AMUNDI STOXX EUROPE 600 ENER (ENRG.MI) Stock Technical Analysis
BIT:ENRG - Euronext Milan - LU1834988278 - ETF - Currency: EUR
Overall ENRG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ENRG is a bad performer.
When comparing the yearly performance of all stocks, ENRG is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: ENRG has an average volume of 5358 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!
In the last month ENRG has a been trading in the 49.35 - 67.26 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
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.
More info and screens
51.59
67.41
We found 2 important support areas.
- A support zone ranging from 65.52 to 66.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.11 from a horizontal line in the daily 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 ENRG.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENRG.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ENRG.MI has a low relative strength, it was outperformed by 100% 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) | 65.22 | NEUTRAL | The RSI value for ENRG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests ENRG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.96 | OVERBOUGHT | The high Stochastics value suggests ENRG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ENRG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for ENRG.MI suggests a possible start of a new 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 |
|---|---|---|---|
| 67.27 | 65.51 | 1.76 (2.62%) | 25.00% |
| An entry @67.27. This is a Buy Stop order right above the 10 day high. | An exit @65.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.76 points, which is 2.62%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ENRG. 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.
BIT:ENRG (6/23/2025, 7:00:00 PM)
66.74
+0.2 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week0.18%
2 Weeks14.87%
1 Month10.2%
3 Month12.11%
6 Month14.87%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%2.86%
ATR Inc-57.15%
Range Today0.69
ADR(20)0.68
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High67.26
10 Day Low62.61
20 Day High67.26
20 Day Low49.36
52 Week HighN/A
52 Week LowN/A
CS1 End66.73
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume24.19K
Volume Incr231.18%
Vol(5)21.46K
Vol(50)5.36K