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 11/04/2024 (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

50%

11%

39%

My opinion

Bullish above 14.054 EUR

My targets

14.210 EUR (+0.58%)

14.417 EUR (+2.05%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ENI as long as the price remains well above 14.054 EUR. The buyers' bullish objective is set at 14.210 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.417 EUR. If there is any crossing, the next objective would be the resistance located at 14.545 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 14.210 EUR. On this resistance, against the trend traders who would like to go short on ENI with a bearish signal from their trading strategy, should not hesitate to act.

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

1.6

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

ENI rating 14.128 EUR. The price has increased by +0.67% since the last closing and was traded between 14.056 EUR and 14.136 EUR over the period. The price is currently at +0.51% from its lowest and -0.06% from its highest.

14.056

14.136

14.128

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 an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ENI in 1H shows an overall 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. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.892	13.964	14.054	14.128	14.210	14.417	14.545
Change (%)	-1.67%	-1.16%	-0.52%	-	+0.58%	+2.05%	+2.95%
Change	-0.236	-0.164	-0.074	-	+0.082	+0.289	+0.417
Level	Intermediate	Intermediate	Minor	-	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	13.761	13.889	13.961	14.089	14.161	14.289	14.361
Camarilla	13.979	13.997	14.016	14.034	14.052	14.071	14.089
Woodie	13.734	13.875	13.934	14.075	14.134	14.275	14.334
Fibonacci	13.889	13.965	14.012	14.089	14.165	14.212	14.289

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.509	13.701	13.867	14.059	14.225	14.417	14.583
Camarilla	13.936	13.968	14.001	14.034	14.067	14.100	14.133
Woodie	13.497	13.695	13.855	14.053	14.213	14.411	14.571
Fibonacci	13.701	13.837	13.922	14.059	14.195	14.280	14.417

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.597	13.093	13.553	14.049	14.509	15.005	15.465
Camarilla	13.749	13.837	13.924	14.012	14.100	14.187	14.275
Woodie	12.578	13.084	13.534	14.040	14.490	14.996	15.446
Fibonacci	13.093	13.459	13.684	14.049	14.415	14.640	15.005

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):	53.59
MACD (12,26,9):	0.0040
Directional Movement:	3.063
AROON (14):	35.714
DEMA (21):	14.081
Parabolic SAR (0,02-0,02-0,2):	14.016
Elder Ray (13):	0.021
Super Trend (3,10):	13.961
Zig ZAG (10):	14.114
VORTEX (21):	1.0180
Stochastique (14,3,5):	48.85
TEMA (21):	14.110
Williams %R (14):	-37.98
Chande Momentum Oscillator (20):	0.096
Repulse (5,40,3):	-0.0330
ROCnROLL:	-1
TRIX (15,9):	-0.0040
Courbe Coppock:	1.73

MA7:	14.118
MA20:	14.166
MA50:	14.074
MA100:	14.053
MAexp7:	14.106
MAexp20:	14.081
MAexp50:	14.108
MAexp100:	14.139
Price / MA7:	+0.07%
Price / MA20:	-0.27%
Price / MA50:	+0.38%
Price / MA100:	+0.53%
Price / MAexp7:	+0.16%
Price / MAexp20:	+0.33%
Price / MAexp50:	+0.14%
Price / MAexp100:	-0.08%

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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