ENEL CHILE SA-ADR (ENIC) Technical Analysis
NYSE:ENIC • US29278D1054
Current stock price
ENIC Technical Rating and Analysis
Taking everything into account, ENIC scores 6 out of 10 in our technical rating. In the last year, ENIC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, ENIC did better than 71% of all other stocks. On top of that, ENIC also shows a nice and consistent pattern of rising prices.
- ENIC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENIC is performing more or less in line with the market.
- In the last month ENIC has a been trading in the 3.70 - 4.17 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ENIC is part of the Electric Utilities industry. There are 47 other stocks in this industry, ENIC did better than 67% of them.
ENIC Weekly and Daily overview Charts
ENIC Setup Rating and Analysis
Although the technical rating is only medium, ENIC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 4.06, a Stop Loss order could be placed below this zone.
More info and screens
ENIC Support and Resistance Analysis
3.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.80 to 4.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.73 from a horizontal line in the daily time frame.
- Support @3.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.39 to 4.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENIC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ENIC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENIC is neutral. |
| ChartMill Relative Strength | 71.32 | POSITIVE | ENIC has a high relative strength, it outperformed 71.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.37 | NEUTRAL | The RSI value for ENIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENIC has a positive trend. |
| Stochastics (14,3) | 67.37 | NEUTRAL | The Stochastics value for ENIC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for ENIC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.92 | NEGATIVE | The low ADX value for ENIC suggests a weak or negative trend. |
ENIC Chart- and CandleStick Pattern Analysis
ENIC Technicals: Chart, Performance Metrics, Trend & Indicators
4.08
-0.02 (-0.49%)
ENEL CHILE SA-ADR / ENIC TA FAQ
What is the technical rating for ENIC stock?
ChartMill assigns a technical rating of 6 / 10 to ENIC.
What is the trend direction for ENIC stock?
The current trend direction for ENEL CHILE SA-ADR (ENIC) is Bearish.
What is the RSI signal for ENIC stock?
ENEL CHILE SA-ADR (ENIC) has an RSI value of 53.3688. This indicates that the stock is currently neutral.
What is the short term momentum for ENIC stock?
The short term momentum for ENEL CHILE SA-ADR (ENIC) is neutral.