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ENEL SPA (ENL.DE) Stock Technical Analysis

FRA:ENL - Deutsche Boerse Ag - IT0003128367 - Common Stock - Currency: EUR

8.121  +0.03 (+0.37%)

Technical Rating and Analysis

10

Taking everything into account, ENL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENL is showing a nice and steady performance.

Warning: ENL has an average volume of 23745 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ENL is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by ENL over the past year are nicely spread over this period.
ENL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ENL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ENL is an average performer in the Electric Utilities industry, it outperforms 68% of 17 stocks in the same industry.
In the last month ENL has a been trading in a tight range between 7.88 and 8.14.
Weekly and Daily overview Charts
ENEL SPA / ENL Weekly stock chart
ENEL SPA / ENL Daily stock chart
Setup Rating and Analysis

4

Although ENL has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

6.60

8.22

5 important support areas can be observed.

  • A support zone ranging from 7.80 to 8.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @7.10 from a trend line in the weekly time frame.
  • Support @6.98 from a horizontal line in the weekly time frame.
  • A support zone ranging from 6.80 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @6.67 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.13 to 8.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ENL.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ENL.DE is up.
ChartMill Relative Strength87POSITIVEENL.DE has a high relative strength, it outperformed 87% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ENL.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ENL.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ENL.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)64.46NEUTRALThe RSI value for ENL.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests ENL.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)82.65OVERBOUGHTThe high Stochastics value suggests ENL.DE may be overbought.
Average True Range in percent/ATR (20)0.9LOW VOLATILITYThe low ATR as a percentage value for ENL.DE suggests low volalility.
Average Directional Index/ADX (14)15.67NEGATIVEThe low ADX value for ENL.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ENEL SPA / ENL Daily stock chart

ENEL SPA

FRA:ENL (6/24/2025, 7:00:00 PM)

8.121

+0.03 (+0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.37%
1 Week1.92%
2 Weeks2.05%
1 Month0.66%
3 Month7.81%
6 Month18.66%
12 Month25.02%
2 Year31.62%
3 Year55.43%
5 Year5.69%
10 Year97.02%
15 Year134.04%
Volatility
ATR(14)0.08
ATR(20)%0.9%
ATR Inc56.36%
Range Today0.08
ADR(20)0.06
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87
Mansfield0.79
10 Day High8.14
10 Day Low7.88
20 Day High8.14
20 Day Low7.88
52 Week High8.16
52 Week Low6.25
CS1 End8.02
CR1 Start8.13
Volume & EV
DER(3)2.11%
DER(5)1.27%
Volume21.93K
Volume Incr-51.35%
Vol(5)9.97K
Vol(50)23.75K