BIT:ENI - Euronext Milan - IT0003132476 - Common Stock - Currency: EUR
Overall ENI 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 is only an average performer.
Although ENI has an excellent technical rating, the quality of the presented setup is not ideal 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.
13.56
2 important support areas can be observed.
We can see 3 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 | UP | POSITIVE | The long term trend for ENI.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENI.MI is up. |
ChartMill Relative Strength | 45.9 | 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) | 64.99 | NEUTRAL | The RSI value for ENI.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENI.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 73.78 | NEUTRAL | The Stochastics value for ENI.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for ENI.MI suggests low volalility. |
Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for ENI.MI suggests a possible start of a new trend. |
BIT:ENI (7/24/2025, 5:36:15 PM)
14.4
+0.1 (+0.7%)