ENI SPA (ENI.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ENI - IT0003132476 - Common Stock
Overall ENI gets a technical rating of 7 out of 10. Although ENI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
More info and screens
14.43
3 important support areas can be observed.
- A support zone ranging from 15.68 to 16.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.25 from a trend line in the daily time frame.
- A support zone ranging from 14.58 to 14.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.48 to 16.54. 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.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENI.MI is up. |
| ChartMill Relative Strength | 69.29 | 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) | UP | POSITIVE | The current price of ENI.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.35 | NEUTRAL | The RSI value for ENI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ENI.MI has a positive trend. |
| Stochastics (14,3) | 80.77 | OVERBOUGHT | The high Stochastics value suggests ENI.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for ENI.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.18 | NEGATIVE | The low ADX value for ENI.MI suggests a weak or negative trend. |
BIT:ENI (1/2/2026, 7:00:00 PM)
16.362
+0.22 (+1.38%)
ENI SPA / ENI.MI FAQ
What is the ChartMill technical rating of ENI SPA (ENI.MI) stock?
ChartMill assigns a technical rating of 7 / 10 to ENI.MI.
What is the trend direction for ENI stock?
The current trend direction for ENI SPA (ENI.MI) is Bullish.
Can you provide the RSI signal for ENI SPA?
ENI SPA (ENI.MI) has an RSI value of 62.3457. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENI SPA?
The short term momentum for ENI SPA (ENI.MI) is positive.
What is the buy/sell signal for ENI SPA (ENI.MI) stock?
The buy/sell signal for ENI SPA (ENI.MI) is buy as both the short term and long term trends are positive.