ENDESA SA (ELE.MC) Stock Technical Analysis
Europe - BME:ELE - ES0130670112 - Common Stock
We assign a technical rating of 10 out of 10 to ELE. Both in the recent history as in the last year, ELE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ELE has an excellent technical rating, it 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
22.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.96 to 29.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.64 to 27.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @25.18 from a horizontal line in the daily time frame.
- Support @23.22 from a trend line in the weekly time frame.
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 ELE.MC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELE.MC is up. |
| ChartMill Relative Strength | 88.48 | POSITIVE | ELE.MC has a high relative strength, it outperformed 88.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELE.MC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELE.MC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELE.MC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.5 | OVERBOUGHT | The high RSI value suggests ELE.MC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ELE.MC has a positive trend. |
| Stochastics (14,3) | 94.53 | OVERBOUGHT | The high Stochastics value suggests ELE.MC may be overbought. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for ELE.MC suggests low volalility. |
| Average Directional Index/ADX (14) | 48.54 | POSITIVE | The high ADX value value for ELE.MC suggests a strong trend. |
BME:ELE (10/31/2025, 5:36:15 PM)
31.09
-0.15 (-0.48%)
ENDESA SA / ELE.MC FAQ
What is the technical rating for ELE stock?
ChartMill assigns a technical rating of 10 / 10 to ELE.MC.
What is the trend direction for ELE stock?
The current trend direction for ENDESA SA (ELE.MC) is Bullish.
Can you provide the RSI signal for ENDESA SA?
ENDESA SA (ELE.MC) has an RSI value of 82.4987. This indicates that the stock is currently overbought.
What is the short term momentum for ELE stock?
The short term momentum for ENDESA SA (ELE.MC) is positive.
What are the support and resistance levels for ENDESA SA (ELE.MC) stock?
ENDESA SA (ELE.MC) has a support level at 29.86. Check the full technical report for our detailed analysis of ELE.MC support and resistance levels.