 16.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.50 to 17.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.02 from a horizontal line in the daily time frame.
- Resistance @18.32 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.05
Mansfield0.1
10 Day High15.95
10 Day Low14.01
20 Day High16.25
20 Day Low14.01
52 Week High18.48
52 Week Low14.01
Performance
1 Week1.65%
2 Weeks0.47%
1 Month-6.49%
3 Month-7.75%
6 Month-4.24%
12 Month-4.06%
2 Year-7.75%
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)0.03
RSI(14)42.74
LBB14.41
UBB16.21
NASDAQ:ENLT (4/21/2025, 8:08:29 PM)
15.12
-0.49 (-3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-3.14%
1 Week1.65%
2 Weeks0.47%
1 Month-6.49%
3 Month-7.75%
6 Month-4.24%
12 Month-4.06%
2 Year-7.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%3.63%
ATR Inc-26.71%
Range Today0.27
ADR(20)0.45
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.05
Mansfield0.1
10 Day High15.95
10 Day Low14.01
20 Day High16.25
20 Day Low14.01
52 Week High18.48
52 Week Low14.01
CS1 End14.65
CR1 Start15.5
Volume & EV
DER(3)5.94%
DER(5)5.64%
Volume7.30K
Volume Incr-66.04%
Vol(5)5.25K
Vol(50)11.33K