ENEL - 1H - Technical analysis published on 03/04/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 6.913 EUR
My targets
7.016 EUR (+0.73%)
7.064 EUR (+1.42%)
My analysis
The basic trend is bullish on ENEL and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 6.913 EUR. Sellers would then use the next support located at 6.846 EUR as an objective. Crossing it would then enable sellers to target 6.778 EUR. If there is a return to above the resistance located at 7.016 EUR, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 7.064 EUR and 7.089 EUR by extension.
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
0
10
2.9
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Additional analysis
Quotes
The ENEL rating is 6.965 EUR. The price registered a decrease of -0.29% on the session and was traded between 6.948 EUR and 7.051 EUR over the period. The price is currently at +0.24% from its lowest and -1.22% from its highest.6.948
7.051
6.965
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
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
Technical analysis of ENEL in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.846 | 6.913 | 6.949 | 6.965 | 7.016 | 7.039 | 7.064 |
| Change (%) | -1.71% | -0.75% | -0.23% | - | +0.73% | +1.06% | +1.42% |
| Change | -0.119 | -0.052 | -0.016 | - | +0.051 | +0.074 | +0.099 |
| Level | Minor | Intermediate | Major | - | Minor | 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 | 6.776 | 6.845 | 6.915 | 6.984 | 7.054 | 7.123 | 7.193 |
| Camarilla | 6.947 | 6.960 | 6.972 | 6.985 | 6.998 | 7.011 | 7.023 |
| Woodie | 6.777 | 6.845 | 6.916 | 6.984 | 7.055 | 7.123 | 7.194 |
| Fibonacci | 6.845 | 6.898 | 6.931 | 6.984 | 7.037 | 7.070 | 7.123 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.714 | 6.785 | 6.922 | 6.993 | 7.130 | 7.201 | 7.338 |
| Camarilla | 7.002 | 7.021 | 7.040 | 7.059 | 7.078 | 7.097 | 7.116 |
| Woodie | 6.747 | 6.802 | 6.955 | 7.010 | 7.163 | 7.218 | 7.371 |
| Fibonacci | 6.785 | 6.865 | 6.914 | 6.993 | 7.073 | 7.122 | 7.201 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.571 | 6.670 | 6.865 | 6.964 | 7.159 | 7.258 | 7.453 |
| Camarilla | 6.978 | 7.005 | 7.032 | 7.059 | 7.086 | 7.113 | 7.140 |
| Woodie | 6.618 | 6.694 | 6.912 | 6.988 | 7.206 | 7.282 | 7.500 |
| Fibonacci | 6.670 | 6.783 | 6.852 | 6.964 | 7.077 | 7.146 | 7.258 |
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): | 59.23 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 9.509 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 6.997 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.914 | |
| Elder Ray (13): | 0.016 | |
| Super Trend (3,10): | 7.050 | |
| Zig ZAG (10): | 7.035 | |
| VORTEX (21): | 1.0220 | |
| Stochastique (14,3,5): | 61.56 | |
| TEMA (21): | 6.987 | |
| Williams %R (14): | -18.62 | |
| Chande Momentum Oscillator (20): | -0.010 | |
| Repulse (5,40,3): | 1.0520 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0030 | |
| Courbe Coppock: | 1.12 |
| MA7: | 6.996 | |
| MA20: | 6.911 | |
| MA50: | 6.823 | |
| MA100: | 6.776 | |
| MAexp7: | 6.994 | |
| MAexp20: | 6.993 | |
| MAexp50: | 6.973 | |
| MAexp100: | 6.939 | |
| Price / MA7: | -0.44% | |
| Price / MA20: | +0.78% | |
| Price / MA50: | +2.08% | |
| Price / MA100: | +2.79% | |
| Price / MAexp7: | -0.41% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | +0.37% |
Quotes :
-
15 min delayed data
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Italy Stocks
News
The latest news and videos published on ENEL at the time of the analysis were as follows:
- Universal EV Chargers Offers Seamless Migration Plan with Free Consultation for Former Enel X Way Customers
- HONEYWELL PARTNERS WITH ENEL NORTH AMERICA TO HELP STABILIZE POWER GRIDS THROUGH ENERGY MANAGEMENT AUTOMATION
- ENEL CHILE ANNOUNCES THE FILING OF THE 2023 ANNUAL REPORT ON FORM 20-F
- ENEL AND BXP EXECUTE POWER PURCHASE AGREEMENT FOR NEW TEXAS SOLAR PROJECT
- ENEL CHILE ANNOUNCES THE FILING OF THE 2022 ANNUAL REPORT ON FORM 20-F
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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