ENI SPA-SPONSORED ADR (E) Stock Technical Analysis
USA - NYSE:E - US26874R1086 - ADR
34.03 USD
-0.56 (-1.62%)
34.03 USD
0 (0%)
Overall E gets a technical rating of 4 out of 10. In the last year, E was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
E is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 74% of 211 stocks in the same industry.
E 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 E is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, E outperforms 63% of them, which is more or less in line with the market.
In the last month E has a been trading in a tight range between 34.03 and 36.05.
E has an average technical rating and it also does not offer a high quality setup 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
26.11
36.30
We found 2 important support areas.
- A support zone ranging from 33.97 to 34.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.37 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 34.97 to 35.10. 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 35.93 to 35.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for E is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for E is down. |
| ChartMill Relative Strength | 63.28 | NEUTRAL | E is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of E is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of E is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of E is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.33 | NEUTRAL | The RSI value for E is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests E has a negative trend. |
| Stochastics (14,3) | 6.04 | OVERSOLD | The low Stochastics value suggests E may be oversold. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for E suggests low volalility. |
| Average Directional Index/ADX (14) | 14.09 | NEGATIVE | The low ADX value for E suggests a weak or negative trend. |
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)
34.03
-0.56 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.62%
1 Week-4.14%
2 Weeks-2.63%
1 Month-4.28%
3 Month3.34%
6 Month22.1%
12 Month10.63%
2 Year4.51%
3 Year29.2%
5 Year143.42%
10 Year4.39%
15 Year-24.26%
Volatility
ATR(14)0.5
ATR(20)%1.39%
ATR Inc-13.65%
Range Today0.29
ADR(20)0.36
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.28
Mansfield0.03
10 Day High36.05
10 Day Low34.03
20 Day High36.05
20 Day Low34.03
52 Week High36.05
52 Week Low24.65
CS1 End34.02
CR1 Start34.97
Volume & EV
DER(3)-1.15%
DER(5)0.06%
Volume240.30K
Volume Incr-9.27%
Vol(5)202.93K
Vol(50)229.22K