ENI

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ENI
ISIN:	IT0003132476

ENI - 1H - Technical analysis published on 09/13/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

83%

17%

My opinion

Bullish above 13.924 EUR

My targets

14.133 EUR (+0.89%)

14.464 EUR (+3.26%)

My analysis

The strong short-term increase in ENI calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 13.924 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 14.133 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.464 EUR as an objective. Crossing it would then enable buyers to target 14.673 EUR. Caution, a return under 13.924 EUR could jeopardize the reversal.

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

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 14.008 EUR. The price registered an increase of +1.14% on the session with the lowest point at 13.912 EUR and the highest point at 14.020 EUR. The deviation from the price is +0.69% for the low point and -0.09% for the high point.

13.912

14.020

14.008

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

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 1H of this ENI chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.472	13.682	13.924	14.008	14.133	14.464	14.673
Change (%)	-3.83%	-2.33%	-0.60%	-	+0.89%	+3.26%	+4.75%
Change	-0.536	-0.326	-0.084	-	+0.125	+0.456	+0.665
Level	Major	Major	Major	-	Minor	Intermediate	Intermediate

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	13.525	13.615	13.733	13.823	13.941	14.031	14.149
Camarilla	13.793	13.812	13.831	13.850	13.869	13.888	13.907
Woodie	13.538	13.622	13.746	13.830	13.954	14.038	14.162
Fibonacci	13.615	13.695	13.744	13.823	13.903	13.952	14.031

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.949	13.465	13.727	14.243	14.505	15.021	15.283
Camarilla	13.774	13.845	13.917	13.988	14.059	14.131	14.202
Woodie	12.821	13.402	13.599	14.180	14.377	14.958	15.155
Fibonacci	13.465	13.763	13.946	14.243	14.541	14.724	15.021

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.739	13.219	13.947	14.427	15.155	15.635	16.363
Camarilla	14.342	14.453	14.563	14.674	14.785	14.896	15.006
Woodie	12.862	13.281	14.070	14.489	15.278	15.697	16.486
Fibonacci	13.219	13.681	13.966	14.427	14.889	15.174	15.635

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):	59.80
MACD (12,26,9):	0.0020
Directional Movement:	8.447
AROON (14):	92.857
DEMA (21):	13.866
Parabolic SAR (0,02-0,02-0,2):	13.730
Elder Ray (13):	0.107
Super Trend (3,10):	13.787
Zig ZAG (10):	14.006
VORTEX (21):	1.0380
Stochastique (14,3,5):	95.33
TEMA (21):	13.930
Williams %R (14):	-0.61
Chande Momentum Oscillator (20):	0.158
Repulse (5,40,3):	0.4160
ROCnROLL:	-1
TRIX (15,9):	-0.0350
Courbe Coppock:	1.76

MA7:	13.946
MA20:	14.351
MA50:	14.302
MA100:	14.353
MAexp7:	13.928
MAexp20:	13.883
MAexp50:	13.973
MAexp100:	14.130
Price / MA7:	+0.44%
Price / MA20:	-2.39%
Price / MA50:	-2.06%
Price / MA100:	-2.40%
Price / MAexp7:	+0.57%
Price / MAexp20:	+0.90%
Price / MAexp50:	+0.25%
Price / MAexp100:	-0.86%

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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