ENI S.P.A.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	E
ISIN:

ENI S.P.A. - Daily - Technical analysis published on 10/24/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

78%

22%

My opinion

Bullish above 21.96 USD

My targets

24.66 USD (+3.40%)

26.40 USD (+10.69%)

My analysis

The strong short-term increase for ENI S.P.A. reinforces the current slightly bullish trend. As long as the price remains above 21.96 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 24.66 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 26.40 USD as an objective. Crossing it would then enable buyers to target 28.66 USD. A return to 21.96 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.4

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 gioviforex. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ENI S.P.A. rating 23.85 USD. The price registered an increase of +1.40% on the session and was traded between 23.34 USD and 23.88 USD over the period. The price is currently at +2.19% from its lowest and -0.13% from its highest.

23.34

23.88

23.85

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ENI S.P.A. in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	21.09	21.96	23.71	23.85	24.66	26.40	28.66
Change (%)	-11.57%	-7.92%	-0.59%	-	+3.40%	+10.69%	+20.17%
Change	-2.76	-1.89	-0.14	-	+0.81	+2.55	+4.81
Level	Major	Intermediate	Major	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.96	23.15	23.50	23.69	24.04	24.23	24.58
Camarilla	23.70	23.75	23.80	23.85	23.90	23.95	24.00
Woodie	23.04	23.19	23.58	23.73	24.12	24.27	24.66
Fibonacci	23.15	23.36	23.48	23.69	23.90	24.02	24.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.70	21.30	21.99	22.59	23.28	23.88	24.57
Camarilla	22.34	22.45	22.57	22.69	22.81	22.93	23.05
Woodie	20.76	21.32	22.05	22.61	23.34	23.90	24.63
Fibonacci	21.30	21.79	22.09	22.59	23.08	23.38	23.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.97	18.17	19.66	21.86	23.35	25.55	27.04
Camarilla	20.13	20.46	20.80	21.14	21.48	21.82	22.16
Woodie	15.61	17.99	19.30	21.68	22.99	25.37	26.68
Fibonacci	18.17	19.58	20.45	21.86	23.27	24.14	25.55

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):	60.83
MACD (12,26,9):	0.2400
Directional Movement:	11.60
AROON (14):	42.86
DEMA (21):	23.05
Parabolic SAR (0,02-0,02-0,2):	22.24
Elder Ray (13):	0.61
Super Trend (3,10):	21.91
Zig ZAG (10):	23.85
VORTEX (21):	1.0200
Stochastique (14,3,5):	93.17
TEMA (21):	23.44
Williams %R (14):	-2.00
Chande Momentum Oscillator (20):	0.61
Repulse (5,40,3):	1.7800
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	13.63

MA7:	23.26
MA20:	22.44
MA50:	22.94
MA100:	23.64
MAexp7:	23.29
MAexp20:	22.84
MAexp50:	22.95
MAexp100:	23.77
Price / MA7:	+2.54%
Price / MA20:	+6.28%
Price / MA50:	+3.97%
Price / MA100:	+0.89%
Price / MAexp7:	+2.40%
Price / MAexp20:	+4.42%
Price / MAexp50:	+3.92%
Price / MAexp100:	+0.34%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on ENI S.P.A. at the time of the generation of this analysis was as follows:

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

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