Europe - Euronext Milan - BIT:ENV - IT0004356751 - Common Stock
Taking everything into account, ENV scores 3 out of 10 in our technical rating. In the last year, ENV was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is bad, ENV does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.81, a Stop Loss order could be placed below this zone.
2.77
We found 2 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for ENV.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENV.MI is down. |
| ChartMill Relative Strength | 54.8 | NEUTRAL | ENV.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENV.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENV.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENV.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for ENV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENV.MI has a positive trend. |
| Stochastics (14,3) | 60.44 | NEUTRAL | The Stochastics value for ENV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ENV.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.08 | NEUTRAL | The ADX value for ENV.MI suggests a possible start of a new trend. |
BIT:ENV (1/5/2026, 7:00:00 PM)
3.88
+0.12 (+3.19%)
ChartMill assigns a technical rating of 3 / 10 to ENV.MI.
The current trend direction for ENERVIT (ENV.MI) is Bearish.
ENERVIT (ENV.MI) has an RSI value of 47.3838. This indicates that the stock is currently neutral.
The MACD indicator for ENERVIT (ENV.MI) has a value of 0.00760574, indicating a bearish trend.