Europe - BIT:ENRG - LU1834988278 - ETF
We assign a technical rating of 9 out of 10 to ENRG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENRG is showing a nice and steady performance.
Although ENRG has an excellent technical rating, the quality of the presented setup is not ideal 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.
51.59
We found 2 important support areas.
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 ENRG.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENRG.MI is up. |
ChartMill Relative Strength | 88.62 | POSITIVE | ENRG.MI has a high relative strength, it outperformed 88.62% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENRG.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENRG.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 68 | NEUTRAL | The RSI value for ENRG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENRG.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 83.4 | OVERBOUGHT | The high Stochastics value suggests ENRG.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for ENRG.MI suggests low volalility. |
Average Directional Index/ADX (14) | 28.16 | POSITIVE | The high ADX value value for ENRG.MI suggests a strong trend. |
BIT:ENRG (9/10/2025, 7:00:00 PM)
72.1
+0.5 (+0.7%)