ENI

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ENI
ISIN:	IT0003132476

ENI - 1H - Technical analysis published on 06/16/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

56%

39%

My opinion

Bullish above 12.942 EUR

My targets

13.170 EUR (+1.00%)

13.365 EUR (+2.49%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on ENI. This is a positive signal for buyers. As long as the price remains above 12.942 EUR, a purchase could be considered. The first bullish objective is located at 13.170 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13.365 EUR as an objective. Crossing it would then enable buyers to target 13.447 EUR. In the event of a return below 12.942 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ENI rating 13.040 EUR. On the day, this instrument lost -0.08% and was between 13.012 EUR and 13.118 EUR. This implies that the price is at +0.22% from its lowest and at -0.59% from its highest.

13.012

13.118

13.040

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ENI:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ENI indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.572	12.842	12.942	13.040	13.170	13.365	13.447
Change (%)	-3.59%	-1.52%	-0.75%	-	+1.00%	+2.49%	+3.12%
Change	-0.468	-0.198	-0.098	-	+0.130	+0.325	+0.407
Level	Minor	Major	Minor	-	Minor	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.767	12.829	12.939	13.001	13.111	13.173	13.283
Camarilla	13.003	13.019	13.034	13.050	13.066	13.082	13.097
Woodie	12.792	12.841	12.964	13.013	13.136	13.185	13.308
Fibonacci	12.829	12.894	12.935	13.001	13.066	13.107	13.173

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.166	12.488	12.736	13.058	13.306	13.628	13.876
Camarilla	12.827	12.880	12.932	12.984	13.036	13.089	13.141
Woodie	12.129	12.470	12.699	13.040	13.269	13.610	13.839
Fibonacci	12.488	12.706	12.840	13.058	13.276	13.410	13.628

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.963	11.707	12.078	12.822	13.193	13.937	14.308
Camarilla	12.143	12.246	12.348	12.450	12.552	12.654	12.757
Woodie	10.778	11.614	11.893	12.729	13.008	13.844	14.123
Fibonacci	11.707	12.133	12.396	12.822	13.248	13.511	13.937

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	54.82
MACD (12,26,9):	0.0200
Directional Movement:	4.685
AROON (14):	-21.429
DEMA (21):	13.045
Parabolic SAR (0,02-0,02-0,2):	12.903
Elder Ray (13):	0.041
Super Trend (3,10):	12.907
Zig ZAG (10):	13.062
VORTEX (21):	1.0550
Stochastique (14,3,5):	79.08
TEMA (21):	13.061
Williams %R (14):	-28.07
Chande Momentum Oscillator (20):	0.068
Repulse (5,40,3):	0.1400
ROCnROLL:	1
TRIX (15,9):	0.0160
Courbe Coppock:	0.08

MA7:	12.998
MA20:	13.045
MA50:	13.206
MA100:	13.140
MAexp7:	13.050
MAexp20:	13.022
MAexp50:	13.006
MAexp100:	13.013
Price / MA7:	+0.32%
Price / MA20:	-0.04%
Price / MA50:	-1.26%
Price / MA100:	-0.76%
Price / MAexp7:	-0.08%
Price / MAexp20:	+0.14%
Price / MAexp50:	+0.26%
Price / MAexp100:	+0.21%

Quotes : - 15 min delayed data - Italy Stocks

News

Don't forget to follow the news on ENI. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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