ENEL SPA (ENEL.MI) Stock Technical Analysis
Europe - BIT:ENEL - IT0003128367 - Common Stock
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.
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
7.45
We found 2 important support areas.
- A support zone ranging from 8.07 to 8.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.53 to 7.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.09 to 9.09. 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.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENEL.MI is up. |
| ChartMill Relative Strength | 79 | POSITIVE | ENEL.MI has a high relative strength, it outperformed 79% 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) | 79.27 | OVERBOUGHT | The high RSI value suggests ENEL.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ENEL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.78 | OVERBOUGHT | The high Stochastics value suggests ENEL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for ENEL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 48.36 | POSITIVE | The high ADX value value for ENEL.MI suggests a strong trend. |
BIT:ENEL (11/17/2025, 7:00:00 PM)
9.082
+0.1 (+1.15%)
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 trend direction for ENEL 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 79.2735. This indicates that the stock is currently overbought.
What is the short term momentum for ENEL stock?
The short term momentum for ENEL SPA (ENEL.MI) is positive.
What are the support and resistance levels for ENEL SPA (ENEL.MI) stock?
ENEL SPA (ENEL.MI) has a support level at 8.18 and a resistance level at 9.09. Check the full technical report for our detailed analysis of ENEL.MI support and resistance levels.