ENI

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ENI
ISIN:	IT0003132476

ENI - Daily - Technical analysis published on 03/09/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 13.696 EUR

My targets

12.900 EUR (-3.80%)

12.506 EUR (-6.74%)

My analysis

ENI is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 13.696 EUR. The next support located at 12.900 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 12.506 EUR. Below this support, sellers could then target 12.179 EUR.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

4.3

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

Additional analysis

Quotes

ENI rating 13.410 EUR. The price registered a decrease of -0.06% on the session and was traded between 13.272 EUR and 13.420 EUR over the period. The price is currently at +1.04% from its lowest and -0.07% from its highest.

13.272

13.420

13.410

Here is a more detailed summary of the historical variations registered by ENI:

The Central Records scanner for higher/lower results shows the following items:

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 ENI chart shows a bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 4 are neutral and 9 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.506	12.900	13.297	13.410	13.696	14.074	14.432
Change (%)	-6.74%	-3.80%	-0.84%	-	+2.13%	+4.95%	+7.62%
Change	-0.904	-0.510	-0.113	-	+0.286	+0.664	+1.022
Level	Intermediate	Intermediate	Major	-	Intermediate	Minor	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	13.157	13.233	13.325	13.401	13.493	13.569	13.661
Camarilla	13.372	13.387	13.403	13.418	13.433	13.449	13.464
Woodie	13.166	13.237	13.334	13.405	13.502	13.573	13.670
Fibonacci	13.233	13.297	13.337	13.401	13.465	13.505	13.569

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.816	12.982	13.208	13.374	13.600	13.766	13.992
Camarilla	13.326	13.362	13.398	13.434	13.470	13.506	13.542
Woodie	12.846	12.997	13.238	13.389	13.630	13.781	14.022
Fibonacci	12.982	13.132	13.224	13.374	13.524	13.616	13.766

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.874	12.018	12.692	13.836	14.510	15.654	16.328
Camarilla	12.866	13.033	13.199	13.366	13.533	13.699	13.866
Woodie	10.639	11.901	12.457	13.719	14.275	15.537	16.093
Fibonacci	12.018	12.713	13.142	13.836	14.531	14.960	15.654

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):	40.53
MACD (12,26,9):	-0.2090
Directional Movement:	-14.344
AROON (14):	-64.286
DEMA (21):	13.445
Parabolic SAR (0,02-0,02-0,2):	13.861
Elder Ray (13):	-0.221
Super Trend (3,10):	14.128
Zig ZAG (10):	13.410
VORTEX (21):	0.8460
Stochastique (14,3,5):	18.10
TEMA (21):	13.256
Williams %R (14):	-79.37
Chande Momentum Oscillator (20):	-0.860
Repulse (5,40,3):	1.0060
ROCnROLL:	2
TRIX (15,9):	-0.1730
Courbe Coppock:	14.99

MA7:	13.389
MA20:	13.892
MA50:	13.990
MA100:	13.798
MAexp7:	13.444
MAexp20:	13.688
MAexp50:	13.810
MAexp100:	13.598
Price / MA7:	+0.16%
Price / MA20:	-3.47%
Price / MA50:	-4.15%
Price / MA100:	-2.81%
Price / MAexp7:	-0.25%
Price / MAexp20:	-2.03%
Price / MAexp50:	-2.90%
Price / MAexp100:	-1.38%

Quotes : - 15 min delayed data - Italy Stocks

News

The latest news and videos published on ENI at the time of the analysis were as follows:

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

About author

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