ENERGY INCOME FUND (ENI-UN.CA) Stock Technical Analysis
Canada - TSX:ENI-UN - CA29270B2066
2.1 CAD
+0.1 (+5%)
Taking everything into account, ENI-UN scores 8 out of 10 in our technical rating. Although ENI-UN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ENI-UN has an average volume of 4481 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ENI-UN 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 ENI-UN has a been trading in the 1.67 - 2.19 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ENI-UN is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ENI-UN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.80, a Stop Loss order could be placed below this zone.
More info and screens
1.45
2.12
4 important support areas can be observed.
- A support zone ranging from 1.77 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.74 from a trend line in the daily time frame.
- Support @1.60 from a horizontal line in the daily time frame.
- A support zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | 75.09 | POSITIVE | ENI-UN.CA has a high relative strength, it outperformed 75.09% off all stocks 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) | 59.77 | NEUTRAL | The RSI value for ENI-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENI-UN.CA has a positive trend. |
| Stochastics (14,3) | 76.92 | NEUTRAL | The Stochastics value for ENI-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.07 | HIGH VOLATILITY | The high ATR as a percentage value for ENI-UN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for ENI-UN.CA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 2.20 | 1.76 | 0.44 (20.00%) | 5.00% |
| An entry @2.20. This is a Buy Stop order right above the 10 day high. | An exit @1.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.44 points, which is 20.00%. | When investing 5.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (10/3/2025, 7:00:00 PM)
2.1
+0.1 (+5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5%
1 Week5.53%
2 Weeks5%
1 Month16.67%
3 Month32.08%
6 Month29.63%
12 Month36.36%
2 Year55.56%
3 Year50%
5 Year62.79%
10 Year5%
15 Year-60.97%
Volatility
ATR(14)0.17
ATR(20)%7.07%
ATR Inc-37.18%
Range Today0.1
ADR(20)0.11
ADR(20)%5.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.09
Mansfield1.22
10 Day High2.19
10 Day Low1.67
20 Day High2.19
20 Day Low1.67
52 Week High2.19
52 Week Low0
CS1 End1.8
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume3.20K
Volume Incr33.82%
Vol(5)8.14K
Vol(50)4.48K