ENEL SPA (ENEL.MI) Stock Technical Analysis
Europe - BIT:ENEL - IT0003128367 - Common Stock
7.957 EUR
0 (-0.04%)
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.
Both the short term and long term trends are positive. This is a very positive sign.
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.
ENEL has an average volume of 18719600 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 48% of them, which is more or less in line with the market.
ENEL is part of the Electric Utilities industry. There are 17 other stocks in this industry, ENEL did better than 50% of them.
In the last month ENEL has a been trading in a tight range between 7.69 and 8.00.
ENEL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 7.87, a Stop Loss order could be placed below this zone.
More info and screens
6.61
8.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.58 to 7.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.37 from a trend line in the weekly time frame.
- Support @6.94 from a trend line in the weekly time frame.
- Support @6.68 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The short term trend for ENEL.MI is up. |
| ChartMill Relative Strength | 48.11 | NEUTRAL | ENEL.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENEL.MI is above a declining 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) | 56.92 | NEUTRAL | The RSI value for ENEL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENEL.MI has a positive trend. |
| Stochastics (14,3) | 84.48 | OVERBOUGHT | The high Stochastics value suggests ENEL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for ENEL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 11.78 | 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.01 | 7.68 | 0.33 (4.09%) | 24.43% |
| An entry @8.01. This is a Buy Stop order right above the 10 day high. | An exit @7.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 4.09%. | When investing 24.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
BIT:ENEL (9/25/2025, 7:00:00 PM)
7.957
0 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.04%
1 Week2.7%
2 Weeks1.78%
1 Month-0.14%
3 Month-1.34%
6 Month5.6%
12 Month10.31%
2 Year36.72%
3 Year88.38%
5 Year7.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.05%
ATR Inc5.03%
Range Today0.07
ADR(20)0.08
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.11
Mansfield-0.28
10 Day High8
10 Day Low7.69
20 Day High8
20 Day Low7.69
52 Week High8.29
52 Week Low6.52
CS1 End7.87
CR1 Start8.13
Volume & EV
DER(3)0.89%
DER(5)0.89%
Volume13.36M
Volume Incr18.01%
Vol(5)20.20M
Vol(50)18.72M