ELECNOR SA (ENO.MC) Stock Technical Analysis
BME:ENO - Bolsa De Madrid - ES0129743318 - Common Stock - Currency: EUR
Taking everything into account, ENO scores 4 out of 10 in our technical rating. In the last year, ENO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month ENO has a been trading in the 19.46 - 26.15 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, ENO outperforms 63% of them, which is more or less in line with the market.
ENO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENO is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ENO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
14.94
20.91
We found 6 important support areas.
- A support zone ranging from 19.91 to 20.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.52 from a horizontal line in the daily time frame.
- Support @17.70 from a trend line in the weekly time frame.
- Support @16.75 from a trend line in the daily time frame.
- Support @16.20 from a horizontal line in the daily time frame.
- Support @15.09 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.41 to 20.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 ENO.MC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENO.MC is down. |
| ChartMill Relative Strength | 63.35 | NEUTRAL | ENO.MC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENO.MC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENO.MC is below 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) | 40.08 | NEUTRAL | The RSI value for ENO.MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests ENO.MC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.93 | OVERSOLD | The low Stochastics value suggests ENO.MC may be oversold. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ENO.MC suggests some volalility. |
| Average Directional Index/ADX (14) | 31.43 | POSITIVE | The high ADX value value for ENO.MC suggests a strong 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)
BME:ENO (6/26/2025, 11:02:36 AM)
20.4
+0.38 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.87%
1 Week-1.84%
2 Weeks-8.14%
1 Month-14.33%
3 Month13.52%
6 Month26.82%
12 Month0.58%
2 Year52.86%
3 Year82.05%
5 Year109.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%4.39%
ATR Inc-42.93%
Range Today0.15
ADR(20)0.65
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.35
Mansfield0.04
10 Day High21.8
10 Day Low19.46
20 Day High26.15
20 Day Low19.46
52 Week High26.15
52 Week Low14.14
CS1 End19.91
CR1 Start20.04
Volume & EV
DER(3)-0.79%
DER(5)-3.93%
Volume1.49K
Volume Incr-69.59%
Vol(5)21.62K
Vol(50)38.71K