ENEL SPA (ENEL.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ENEL - IT0003128367 - Common Stock
Overall ENEL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENEL is showing a nice and steady performance.
Although ENEL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.50
3 important support areas can be observed.
- A support zone ranging from 8.51 to 8.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.31 from a trend line in the weekly time frame.
- A support zone ranging from 7.58 to 7.78. 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 | 75.31 | POSITIVE | ENEL.MI has a high relative strength, it outperformed 75.31% 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) | 72.44 | OVERBOUGHT | The high RSI value suggests ENEL.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ENEL.MI has a positive trend. |
| Stochastics (14,3) | 89.07 | 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) | 23.7 | NEUTRAL | The ADX value for ENEL.MI suggests a possible start of a new trend. |
BIT:ENEL (1/7/2026, 7:00:00 PM)
9.27
+0.07 (+0.76%)
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 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 72.4385. This indicates that the stock is currently overbought.
What is the MACD signal for ENEL SPA (ENEL.MI) stock?
The MACD indicator for ENEL SPA (ENEL.MI) has a value of 0.0555836, indicating a bearish trend.
What is the buy/sell signal for ENEL SPA (ENEL.MI) stock?
The buy/sell signal for ENEL SPA (ENEL.MI) is buy as both the short term and long term trends are positive.