ENERGY INCOME FUND (ENI-UN.CA) Stock Technical Analysis
TSX:ENI-UN • CA29270B2066
Overall ENI-UN gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENI-UN is only an average performer.
- Warning: ENI-UN has an average volume of 2939 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by ENI-UN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ENI-UN has a been trading in the 1.85 - 2.20 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ENI-UN turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
ENI-UN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.21. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ENI-UN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.45
When analyzing the support we can see 9 important areas.
- Support @2.18 from a horizontal line in the daily time frame.
- A support zone ranging from 2.05 to 2.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.91 from a horizontal line in the daily time frame.
- Support @1.83 from a trend line in the weekly time frame.
- Support @1.68 from a trend line in the daily time frame.
- Support @1.63 from a horizontal line in the daily time frame.
- Support @1.57 from a horizontal line in the daily time frame.
- Support @1.46 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.21 to 2.21. 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 ENI-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENI-UN.CA is up. |
| ChartMill Relative Strength | 66.55 | NEUTRAL | ENI-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENI-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENI-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENI-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.76 | NEUTRAL | The RSI value for ENI-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ENI-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests ENI-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ENI-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.77 | NEGATIVE | The low ADX value for ENI-UN.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.22 | 2.17 | 0.05 (2.25%) | 25.00% |
| An entry @2.22. This is a Buy Stop order right above the resistance zone. | An exit @2.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.05 points, which is 2.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of ENI-UN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ENI-UN (2/18/2026, 7:00:00 PM)
2.2
0 (0%)
ENERGY INCOME FUND / ENI-UN.CA FAQ
What is the technical rating for ENI-UN stock?
ChartMill assigns a technical rating of 8 / 10 to ENI-UN.CA.
Can you provide the trend direction for ENERGY INCOME FUND?
The current trend direction for ENERGY INCOME FUND (ENI-UN.CA) is Bullish.
What is the RSI signal for ENERGY INCOME FUND (ENI-UN.CA) stock?
ENERGY INCOME FUND (ENI-UN.CA) has an RSI value of 56.7591. This indicates that the stock is currently neutral.
What is the buy/sell signal for ENERGY INCOME FUND (ENI-UN.CA) stock?
The buy/sell signal for ENERGY INCOME FUND (ENI-UN.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ENERGY INCOME FUND (ENI-UN.CA) stock?
ENERGY INCOME FUND (ENI-UN.CA) has a support level at 2.18 and a resistance level at 2.21. Check the full technical report for our detailed analysis of ENI-UN.CA support and resistance levels.