Enel Americas SA (ENIA) Stock Technical Analysis
NYSE:ENIA - New York Stock Exchange, Inc. - US29274F1049 - ADR
Taking everything into account, ENIA scores 0 out of 10 in our technical rating. ENIA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
67% of all other stocks performed better in the past year than ENIA.
ENIA is one of the lesser performing stocks in the Electric Utilities industry. 75% of 46 stocks in the same industry do better.
ENIA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ENIA is lagging the market.
In the last month ENIA has a been trading in the 4.68 - 5.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ENIA has an average volume of 3136480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ENIA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.76
6.17
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.41 to 5.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.73 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.83 to 5.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.09 to 6.11. 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 | DOWN | NEGATIVE | The long term trend for ENIA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENIA is down. |
| ChartMill Relative Strength | 33.32 | NEUTRAL | ENIA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENIA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENIA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENIA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.03 | OVERSOLD | The low RSI value suggests ENIA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ENIA has a negative trend. |
| Stochastics (14,3) | 15.4 | OVERSOLD | The low Stochastics value suggests ENIA may be oversold. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for ENIA suggests some volalility. |
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)
4.81
-0.24 (-4.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-4.75%
1 Week-6.6%
2 Weeks-11.58%
1 Month-13.8%
3 Month-16.49%
6 Month-16.06%
12 Month-28.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%3.57%
ATR Inc98.46%
Range Today0.41
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.32
Mansfield-0.41
10 Day High5.5
10 Day Low4.68
20 Day High5.87
20 Day Low4.68
52 Week High7.4
52 Week Low4.68
CS1 EndN/A
CR1 Start5.41
Volume & EV
DER(3)6.66%
DER(5)5.29%
Volume32.43M
Volume Incr543.25%
Vol(5)12.86M
Vol(50)3.14M