ELECNOR SA (ENO.MC) Technical Analysis
BME:ENO • ES0129743318
Current stock price
ENO.MC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ENO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ENO is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, ENO also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by ENO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ENO has a been trading in the 30.95 - 36.75 range, which is quite wide. It is currently trading near the high of this range.
ENO.MC Weekly and Daily overview Charts
ENO.MC Setup Rating and Analysis
Besides having an excellent technical rating, ENO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ENO.MC Support and Resistance Analysis
23.41
When analyzing the support we can see 5 important areas.
- A support zone ranging from 31.02 to 31.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.69 to 27.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.00 from a trend line in the weekly time frame.
- Support @25.52 from a trend line in the daily time frame.
- Support @23.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.41 to 36.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENO.MC 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ENO.MC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENO.MC is up. |
| ChartMill Relative Strength | 95.4 | POSITIVE | ENO.MC has a high relative strength, it outperformed 95.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENO.MC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENO.MC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENO.MC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.68 | OVERBOUGHT | The high RSI value suggests ENO.MC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ENO.MC has a negative trend. |
| Stochastics (14,3) | 89.83 | OVERBOUGHT | The high Stochastics value suggests ENO.MC may be overbought. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for ENO.MC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.79 | POSITIVE | The high ADX value value for ENO.MC suggests a strong trend. |
ENO.MC Chart- and CandleStick Pattern Analysis
ENO.MC Example Setup
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 |
|---|---|---|---|
| 36.42 | 34.92 | 1.50 (4.13%) | 24.20% |
| An entry @36.42. This is a Buy Stop order right above the resistance zone. | An exit @34.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.50 points, which is 4.13%. | When investing 24.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ENO.MC Technicals: Chart, Performance Metrics, Trend & Indicators
BME:ENO (4/22/2026, 5:35:30 PM)
36.4
+0.2 (+0.55%)
ELECNOR SA / ENO.MC TA FAQ
Can you provide the ChartMill technical rating for ELECNOR SA?
ChartMill assigns a technical rating of 10 / 10 to ENO.MC.
What is the current trend direction of ELECNOR SA (ENO.MC) stock?
The current trend direction for ELECNOR SA (ENO.MC) is Bullish.
What is the RSI signal for ELECNOR SA (ENO.MC) stock?
ELECNOR SA (ENO.MC) has an RSI value of 70.6839. This indicates that the stock is currently overbought.
What is the short term momentum for ELECNOR SA (ENO.MC) stock?
The short term momentum for ELECNOR SA (ENO.MC) is positive.
What are the support and resistance levels for ELECNOR SA (ENO.MC) stock?
ELECNOR SA (ENO.MC) has a support level at 31.78 and a resistance level at 36.41. Check the full technical report for our detailed analysis of ENO.MC support and resistance levels.