ENEL SPA (ENEL.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ENEL - IT0003128367 - Common Stock
Taking everything into account, ENEL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ENEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ENEL did better than 70% of all other stocks. We also observe that the gains produced by ENEL over the past year are nicely spread over this period.
- ENEL is one of the better performing stocks in the Electric Utilities industry, it outperforms 78% of 29 stocks in the same industry.
- ENEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ENEL has a been trading in the 8.58 - 9.42 range, which is quite wide. It is currently trading near the high of this range.
- ENEL has an average volume of 20050800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ENEL has an excellent technical rating, the quality of the presented setup is not ideal 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
7.50
4 important support areas can be observed.
- A support zone ranging from 9.21 to 9.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.56 to 8.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.34 from a trend line in the weekly time frame.
- 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.
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 | 70.62 | POSITIVE | ENEL.MI has a high relative strength, it outperformed 70.62% 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) | 66.96 | NEUTRAL | The RSI value for ENEL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ENEL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.87 | OVERBOUGHT | The high Stochastics value suggests ENEL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for ENEL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 30.64 | POSITIVE | The high ADX value value for ENEL.MI suggests a strong trend. |
BIT:ENEL (1/16/2026, 4:29:15 PM)
9.332
+0.04 (+0.4%)
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 66.963. This indicates that the stock is currently neutral.
What is the MACD signal for ENEL SPA (ENEL.MI) stock?
The MACD indicator for ENEL SPA (ENEL.MI) has a value of 0.0342674, 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.