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ENLIGHT RENEWABLE ENERGY LTD (ENLT) Stock Technical Analysis

NASDAQ:ENLT - Nasdaq - IL0007200111 - Common Stock - Currency: USD

18.19  -0.66 (-3.5%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to ENLT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENLT is only an average performer.

Warning: ENLT has an average volume of 15248 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ENLT 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 ENLT is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, ENLT outperforms 66% of them, which is more or less in line with the market.
ENLT is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, ENLT did better than 57% of them.
In the last month ENLT has a been trading in the 15.79 - 19.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ENLIGHT RENEWABLE ENERGY LTD / ENLT Weekly stock chart
ENLIGHT RENEWABLE ENERGY LTD / ENLT Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

14.50

19.24

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 17.55 to 17.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 16.48 to 16.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @15.09 from a trend line in the weekly time frame.
  • Support @14.65 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @19.05 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
CRS66.1
Mansfield0.8
10 Day High19.65
10 Day Low17.63
20 Day High19.65
20 Day Low15.79
52 Week High19.65
52 Week Low14.01
Performance
1 Week-4.82%
2 Weeks6.76%
1 Month12.51%
3 Month2.08%
6 Month12.7%
12 Month3.88%
2 Year-1.68%
3 YearN/A
5 YearN/A
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)0.08
RSI(14)57.64
LBB16.08
UBB20.16
ENLIGHT RENEWABLE ENERGY LTD / ENLT Daily stock chart

ENLIGHT RENEWABLE ENERGY LTD

NASDAQ:ENLT (5/21/2025, 4:30:02 PM)

18.19

-0.66 (-3.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-3.5%
1 Week-4.82%
2 Weeks6.76%
1 Month12.51%
3 Month2.08%
6 Month12.7%
12 Month3.88%
2 Year-1.68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%3.16%
ATR Inc-2.63%
Range Today0.71
ADR(20)0.48
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.1
Mansfield0.8
10 Day High19.65
10 Day Low17.63
20 Day High19.65
20 Day Low15.79
52 Week High19.65
52 Week Low14.01
CS1 End17.61
CR1 Start19.05
Volume & EV
DER(3)31.76%
DER(5)13.12%
Volume26.72K
Volume Incr290.04%
Vol(5)42.83K
Vol(50)15.25K