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 05/03/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

17%

67%

17%

My opinion

Neutral between 14.359 EUR and 15.299 EUR

My targets

My analysis

The short-term decline on ENI remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 14.359 EUR. The first resistance is located at 15.299 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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 14.770 EUR. The price registered a decrease of -0.36% on the session and was traded between 14.730 EUR and 14.854 EUR over the period. The price is currently at +0.27% from its lowest and -0.57% from its highest.

14.730

14.854

14.770

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ENI in Daily shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

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 triangle

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	13.908	14.359	14.736	14.770	15.299	15.730
Change (%)	-5.84%	-2.78%	-0.23%	-	+3.58%	+6.50%
Change	-0.862	-0.411	-0.034	-	+0.529	+0.960
Level	Major	Intermediate	Intermediate	-	Major	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	14.436	14.592	14.708	14.864	14.980	15.136	15.252
Camarilla	14.749	14.774	14.799	14.824	14.849	14.874	14.899
Woodie	14.416	14.582	14.688	14.854	14.960	15.126	15.232
Fibonacci	14.592	14.696	14.760	14.864	14.968	15.032	15.136

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.450	14.812	15.036	15.398	15.622	15.984	16.208
Camarilla	15.099	15.153	15.206	15.260	15.314	15.367	15.421
Woodie	14.381	14.778	14.967	15.364	15.553	15.950	16.139
Fibonacci	14.812	15.036	15.174	15.398	15.622	15.760	15.984

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.636	14.208	14.672	15.244	15.708	16.280	16.744
Camarilla	14.851	14.946	15.041	15.136	15.231	15.326	15.421
Woodie	13.582	14.181	14.618	15.217	15.654	16.253	16.690
Fibonacci	14.208	14.604	14.848	15.244	15.640	15.884	16.280

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):	40.82
MACD (12,26,9):	0.0460
Directional Movement:	-2.545
AROON (14):	-100.000
DEMA (21):	15.242
Parabolic SAR (0,02-0,02-0,2):	15.740
Elder Ray (13):	-0.342
Super Trend (3,10):	15.619
Zig ZAG (10):	14.760
VORTEX (21):	0.9200
Stochastique (14,3,5):	11.74
TEMA (21):	15.120
Williams %R (14):	-97.48
Chande Momentum Oscillator (20):	-0.446
Repulse (5,40,3):	-3.2420
ROCnROLL:	2
TRIX (15,9):	0.1580
Courbe Coppock:	4.22

MA7:	15.106
MA20:	15.302
MA50:	14.758
MA100:	14.662
MAexp7:	15.050
MAexp20:	15.124
MAexp50:	14.910
MAexp100:	14.693
Price / MA7:	-2.22%
Price / MA20:	-3.48%
Price / MA50:	+0.08%
Price / MA100:	+0.74%
Price / MAexp7:	-1.86%
Price / MAexp20:	-2.34%
Price / MAexp50:	-0.94%
Price / MAexp100:	+0.52%

Quotes : - 15 min delayed data - Italy Stocks

News

The last news published on ENI 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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