Europe - BME:ENG - ES0130960018 - Common Stock
We assign a technical rating of 0 out of 10 to ENG. ENG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ENG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ENG in the last couple of days, which is a good sign.
12.93
We found 1 important support area.
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ENG.MC is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENG.MC is down. |
ChartMill Relative Strength | 23.36 | NEGATIVE | ENG.MC has a low relative strength, it was outperformed by 76.64% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENG.MC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENG.MC is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENG.MC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.23 | NEUTRAL | The RSI value for ENG.MC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENG.MC has a negative trend. |
Stochastics (14,3) | 24.82 | NEUTRAL | The Stochastics value for ENG.MC is a neutral value. |
Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for ENG.MC suggests low volalility. |
Average Directional Index/ADX (14) | 11.85 | NEGATIVE | The low ADX value for ENG.MC suggests a weak or negative trend. |
BME:ENG (9/22/2025, 10:27:56 AM)
13.175
+0.04 (+0.3%)