ENDESA - 1H - Technical analysis published on 01/15/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
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:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 20.240 | 20.400 | 20.510 | 20.670 | 20.780 | 20.940 | 21.050 |
| Camarilla | 20.546 | 20.571 | 20.595 | 20.620 | 20.645 | 20.670 | 20.694 |
| Woodie | 20.215 | 20.388 | 20.485 | 20.658 | 20.755 | 20.928 | 21.025 |
| Fibonacci | 20.400 | 20.503 | 20.567 | 20.670 | 20.773 | 20.837 | 20.940 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.767 | 20.143 | 20.387 | 20.763 | 21.007 | 21.383 | 21.627 |
| Camarilla | 20.460 | 20.516 | 20.573 | 20.630 | 20.687 | 20.744 | 20.801 |
| Woodie | 19.700 | 20.110 | 20.320 | 20.730 | 20.940 | 21.350 | 21.560 |
| Fibonacci | 20.143 | 20.380 | 20.527 | 20.763 | 21.000 | 21.147 | 21.383 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.070 | 18.820 | 19.550 | 20.300 | 21.030 | 21.780 | 22.510 |
| Camarilla | 19.873 | 20.009 | 20.144 | 20.280 | 20.416 | 20.551 | 20.687 |
| Woodie | 18.060 | 18.815 | 19.540 | 20.295 | 21.020 | 21.775 | 22.500 |
| Fibonacci | 18.820 | 19.385 | 19.735 | 20.300 | 20.865 | 21.215 | 21.780 |
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:
EndesaThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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