Overall ENLT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENLT is showing a nice and steady performance.
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
34.52
We found 3 important support areas.
- A support zone ranging from 38.32 to 39.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.55 from a trend line in the daily time frame.
- Support @34.87 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 | 97.83 | POSITIVE | ENLT has a high relative strength, it outperformed 97.83% 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) | 66.31 | NEUTRAL | The RSI value for ENLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests ENLT has a positive trend. |
| Stochastics (14,3) | 80.57 | OVERBOUGHT | The high Stochastics value suggests ENLT may be overbought. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ENLT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.86 | NEGATIVE | The low ADX value for ENLT suggests a weak or negative trend. |
NASDAQ:ENLT (12/31/2025, 12:56:30 PM)
45.19
+0.1 (+0.22%)
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.
What is the trend direction for ENLT stock?
The current trend direction for ENLIGHT RENEWABLE ENERGY LTD (ENLT) is Bullish.
Can you provide the RSI signal for ENLIGHT RENEWABLE ENERGY LTD?
ENLIGHT RENEWABLE ENERGY LTD (ENLT) has an RSI value of 66.3097. This indicates that the stock is currently neutral.
What is the short term momentum for ENLT stock?
The short term momentum for ENLIGHT RENEWABLE ENERGY LTD (ENLT) is positive.
What is the support and resistance level for ENLT stock?
ENLIGHT RENEWABLE ENERGY LTD (ENLT) has a support level at 39.17. Check the full technical report for our detailed analysis of ENLT support and resistance levels.