ELECNOR

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ENO
ISIN:	ES0129743318

ELECNOR - 1H - Technical analysis published on 05/23/2025 (GMT)

Timeframe : 1H
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 21.13 EUR

My targets

My analysis

The bullish trend is currently very strong on ELECNOR. As long as the price remains above the support at 21.13 EUR, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

9.1

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

The ELECNOR rating is 22.15 EUR. The price has increased by +5.48% since the last closing with the lowest point at 21.00 EUR and the highest point at 22.25 EUR. The deviation from the price is +5.48% for the low point and -0.45% for the high point.

21.00

22.25

22.15

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:

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 this 1H chart of ELECNOR indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

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 3 (Daily)

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3 (Daily)

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3 (Weekly)

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3 (Monthly)

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : 1 hour

Near support of triangle

Type : Bullish

Timeframe : 1 hour

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

White line without lower shadow

Type : Bullish

Timeframe : 1 hour

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	20.25	20.80	21.13	22.15
Change (%)	-8.58%	-6.09%	-4.60%	-
Change	-1.90	-1.35	-1.02	-
Level	Intermediate	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	20.40	20.60	20.80	21.00	21.20	21.40	21.60
Camarilla	20.89	20.93	20.96	21.00	21.04	21.07	21.11
Woodie	20.40	20.60	20.80	21.00	21.20	21.40	21.60
Fibonacci	20.60	20.75	20.85	21.00	21.15	21.25	21.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.00	19.33	19.89	20.22	20.78	21.11	21.67
Camarilla	20.21	20.29	20.37	20.45	20.53	20.61	20.70
Woodie	19.12	19.39	20.01	20.28	20.90	21.17	21.79
Fibonacci	19.33	19.67	19.88	20.22	20.56	20.77	21.11

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.44	13.76	16.32	17.64	20.20	21.52	24.08
Camarilla	17.81	18.17	18.52	18.88	19.24	19.59	19.95
Woodie	13.06	14.07	16.94	17.95	20.82	21.83	24.70
Fibonacci	13.76	15.24	16.16	17.64	19.12	20.04	21.52

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):	81.96
MACD (12,26,9):	0.2000
Directional Movement:	46.42
AROON (14):	71.43
DEMA (21):	21.32
Parabolic SAR (0,02-0,02-0,2):	20.90
Elder Ray (13):	0.78
Super Trend (3,10):	21.21
Zig ZAG (10):	22.20
VORTEX (21):	1.1400
Stochastique (14,3,5):	71.58
TEMA (21):	21.40
Williams %R (14):	-3.45
Chande Momentum Oscillator (20):	1.25
Repulse (5,40,3):	4.5400
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	3.28

MA7:	20.93
MA20:	19.92
MA50:	18.30
MA100:	17.51
MAexp7:	21.40
MAexp20:	21.09
MAexp50:	20.80
MAexp100:	20.38
Price / MA7:	+5.83%
Price / MA20:	+11.19%
Price / MA50:	+21.04%
Price / MA100:	+26.50%
Price / MAexp7:	+3.50%
Price / MAexp20:	+5.03%
Price / MAexp50:	+6.49%
Price / MAexp100:	+8.68%

Quotes : - 15 min delayed data - Spain Stocks

News

The last news published on ELECNOR 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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