ENI

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ENI
ISIN:	IT0003132476

ENI - Daily - Technical analysis published on 01/19/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

72%

22%

My opinion

Bearish under 15.462 EUR

My targets

13.691 EUR (-5.81%)

13.128 EUR (-9.69%)

My analysis

ENI is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 15.462 EUR. The next support located at 13.691 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 13.128 EUR. Below this support, sellers could then target 12.447 EUR.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

5.4

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 ENI price is 14.536 EUR. On the day, this instrument lost -0.49% and was traded between 14.518 EUR and 14.738 EUR over the period. The price is currently at +0.12% from its lowest and -1.37% from its highest.

14.518

14.738

14.536

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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:

Near a new HIGH record (5 years)

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

A technical analysis in Daily of this ENI chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	12.447	13.128	13.691	14.536	14.598	15.462
Change (%)	-14.37%	-9.69%	-5.81%	-	+0.43%	+6.37%
Change	-2.089	-1.408	-0.845	-	+0.062	+0.926
Level	Major	Intermediate	Minor	-	Major	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	14.121	14.289	14.449	14.617	14.777	14.945	15.105
Camarilla	14.518	14.548	14.578	14.608	14.638	14.668	14.698
Woodie	14.116	14.287	14.444	14.615	14.772	14.943	15.100
Fibonacci	14.289	14.415	14.492	14.617	14.743	14.820	14.945

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.121	14.463	14.753	15.095	15.385	15.727	16.017
Camarilla	14.868	14.926	14.984	15.042	15.100	15.158	15.216
Woodie	14.094	14.450	14.726	15.082	15.358	15.714	15.990
Fibonacci	14.463	14.705	14.854	15.095	15.337	15.486	15.727

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.049	14.365	14.857	15.173	15.665	15.981	16.473
Camarilla	15.126	15.200	15.274	15.348	15.422	15.496	15.570
Woodie	14.136	14.409	14.944	15.217	15.752	16.025	16.560
Fibonacci	14.365	14.674	14.865	15.173	15.482	15.673	15.981

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):	35.67
MACD (12,26,9):	-0.1100
Directional Movement:	-17.153
AROON (14):	-85.714
DEMA (21):	14.867
Parabolic SAR (0,02-0,02-0,2):	15.179
Elder Ray (13):	-0.271
Super Trend (3,10):	15.364
Zig ZAG (10):	14.544
VORTEX (21):	0.8230
Stochastique (14,3,5):	8.94
TEMA (21):	14.734
Williams %R (14):	-93.01
Chande Momentum Oscillator (20):	-0.896
Repulse (5,40,3):	-3.1730
ROCnROLL:	2
TRIX (15,9):	-0.0160
Courbe Coppock:	7.23

MA7:	14.798
MA20:	15.118
MA50:	15.004
MA100:	14.925
MAexp7:	14.768
MAexp20:	14.966
MAexp50:	14.981
MAexp100:	14.732
Price / MA7:	-1.77%
Price / MA20:	-3.85%
Price / MA50:	-3.12%
Price / MA100:	-2.61%
Price / MAexp7:	-1.57%
Price / MAexp20:	-2.87%
Price / MAexp50:	-2.97%
Price / MAexp100:	-1.33%

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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