ENLIGHT RENEWABLE ENERGY LTD (ENLT) Stock Technical Analysis
USA - NASDAQ:ENLT - IL0007200111 - Common Stock
28.53 USD
+0.29 (+1.03%)
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.
Warning: ENLT has an average volume of 24646 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 ENLT is one of the better performing stocks in the market, outperforming 91% of all stocks.
ENLT is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 84% of 20 stocks in the same industry.
ENLT 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.
In the last month ENLT has a been trading in the 27.02 - 29.84 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, ENLT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 29.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.52, a Stop Loss order could be placed below this zone.
More info and screens
14.50
29.87
We found 4 important support areas.
- A support zone ranging from 28.10 to 28.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.50 to 27.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.89 from a trend line in the daily time frame.
- Support @14.65 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.20 to 29.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 91.28 | POSITIVE | ENLT has a high relative strength, it outperformed 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENLT is below 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) | 54.27 | NEUTRAL | The RSI value for ENLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ENLT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.5 | OVERSOLD | The low Stochastics value suggests ENLT may be oversold. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for ENLT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for ENLT suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.64 | 28.09 | 0.55 (1.90%) | 25.00% |
| An entry @28.64. This is a Buy Stop order right above the 10 day moving average. | An exit @28.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 1.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- The distance between exit and entry is rather small compared to the average daily movement of ENLT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ENLT (9/26/2025, 8:00:02 PM)
28.53
+0.29 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.03%
1 Week-2.19%
2 Weeks-2.29%
1 Month0.46%
3 Month21.77%
6 Month81.66%
12 Month77.32%
2 Year81.84%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%2.5%
ATR Inc-51.65%
Range Today0.48
ADR(20)0.52
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.28
Mansfield3.36
10 Day High29.43
10 Day Low28.03
20 Day High29.84
20 Day Low27.02
52 Week High29.84
52 Week Low14.01
CS1 End28.52
CR1 Start29.2
Volume & EV
DER(3)0.75%
DER(5)-0.19%
Volume5.40K
Volume Incr13.01%
Vol(5)21.24K
Vol(50)24.65K