ENEL SPA (ENEL.MI) Stock Technical Analysis
BIT:ENEL - IT0003128367 - Common Stock
7.849 EUR
+0.03 (+0.44%)
Taking everything into account, ENEL scores 4 out of 10 in our technical rating. In the last year, ENEL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
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 7.69 - 8.19 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 18598600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ENEL outperforms 47% of them, which is more or less in line with the market.
ENEL is part of the Electric Utilities industry. There are 15 other stocks in this industry, ENEL did better than 50% of them.
Although the technical rating is only medium, ENEL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 7.69, a Stop Loss order could be placed below this zone.
More info and screens
6.61
8.33
4 important support areas can be observed.
- A support zone ranging from 7.58 to 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.31 from a trend line in the weekly time frame.
- Support @6.80 from a horizontal line in the daily time frame.
- Support @6.68 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.88 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.13 to 8.25. 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 | NEUTRAL | NEUTRAL | The short term trend for ENEL.MI is neutral. |
| ChartMill Relative Strength | 47.48 | NEUTRAL | ENEL.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENEL.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENEL.MI is below a declining 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) | 45.2 | NEUTRAL | The RSI value for ENEL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ENEL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.51 | OVERSOLD | The low Stochastics value suggests ENEL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for ENEL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for ENEL.MI suggests a weak or negative trend. |
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)
BIT:ENEL (9/4/2025, 7:00:00 PM)
7.849
+0.03 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.44%
1 Week-1.49%
2 Weeks-3.42%
1 Month0.45%
3 Month-2.25%
6 Month15.63%
12 Month11.32%
2 Year34.86%
3 Year85.82%
5 Year5.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%1.14%
ATR Inc-3%
Range Today0.1
ADR(20)0.08
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.48
Mansfield-0.32
10 Day High8.19
10 Day Low7.76
20 Day High8.19
20 Day Low7.69
52 Week High8.29
52 Week Low6.52
CS1 End7.69
CR1 Start7.88
Volume & EV
DER(3)-0.28%
DER(5)-0.16%
Volume17.09M
Volume Incr-23.05%
Vol(5)14.43M
Vol(50)18.60M