FTSE Epra/Nareit Emer Americas Index (ENEL.L) Stock Technical Analysis
LON:ENEL - London Exchange -
Overall ENEL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ENEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ENEL has an average volume of 0 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ENEL did better than 91% of all other stocks. We also observe that the gains produced by ENEL over the past year are nicely spread over this period.
A new 52 week high is currently being made by ENEL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ENEL is leading the market.
In the last month ENEL has a been trading in the 820.66 - 927.88 range, which is quite wide. It is currently trading near the high of this range.
Although ENEL 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.
More info and screens
800.53
933.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 841.11 to 859.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @827.01 from a horizontal line in the weekly time frame.
- Support @808.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 921.42 to 923.95. 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 ENEL.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENEL.L is up. |
| ChartMill Relative Strength | 91.38 | POSITIVE | ENEL.L has a high relative strength, it outperformed 91.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENEL.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENEL.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENEL.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.63 | OVERBOUGHT | The high RSI value suggests ENEL.L may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.46 | POSITIVE | The MACD value suggests ENEL.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.47 | OVERBOUGHT | The high Stochastics value suggests ENEL.L may be overbought. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for ENEL.L suggests low volalility. |
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)
FTSE Epra/Nareit Emer Americas Index
LON:ENEL (12/27/2019, 7:00:00 PM)
921.41
-2.53 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.27%
1 Week1.78%
2 Weeks4.99%
1 Month11.48%
3 Month13.08%
6 Month19.79%
12 Month45.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.35
ATR(20)%1.16%
ATR Inc-17.09%
Range Today8.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.38
Mansfield0.74
10 Day High927.88
10 Day Low872.58
20 Day High927.88
20 Day Low820.66
52 Week High927.88
52 Week Low632.8
CS1 End859.91
CR1 Start921.42
Volume & EV
DER(3)0%
DER(5)0%
VolumeN/A
Volume IncrNaN%
Vol(5)N/A
Vol(50)N/A