ENEL - 1H - Technical analysis published on 03/18/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 6.947 EUR
My targets
7.124 EUR (+0.96%)
7.208 EUR (+2.16%)
My analysis
The bullish trend is currently very strong on ENEL. As long as the price remains above the support at 6.947 EUR, you could try to benefit from the boom. The first bullish objective is located at 7.124 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.208 EUR as an objective. Crossing it would then enable buyers to target 7.378 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.2
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Additional analysis
Quotes
The ENEL rating is 7.056 EUR. On the day, this instrument lost -0.14% and was traded between 7.052 EUR and 7.099 EUR over the period. The price is currently at +0.06% from its lowest and -0.61% from its highest.7.052
7.099
7.056
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ENEL in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 6.778 | 6.947 | 7.036 | 7.056 | 7.089 |
Change (%) | -3.94% | -1.54% | -0.28% | - | +0.47% |
Change | -0.278 | -0.109 | -0.020 | - | +0.033 |
Level | Intermediate | Major | Intermediate | - | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.926 | 6.959 | 7.013 | 7.046 | 7.100 | 7.133 | 7.187 |
Camarilla | 7.042 | 7.050 | 7.058 | 7.066 | 7.074 | 7.082 | 7.090 |
Woodie | 6.936 | 6.964 | 7.023 | 7.051 | 7.110 | 7.138 | 7.197 |
Fibonacci | 6.959 | 6.993 | 7.013 | 7.046 | 7.080 | 7.100 | 7.133 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.616 | 6.700 | 6.870 | 6.954 | 7.124 | 7.208 | 7.378 |
Camarilla | 6.969 | 6.992 | 7.016 | 7.039 | 7.062 | 7.086 | 7.109 |
Woodie | 6.658 | 6.722 | 6.912 | 6.976 | 7.166 | 7.230 | 7.420 |
Fibonacci | 6.700 | 6.797 | 6.857 | 6.954 | 7.051 | 7.111 | 7.208 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.571 | 6.670 | 6.865 | 6.964 | 7.159 | 7.258 | 7.453 |
Camarilla | 6.978 | 7.005 | 7.032 | 7.059 | 7.086 | 7.113 | 7.140 |
Woodie | 6.618 | 6.694 | 6.912 | 6.988 | 7.206 | 7.282 | 7.500 |
Fibonacci | 6.670 | 6.783 | 6.852 | 6.964 | 7.077 | 7.146 | 7.258 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 62.35 | |
MACD (12,26,9): | 0.0260 | |
Directional Movement: | 14.915 | |
AROON (14): | 78.571 | |
DEMA (21): | 7.076 | |
Parabolic SAR (0,02-0,02-0,2): | 7.043 | |
Elder Ray (13): | 0.015 | |
Super Trend (3,10): | 6.985 | |
Zig ZAG (10): | 7.065 | |
VORTEX (21): | 1.2360 | |
Stochastique (14,3,5): | 75.03 | |
TEMA (21): | 7.079 | |
Williams %R (14): | -26.42 | |
Chande Momentum Oscillator (20): | 0.025 | |
Repulse (5,40,3): | -0.0610 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0520 | |
Courbe Coppock: | 1.56 |
MA7: | 7.005 | |
MA20: | 6.923 | |
MA50: | 6.863 | |
MA100: | 6.769 | |
MAexp7: | 7.066 | |
MAexp20: | 7.041 | |
MAexp50: | 6.992 | |
MAexp100: | 6.951 | |
Price / MA7: | +0.73% | |
Price / MA20: | +1.92% | |
Price / MA50: | +2.81% | |
Price / MA100: | +4.24% | |
Price / MAexp7: | -0.14% | |
Price / MAexp20: | +0.21% | |
Price / MAexp50: | +0.92% | |
Price / MAexp100: | +1.51% |
Quotes :
-
15 min delayed data
-
Italy Stocks
News
The last news published on ENEL at the time of the generation of this analysis was as follows:
- Universal EV Chargers Offers Seamless Migration Plan with Free Consultation for Former Enel X Way Customers
- HONEYWELL PARTNERS WITH ENEL NORTH AMERICA TO HELP STABILIZE POWER GRIDS THROUGH ENERGY MANAGEMENT AUTOMATION
- ENEL CHILE ANNOUNCES THE FILING OF THE 2023 ANNUAL REPORT ON FORM 20-F
- ENEL AND BXP EXECUTE POWER PURCHASE AGREEMENT FOR NEW TEXAS SOLAR PROJECT
- ENEL CHILE ANNOUNCES THE FILING OF THE 2022 ANNUAL REPORT ON FORM 20-F
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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