ENEL SPA (ENEL.MI) Stock Technical Analysis
BIT:ENEL • IT0003128367
Overall ENEL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENEL is showing a nice and steady performance.
- 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 76% of all other stocks. On top of that, ENEL also shows a nice and consistent pattern of rising prices.
- ENEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ENEL has a been trading in the 8.81 - 9.76 range, which is quite wide. It is currently trading near the high of this range.
- ENEL has an average volume of 20368200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ENEL is part of the Electric Utilities industry. There are 27 other stocks in this industry, ENEL did better than 69% of them.
Although ENEL 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
7.50
5 important support areas can be observed.
- A support zone ranging from 9.07 to 9.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.48 to 8.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.98 from a trend line in the daily time frame.
- Support @7.76 from a trend line in the weekly time frame.
- Support @7.58 from a horizontal line in the daily 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 ENEL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENEL.MI is up. |
| ChartMill Relative Strength | 76.47 | POSITIVE | ENEL.MI has a high relative strength, it outperformed 76.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENEL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENEL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENEL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.99 | OVERBOUGHT | The high RSI value suggests ENEL.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ENEL.MI has a positive trend. |
| Stochastics (14,3) | 94.79 | OVERBOUGHT | The high Stochastics value suggests ENEL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for ENEL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 30.3 | POSITIVE | The high ADX value value for ENEL.MI suggests a strong trend. |
BIT:ENEL (2/12/2026, 2:43:04 PM)
9.406
-0.34 (-3.54%)
ENEL SPA / ENEL.MI FAQ
Can you provide the ChartMill technical rating for ENEL SPA?
ChartMill assigns a technical rating of 10 / 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 stock?
ENEL SPA (ENEL.MI) has an RSI value of 72.9867. This indicates that the stock is currently overbought.
What is the MACD signal for ENEL SPA (ENEL.MI) stock?
The MACD indicator for ENEL SPA (ENEL.MI) has a value of 0.0354712, indicating a bearish trend.
What is the buy/sell signal for ENEL SPA (ENEL.MI) stock?
The buy/sell signal for ENEL SPA (ENEL.MI) is buy as both the short term and long term trends are positive.