ENEL CHILE SA-ADR (ENIC)

US29278D1054 - ADR

2.94  -0.03 (-1.01%)

After market: 3.01 +0.07 (+2.38%)

Technical Rating and Analysis

2

Taking everything into account, ENIC scores 2 out of 10 in our technical rating. ENIC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ENIC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENIC is lagging the market.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, ENIC turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
ENIC is an average performer in the Electric Utilities industry, it outperforms 54% of 45 stocks in the same industry.
In the last month ENIC has a been trading in the 2.82 - 3.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ENIC Weekly chart
ENIC Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, ENIC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

2.65

3.63

We found 4 important support areas.

  • Support @2.92 from a trend line in the weekly time frame.
  • A support zone ranging from 2.82 to 2.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.77 from a horizontal line in the daily time frame.
  • A support zone ranging from 2.68 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 6 important resistance areas.

  • A resistance zone ranging from 2.97 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.07 from a trend line in the daily time frame.
  • A resistance zone ranging from 3.12 to 3.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.26 from a trend line in the daily time frame.
  • Resistance @3.39 from a trend line in the weekly time frame.
  • Resistance @3.59 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.58
Mansfield-1.37
10 Day High3.1
10 Day Low2.91
20 Day High3.18
20 Day Low2.82
52 Week High3.9
52 Week Low2.68
Performance
1 Week-2.33%
2 Weeks0.68%
1 Month-4.55%
3 Month3.52%
6 Month-4.85%
12 Month0.68%
2 Year114.6%
3 Year-0.68%
5 Year-36.09%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)46.91
LBB2.83
UBB3.09
ENIC Daily chart

ENEL CHILE SA-ADR

NYSE:ENIC (5/2/2024, 6:00:00 PM)

After market: 3.01 +0.07 (+2.38%)

2.94

-0.03 (-1.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.01%
1 Week-2.33%
2 Weeks0.68%
1 Month-4.55%
3 Month3.52%
6 Month-4.85%
12 Month0.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%3.01%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.1
10 Day Low2.91
20 Day High3.18
20 Day Low2.82
52 Week High3.9
52 Week Low2.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume239.87K
Volume Incr14.36%
Vol(5)355.65K
Vol(50)435.92K