ENEL SPA (ENEL.MI) Technical Analysis

BIT:ENEL • IT0003128367

9.71 EUR
+0.22 (+2.36%)
Last: Mar 13, 2026, 05:36 PM
Technical Rating and Analysis

7

Overall ENEL gets a technical rating of 7 out of 10. In the last year, ENEL was one of the better performers, but we do observe some doubts in the very recent evolution.

  • The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
  • When comparing the yearly performance of all stocks, we notice that ENEL is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by ENEL over the past year are nicely spread over this period.
  • ENEL is one of the better performing stocks in the Electric Utilities industry, it outperforms 73% of 27 stocks in the same industry.
  • ENEL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENEL is performing more or less in line with the market.
  • In the last month ENEL has a been trading in the 8.88 - 10.31 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 24779700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ENEL SPA / ENEL Weekly stock chart
ENEL SPA / ENEL Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, ENEL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 9.39, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

7.35

9.81

We found 3 important support areas.

  • A support zone ranging from 9.28 to 9.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 8.62 to 8.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.42 from a trend line in the weekly time frame.

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 Strength76.98POSITIVEENEL.MI has a high relative strength, it outperformed 76.98% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of ENEL.MI is above a declining 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)49.48NEUTRALThe RSI value for ENEL.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests ENEL.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)40.76NEUTRALThe Stochastics value for ENEL.MI is a neutral value.
Average True Range in percent/ATR (20)3.17MEDIUM VOLATILITYThe ATR as a percentage value for ENEL.MI suggests some volalility.
Average Directional Index/ADX (14)17.18NEGATIVEThe low ADX value for ENEL.MI suggests a weak or negative trend.
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)
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
10.329.271.05 (10.17%)9.83%
An entry @10.32. This is a Buy Stop order right above the 10 day high.An exit @9.27. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.05 points, which is 10.17%.For a 1.00% total portfolio risk, you can invest 9.83% of your capital in this trade.

  • 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 (3/13/2026, 5:36:15 PM)

9.71

+0.22 (+2.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.36%
1 Week0.25%
2 Weeks-6.67%
1 Month-1.02%
3 Month8.78%
6 Month20.7%
12 Month34.76%
2 Year55.03%
3 Year68.58%
5 Year11.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%3.17%
ATR Inc-34.15%
Range Today0.41
ADR(20)0.26
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.98
3 months CRS70.64
6 months CRS75.86
Mansfield0.83
10 Day High10.31
10 Day Low9.11
20 Day High10.31
20 Day Low8.88
52 Week High10.31
52 Week Low6.71
CS1 End9.39
CR1 StartN/A
Volume & EV
DER(3)-0.89%
DER(5)-1.18%
Volume11.41M
Volume Incr-16.26%
Vol(5)24.24M
Vol(50)24.78M

ENEL SPA / ENEL.MI FAQ

Can you provide the ChartMill technical rating for ENEL SPA?

ChartMill assigns a technical rating of 7 / 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 49.4833. This indicates that the stock is currently neutral.


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

The MACD indicator for ENEL SPA (ENEL.MI) has a value of -0.0440646, indicating a bearish trend.