ENEL SPA (ENEL.MI) Stock Technical Analysis
BIT:ENEL - Euronext Milan - IT0003128367 - Common Stock - Currency: EUR
Overall ENEL gets a technical rating of 4 out of 10. In the last year, ENEL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ENEL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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.
ENEL has an average volume of 19173300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ENEL turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
ENEL is an average performer in the Electric Utilities industry, it outperforms 60% of 16 stocks in the same industry.
In the last month ENEL has a been trading in a tight range between 7.58 and 8.00.
ENEL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.81, a Stop Loss order could be placed below this zone.
More info and screens
6.57
8.33
We found 5 important support areas.
- A support zone ranging from 7.77 to 7.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.58 from a horizontal line in the daily time frame.
- Support @7.25 from a trend line in the weekly time frame.
- A support zone ranging from 6.80 to 6.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.64 to 6.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important 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 | NEUTRAL | NEUTRAL | The short term trend for ENEL.MI is neutral. |
| ChartMill Relative Strength | 58.94 | 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) | 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) | 48.55 | 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) | 65.01 | NEUTRAL | The Stochastics value for ENEL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for ENEL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.16 | 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 (8/12/2025, 12:57:17 PM)
7.888
+0.08 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.97%
1 Week-0.53%
2 Weeks1.45%
1 Month-1.85%
3 Month-1.81%
6 Month13.61%
12 Month18.9%
2 Year25.8%
3 Year66.37%
5 Year2.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%1.5%
ATR Inc-28.78%
Range Today0.06
ADR(20)0.1
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.94
Mansfield-0.13
10 Day High7.9
10 Day Low7.58
20 Day High8
20 Day Low7.58
52 Week High8.29
52 Week Low6.52
CS1 End7.81
CR1 Start8.13
Volume & EV
DER(3)0.97%
DER(5)0.02%
Volume1.25M
Volume Incr-19%
Vol(5)17.51M
Vol(50)19.17M