ENDESA
ENDESA
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ELE
ISIN: ES0130670112

ENDESA - 1H - Technical analysis published on 01/15/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 20.753 EUR
My targets
20.023 EUR (-2.52%)
19.837 EUR (-3.42%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ENDESA as long as the price remains well below 20.753 EUR. The sellers' bearish objective is set at 20.023 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 19.837 EUR. In case of crossing, the next objective would be the support located at 19.507 EUR.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The ENDESA price is 20.540 EUR. The price registered a decrease of -0.39% on the session and was traded between 20.410 EUR and 20.670 EUR over the period. The price is currently at +0.64% from its lowest and -0.63% from its highest.

20.410
20.670
20.540

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of ENDESA indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 19.507 19.837 20.023 20.540 20.561 20.753 20.961
Change (%) -5.03% -3.42% -2.52% - +0.10% +1.04% +2.05%
Change -1.033 -0.703 -0.517 - +0.021 +0.213 +0.421
Level Intermediate Minor Intermediate - Intermediate Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.24020.40020.51020.67020.78020.94021.050
Camarilla20.54620.57120.59520.62020.64520.67020.694
Woodie20.21520.38820.48520.65820.75520.92821.025
Fibonacci20.40020.50320.56720.67020.77320.83720.940


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.76720.14320.38720.76321.00721.38321.627
Camarilla20.46020.51620.57320.63020.68720.74420.801
Woodie19.70020.11020.32020.73020.94021.35021.560
Fibonacci20.14320.38020.52720.76321.00021.14721.383


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.07018.82019.55020.30021.03021.78022.510
Camarilla19.87320.00920.14420.28020.41620.55120.687
Woodie18.06018.81519.54020.29521.02021.77522.500
Fibonacci18.82019.38519.73520.30020.86521.21521.780

Numerical data


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

Technical indicators
Moving averages

RSI (14): 42.44
MACD (12,26,9): -0.0660
Directional Movement: -10.984
AROON (14): -57.143
DEMA (21): 20.545
Parabolic SAR (0,02-0,02-0,2): 20.759
Elder Ray (13): -0.037
Super Trend (3,10): 20.771
Zig ZAG (10): 20.540
VORTEX (21): 1.0050
Stochastique (14,3,5): 22.22
TEMA (21): 20.503
Williams %R (14): -71.43
Chande Momentum Oscillator (20): -0.080
Repulse (5,40,3): -0.1580
ROCnROLL: 2
TRIX (15,9): -0.0420
Courbe Coppock: 1.23
MA7: 20.763
MA20: 20.382
MA50: 20.056
MA100: 19.542
MAexp7: 20.552
MAexp20: 20.628
MAexp50: 20.680
MAexp100: 20.615
Price / MA7: -1.07%
Price / MA20: +0.78%
Price / MA50: +2.41%
Price / MA100: +5.11%
Price / MAexp7: -0.06%
Price / MAexp20: -0.43%
Price / MAexp50: -0.68%
Price / MAexp100: -0.36%

Quotes : - 15 min delayed data - Spain Stocks

News


Don't forget to follow the news on ENDESA. 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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