Europe - Euronext Milan - BIT:ENV - IT0004356751 - Common Stock
We assign a technical rating of 2 out of 10 to ENV. ENV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
ENV 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.
2.77
When analyzing the support we can see 3 important areas.
We can see 3 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 | NEUTRAL | NEUTRAL | The long term trend for ENV.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENV.MI is down. |
| ChartMill Relative Strength | 38.81 | NEUTRAL | ENV.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENV.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENV.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENV.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.62 | NEUTRAL | The RSI value for ENV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ENV.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.65 | OVERSOLD | The low Stochastics value suggests ENV.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ENV.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.59 | NEUTRAL | The ADX value for ENV.MI suggests a possible start of a new trend. |
BIT:ENV (12/19/2025, 7:00:00 PM)
3.78
+0.04 (+1.07%)
ChartMill assigns a technical rating of 2 / 10 to ENV.MI.
The current trend direction for ENERVIT (ENV.MI) is Bearish.
ENERVIT (ENV.MI) has an RSI value of 41.6198. This indicates that the stock is currently neutral.
The short term momentum for ENERVIT (ENV.MI) is negative.