BIT:ENI - Euronext Milan - IT0003132476 - Common Stock - Currency: EUR
We assign a technical rating of 7 out of 10 to ENI. ENI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although ENI has an excellent technical rating, it does not offer a high quality setup 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.
12.44
2 important support areas can be observed.
We can see 2 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 ENI.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENI.MI is up. |
ChartMill Relative Strength | 45.74 | NEUTRAL | ENI.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENI.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENI.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ENI.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 76.8 | OVERBOUGHT | The high RSI value suggests ENI.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ENI.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 93.56 | OVERBOUGHT | The high Stochastics value suggests ENI.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for ENI.MI suggests low volalility. |
Average Directional Index/ADX (14) | 26.11 | POSITIVE | The high ADX value value for ENI.MI suggests a strong trend. |
BIT:ENI (6/20/2025, 7:00:00 PM)
14.306
+0.05 (+0.35%)