ENEL SPA (ENEL.MI) Technical Analysis

BIT:ENEL • IT0003128367

Current stock price

9.924 EUR
+0.26 (+2.65%)
Last:

ENEL.MI Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ENEL. Although ENEL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
  • ENEL 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 ENEL is lagging the market slightly.
  • In the last month ENEL has a been trading in the 9.51 - 10.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
  • ENEL has an average volume of 28198800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • When comparing the performance of all stocks over the past year, ENEL turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
  • ENEL is part of the Electric Utilities industry. There are 20 other stocks in this industry, ENEL did better than 57% of them.
  • Considerably lower volume is observed in the last couple of days.

ENEL.MI Weekly and Daily overview Charts

ENEL SPA / ENEL Weekly stock chart
ENEL SPA / ENEL Daily stock chart

ENEL.MI Setup Rating and Analysis

6

ENEL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 9.92, a Stop Loss order could be placed below this zone.

ENEL.MI Support and Resistance Analysis

7.32

10.02

We found 5 important support areas.

  • A support zone ranging from 9.80 to 9.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @9.34 from a trend line in the daily time frame.
  • A support zone ranging from 9.06 to 9.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 8.71 to 8.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.39 from a trend line in the weekly time frame.

ENEL.MI Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ENEL.MI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ENEL.MI is neutral.
ChartMill Relative Strength69.79NEUTRALENEL.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ENEL.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ENEL.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ENEL.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)57.1NEUTRALThe RSI value for ENEL.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests ENEL.MI has a positive trend.
Stochastics (14,3)67.9NEUTRALThe Stochastics value for ENEL.MI is a neutral value.
Average True Range in percent/ATR (20)1.89LOW VOLATILITYThe low ATR as a percentage value for ENEL.MI suggests low volalility.
Average Directional Index/ADX (14)13.06NEGATIVEThe low ADX value for ENEL.MI suggests a weak or negative trend.

ENEL.MI Chart- and CandleStick Pattern Analysis

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)

ENEL.MI Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
9.979.790.17 (1.76%)25.00%
An entry @9.96. This is a Buy Stop order right above the 10 day high.An exit @9.79. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.17 points, which is 1.76%.For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of ENEL. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

ENEL.MI Technicals: Chart, Performance Metrics, Trend & Indicators

ENEL SPA / ENEL Daily stock chart

ENEL SPA

BIT:ENEL (4/30/2026, 7:00:00 PM)

9.924

+0.26 (+2.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.65%
1 Week0.4%
2 Weeks2.35%
1 Month5.86%
3 Month6.62%
6 Month13.13%
12 Month29.29%
2 Year60.56%
3 Year60.09%
5 Year20.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.89%
ATR Inc128.81%
Range Today0.34
ADR(20)0.18
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.79
3 months CRS68.04
6 months CRS65.16
Mansfield0.5
10 Day High9.96
10 Day Low9.62
20 Day High10.09
20 Day Low9.51
52 Week High10.31
52 Week Low7.55
CS1 End9.92
CR1 StartN/A
Volume & EV
DER(3)-0.62%
DER(5)-0.08%
Volume23.35M
Volume Incr-48.2%
Vol(5)15.19M
Vol(50)28.20M

ENEL SPA / ENEL.MI TA FAQ

Can you provide the ChartMill technical rating for ENEL SPA?

ChartMill assigns a technical rating of 6 / 10 to ENEL.MI.


What is the current trend direction of ENEL SPA (ENEL.MI) stock?

The current trend direction for ENEL SPA (ENEL.MI) is Bullish.


What is the RSI signal for ENEL SPA (ENEL.MI) stock?

ENEL SPA (ENEL.MI) has an RSI value of 57.0957. This indicates that the stock is currently neutral.


What is the short term momentum for ENEL stock?

The short term momentum for ENEL SPA (ENEL.MI) is neutral.


Can you provide the support and resistance levels for ENEL SPA?

ENEL SPA (ENEL.MI) has a support level at 9.92. Check the full technical report for our detailed analysis of ENEL.MI support and resistance levels.