ELECNOR

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ENO
ISIN:	ES0129743318

ELECNOR - Daily - Technical analysis published on 05/23/2025 (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

78%

22%

My opinion

Bullish above 19.92 EUR

My targets

24.08 EUR (+9.95%)

My analysis

ELECNOR is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 19.92 EUR. The next resistance located at 24.08 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.6

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

ELECNOR rating 21.90 EUR. On the day, this instrument gained +4.29% and was between 21.00 EUR and 22.25 EUR. This implies that the price is at +4.29% from its lowest and at -1.57% from its highest.

21.00

22.25

21.90

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

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 ELECNOR 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3 (Daily)

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	15.86	18.42	19.92	21.90
Change (%)	-27.58%	-15.89%	-9.04%	-
Change	-6.04	-3.48	-1.98	-
Level	Intermediate	Major	Minor	-

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):	82.36
MACD (12,26,9):	0.8900
Directional Movement:	34.61
AROON (14):	100.00
DEMA (21):	21.11
Parabolic SAR (0,02-0,02-0,2):	20.60
Elder Ray (13):	1.18
Super Trend (3,10):	20.04
Zig ZAG (10):	21.65
VORTEX (21):	1.2600
Stochastique (14,3,5):	88.04
TEMA (21):	21.47
Williams %R (14):	-19.30
Chande Momentum Oscillator (20):	1.74
Repulse (5,40,3):	3.1300
ROCnROLL:	1
TRIX (15,9):	0.6400
Courbe Coppock:	19.63

MA7:	20.85
MA20:	19.89
MA50:	18.29
MA100:	17.50
MAexp7:	20.92
MAexp20:	19.97
MAexp50:	18.72
MAexp100:	17.64
Price / MA7:	+5.04%
Price / MA20:	+10.11%
Price / MA50:	+19.74%
Price / MA100:	+25.14%
Price / MAexp7:	+4.68%
Price / MAexp20:	+9.66%
Price / MAexp50:	+16.99%
Price / MAexp100:	+24.15%

Quotes : - 15 min delayed data - Spain Stocks

News

The latest news and videos published on ELECNOR at the time of the analysis were as follows:

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

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