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ENEL SPA (ENL.DE) Stock Technical Analysis

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

7.98  -0.06 (-0.71%)

Technical Rating and Analysis

10

Taking everything into account, ENL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ENL has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ENL did better than 88% of all other stocks. On top of that, ENL also shows a nice and consistent pattern of rising prices.
ENL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ENL is leading the market.
In the last month ENL has a been trading in the 7.56 - 8.16 range, which is quite wide. It is currently trading near the high of this range.
ENL is an average performer in the Electric Utilities industry, it outperforms 62% of 17 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
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

6.52

8.22

We found 3 important support areas.

  • A support zone ranging from 6.99 to 7.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 6.80 to 6.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 6.59 to 6.67. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.03 to 8.14. This zone is formed by a combination of multiple trend lines and important moving averages 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 Strength88.82POSITIVEENL.DE has a high relative strength, it outperformed 88.82% 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)63.92NEUTRALThe RSI value for ENL.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests ENL.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)86.4OVERBOUGHTThe high Stochastics value suggests ENL.DE may be overbought.
Average True Range in percent/ATR (20)1.24LOW VOLATILITYThe low ATR as a percentage value for ENL.DE suggests low volalility.
Average Directional Index/ADX (14)31.96POSITIVEThe high ADX value value for ENL.DE suggests a strong 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 (5/29/2025, 10:29:37 AM)

7.98

-0.06 (-0.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.71%
1 Week-0.48%
2 Weeks3.82%
1 Month5.2%
3 Month13.84%
6 Month18.05%
12 Month20.69%
2 Year37.24%
3 Year32.86%
5 Year16.38%
10 Year80.61%
15 Year114.49%
Volatility
ATR(14)0.1
ATR(20)%1.24%
ATR Inc-33.96%
Range Today0
ADR(20)0.09
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.82
Mansfield1.12
10 Day High8.16
10 Day Low7.74
20 Day High8.16
20 Day Low7.56
52 Week High8.16
52 Week Low6.25
CS1 End8.03
CR1 Start8.04
Volume & EV
DER(3)0.2%
DER(5)0.12%
Volume449
Volume Incr-24.31%
Vol(5)19.08K
Vol(50)35.73K