ENEL
ENEL
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ENEL
ISIN: IT0003128367

ENEL - Daily - Technical analysis published on 01/03/2025 (GMT)

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 6.868 EUR
My targets
7.295 EUR (+3.58%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ENEL as long as the price remains well above 6.868 EUR. The buyers' bullish objective is set at 7.295 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
0
10
7.7

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. 1H Weekly

Additional analysis

Quotes

ENEL rating 7.043 EUR. On the day, this instrument gained +0.26% with the lowest point at 6.996 EUR and the highest point at 7.066 EUR. The deviation from the price is +0.67% for the low point and -0.33% for the high point.

6.996
7.066
7.043

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ENEL chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near horizontal support

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 6.615 6.868 7.017 7.043 7.295
Change (%) -6.08% -2.48% -0.37% - +3.58%
Change -0.428 -0.175 -0.026 - +0.252
Level Major Intermediate Intermediate - Major



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
Standard6.8086.8526.9386.9827.0687.1127.198
Camarilla6.9897.0017.0137.0257.0377.0497.061
Woodie6.8306.8636.9606.9937.0907.1237.220
Fibonacci6.8526.9016.9326.9827.0317.0627.112


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.6606.6986.7726.8106.8846.9226.996
Camarilla6.8166.8276.8376.8476.8576.8686.878
Woodie6.6796.7076.7916.8196.9036.9317.015
Fibonacci6.6986.7416.7676.8106.8536.8796.922


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.3876.5596.7226.8947.0577.2297.392
Camarilla6.7946.8256.8556.8866.9176.9476.978
Woodie6.3846.5576.7196.8927.0547.2277.389
Fibonacci6.5596.6876.7666.8947.0227.1017.229

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): 61.62
MACD (12,26,9): 0.0230
Directional Movement: 8.426
AROON (14): 35.714
DEMA (21): 6.926
Parabolic SAR (0,02-0,02-0,2): 6.736
Elder Ray (13): 0.109
Super Trend (3,10): 6.734
Zig ZAG (10): 7.052
VORTEX (21): 1.0990
Stochastique (14,3,5): 79.78
TEMA (21): 6.961
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.140
Repulse (5,40,3): 3.3750
ROCnROLL: 1
TRIX (15,9): 0.0290
Courbe Coppock: 0.07
MA7: 6.889
MA20: 6.921
MA50: 6.892
MA100: 6.920
MAexp7: 6.943
MAexp20: 6.902
MAexp50: 6.894
MAexp100: 6.833
Price / MA7: +2.24%
Price / MA20: +1.76%
Price / MA50: +2.19%
Price / MA100: +1.78%
Price / MAexp7: +1.44%
Price / MAexp20: +2.04%
Price / MAexp50: +2.16%
Price / MAexp100: +3.07%

Quotes : - 15 min delayed data - Italy Stocks

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

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