ENERGY INCOME FUND (ENI-UN.CA) Stock Technical Analysis
TSX:ENI-UN - Toronto Stock Exchange - CA29270B2066 - Currency: CAD
Taking everything into account, ENI-UN scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ENI-UN was also a bad performer in the overall market in the last year.
67% of all other stocks performed better in the past year than ENI-UN.
In the last month ENI-UN has a been trading in the 1.53 - 1.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: ENI-UN has an average volume of 2526 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ENI-UN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENI-UN is performing more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ENI-UN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.60, a Stop Loss order could be placed below this zone.
More info and screens
1.38
1.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.60 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.54 from a horizontal line in the daily time frame.
- A support zone ranging from 1.43 to 1.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.39 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.61 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.68 to 1.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.74 to 1.75. 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 | NEUTRAL | NEUTRAL | The long term trend for ENI-UN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENI-UN.CA is up. |
| ChartMill Relative Strength | 33.19 | 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) | DOWN | NEGATIVE | The current price of ENI-UN.CA is below a declining 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) | 51.73 | 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) | 22.55 | NEUTRAL | The Stochastics value for ENI-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ENI-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.13 | 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)
TSX:ENI-UN (6/13/2025, 7:00:00 PM)
1.61
+0.01 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.63%
1 Week2.55%
2 Weeks1.9%
1 Month3.87%
3 Month-5.29%
6 Month-3.59%
12 Month5.92%
2 Year2.55%
3 Year10.27%
5 Year26.77%
10 Year-36.11%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%3.98%
ATR Inc-69.89%
Range Today0
ADR(20)0.05
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.19
Mansfield-0.49
10 Day High1.61
10 Day Low1.57
20 Day High1.87
20 Day Low1.53
52 Week High1.97
52 Week Low0
CS1 End1.6
CR1 Start1.61
Volume & EV
DER(3)0%
DER(5)-59.22%
Volume1.50K
Volume Incr-37.18%
Vol(5)1.14K
Vol(50)2.53K