ENEL SPA (ENEL.MI) Stock Technical Analysis
BIT:ENEL - Euronext Milan - IT0003128367 - Common Stock - Currency: EUR
Taking everything into account, ENEL scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ENEL did better than 83% of all other stocks.
ENEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ENEL is leading the market.
In the last month ENEL has a been trading in the 7.45 - 8.16 range, which is quite wide. It is currently trading near the high of this range.
ENEL has an average volume of 34552700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ENEL is part of the Electric Utilities industry. There are 16 other stocks in this industry, ENEL did better than 46% of them.
ENEL has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.52
8.16
When analyzing the support we can see 4 important areas.
- Support @8.07 from a trend line in the daily time frame.
- A support zone ranging from 7.46 to 7.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.99 to 7.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 6.59 to 6.80. 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 | 83.71 | POSITIVE | ENEL.MI has a high relative strength, it outperformed 83.71% 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) | 69.5 | NEUTRAL | The RSI value for ENEL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENEL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.1 | OVERBOUGHT | The high Stochastics value suggests ENEL.MI may be overbought. |
| 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) | 30.6 | POSITIVE | The high ADX value value for ENEL.MI suggests a strong 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 (5/23/2025, 7:00:00 PM)
8.079
-0.04 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.55%
1 Week1.55%
2 Weeks4.38%
1 Month7.72%
3 Month17.99%
6 Month20.17%
12 Month23.23%
2 Year37.91%
3 Year33.67%
5 Year17.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%1.5%
ATR Inc-1.41%
Range Today0.14
ADR(20)0.11
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.71
Mansfield1.36
10 Day High8.16
10 Day Low7.55
20 Day High8.16
20 Day Low7.45
52 Week High8.16
52 Week Low6.24
CS1 End8.07
CR1 StartN/A
Volume & EV
DER(3)0.37%
DER(5)0.22%
Volume29.81M
Volume Incr-6.4%
Vol(5)24.30M
Vol(50)34.55M