We assign a technical rating of 10 out of 10 to ENLT. Both in the recent history as in the last year, ENLT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ENLT has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
35.05
We found 3 important support areas.
- A support zone ranging from 39.83 to 40.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.47 from a trend line in the daily time frame.
- Support @35.40 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for ENLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENLT is up. |
| ChartMill Relative Strength | 98 | POSITIVE | ENLT has a high relative strength, it outperformed 98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.15 | OVERBOUGHT | The high RSI value suggests ENLT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests ENLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.53 | OVERBOUGHT | The high Stochastics value suggests ENLT may be overbought. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for ENLT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.25 | NEUTRAL | The ADX value for ENLT suggests a possible start of a new trend. |
NASDAQ:ENLT (1/8/2026, 4:10:12 PM)
50.35
+0.78 (+1.57%)
ENLIGHT RENEWABLE ENERGY LTD / ENLT FAQ
What is the ChartMill technical rating of ENLIGHT RENEWABLE ENERGY LTD (ENLT) stock?
ChartMill assigns a technical rating of 10 / 10 to ENLT.
Can you provide the trend direction for ENLIGHT RENEWABLE ENERGY LTD?
The current trend direction for ENLIGHT RENEWABLE ENERGY LTD (ENLT) is Bullish.
What is the RSI signal for ENLIGHT RENEWABLE ENERGY LTD (ENLT) stock?
ENLIGHT RENEWABLE ENERGY LTD (ENLT) has an RSI value of 70.1531. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for ENLIGHT RENEWABLE ENERGY LTD?
The buy/sell signal for ENLIGHT RENEWABLE ENERGY LTD (ENLT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ENLIGHT RENEWABLE ENERGY LTD (ENLT) stock?
ENLIGHT RENEWABLE ENERGY LTD (ENLT) has a support level at 40.31. Check the full technical report for our detailed analysis of ENLT support and resistance levels.