ENERSIS AMERICAS SA (ENI) Stock Technical Analysis
NYSE:ENI • US29274F1049
Overall ENI gets a technical rating of 7 out of 10. Although ENI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 69% of all other stocks performed better in the past year than ENI.
- The long and short term trends are both positive. This is looking good!
- In the last month ENI has a been trading in the 13.10 - 14.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ENI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENI is lagging the market.
Besides having an excellent technical rating, ENI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
13.06
We found 2 important support areas.
- Support @13.67 from a trend line in the daily time frame.
- A support zone ranging from 13.19 to 13.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.80 to 14.28. This zone is formed by a combination of multiple trend lines and important moving averages 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENI is up. |
| ChartMill Relative Strength | 31.23 | NEUTRAL | ENI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ENI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.62 | NEUTRAL | The RSI value for ENI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ENI has a negative trend. |
| Stochastics (14,3) | 62.96 | NEUTRAL | The Stochastics value for ENI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for ENI suggests some volalility. |
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 |
|---|---|---|---|
| 13.91 | 13.66 | 0.25 (1.78%) | 25.00% |
| An entry @13.91. This is a Buy Stop order right above the 10 day moving average. | An exit @13.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.25 points, which is 1.78%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ENI. Please evaluate whether better entry and exit points can be found.
- 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.
NYSE:ENI (4/26/2016, 7:54:40 PM)
13.76
-0.06 (-0.43%)
ENERSIS AMERICAS SA / ENI FAQ
What is the ChartMill technical rating of ENERSIS AMERICAS SA (ENI) stock?
ChartMill assigns a technical rating of 7 / 10 to ENI.
What is the trend direction for ENI stock?
The current trend direction for ENERSIS AMERICAS SA (ENI) is Bullish.
Can you provide the RSI signal for ENERSIS AMERICAS SA?
ENERSIS AMERICAS SA (ENI) has an RSI value of 51.6176. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENERSIS AMERICAS SA?
The short term momentum for ENERSIS AMERICAS SA (ENI) is positive.
What is the buy/sell signal for ENERSIS AMERICAS SA (ENI) stock?
The buy/sell signal for ENERSIS AMERICAS SA (ENI) is buy as both the short term and long term trends are positive.