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 09/13/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 14.319 EUR

My targets

15.831 EUR (+4.84%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ENI as long as the price remains well above 14.319 EUR. The buyers' bullish objective is set at 15.831 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, 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

8.9

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.

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Additional analysis

Quotes

The ENI rating is 15.100 EUR. The price registered a decrease of -0.01% on the session and was between 15.070 EUR and 15.214 EUR. This implies that the price is at +0.20% from its lowest and at -0.75% from its highest.

15.070

15.214

15.100

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

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 ENI in Daily 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

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 this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	12.842	13.658	14.319	15.100
Change (%)	-14.95%	-9.55%	-5.17%	-
Change	-2.258	-1.442	-0.781	-
Level	Major	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	14.744	14.842	14.972	15.070	15.200	15.298	15.428
Camarilla	15.039	15.060	15.081	15.102	15.123	15.144	15.165
Woodie	14.760	14.850	14.988	15.078	15.216	15.306	15.444
Fibonacci	14.842	14.929	14.983	15.070	15.157	15.211	15.298

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.011	14.223	14.511	14.723	15.011	15.223	15.511
Camarilla	14.661	14.706	14.752	14.798	14.844	14.890	14.936
Woodie	14.048	14.242	14.548	14.742	15.048	15.242	15.548
Fibonacci	14.223	14.414	14.532	14.723	14.914	15.032	15.223

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.507	12.945	13.615	14.053	14.723	15.161	15.831
Camarilla	13.979	14.081	14.182	14.284	14.386	14.487	14.589
Woodie	12.622	13.003	13.730	14.111	14.838	15.219	15.946
Fibonacci	12.945	13.369	13.630	14.053	14.477	14.738	15.161

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):	78.36
MACD (12,26,9):	0.3240
Directional Movement:	16.757
AROON (14):	100.000
DEMA (21):	14.958
Parabolic SAR (0,02-0,02-0,2):	14.477
Elder Ray (13):	0.419
Super Trend (3,10):	14.464
Zig ZAG (10):	15.106
VORTEX (21):	1.2140
Stochastique (14,3,5):	94.30
TEMA (21):	15.074
Williams %R (14):	-10.68
Chande Momentum Oscillator (20):	0.800
Repulse (5,40,3):	1.9180
ROCnROLL:	1
TRIX (15,9):	0.2790
Courbe Coppock:	11.11

MA7:	14.916
MA20:	14.473
MA50:	13.955
MA100:	13.519
MAexp7:	14.907
MAexp20:	14.551
MAexp50:	14.081
MAexp100:	13.704
Price / MA7:	+1.23%
Price / MA20:	+4.33%
Price / MA50:	+8.20%
Price / MA100:	+11.69%
Price / MAexp7:	+1.29%
Price / MAexp20:	+3.77%
Price / MAexp50:	+7.24%
Price / MAexp100:	+10.19%

Quotes : - 15 min delayed data - Italy Stocks

News

Don't forget to follow the news on ENI. At the time of publication of this analysis, the latest news was as follows:

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

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Londinia AI

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