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 05/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

17%

My opinion

Bullish above 14.486 EUR

My targets

14.939 EUR (+0.73%)

15.042 EUR (+1.43%)

My analysis

ENI 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 14.486 EUR. The next resistance located at 14.939 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 15.042 EUR. After this resistance, buyers could then target 15.275 EUR.

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

5.9

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 14.830 EUR. The price registered an increase of +1.65% on the session with the lowest point at 14.702 EUR and the highest point at 14.870 EUR. The deviation from the price is +0.87% for the low point and -0.27% for the high point.

14.702

14.870

14.830

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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 HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ENI chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14.136	14.486	14.768	14.830	14.939	15.042	15.275
Change (%)	-4.68%	-2.32%	-0.42%	-	+0.73%	+1.43%	+3.00%
Change	-0.694	-0.344	-0.062	-	+0.109	+0.212	+0.445
Level	Minor	Major	Intermediate	-	Intermediate	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.479	14.516	14.557	14.594	14.635	14.672	14.713
Camarilla	14.576	14.583	14.590	14.597	14.604	14.611	14.619
Woodie	14.480	14.517	14.558	14.595	14.636	14.673	14.714
Fibonacci	14.516	14.546	14.565	14.594	14.624	14.643	14.672

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.592	13.982	14.290	14.680	14.988	15.378	15.686
Camarilla	14.405	14.469	14.533	14.597	14.661	14.725	14.789
Woodie	13.550	13.962	14.248	14.660	14.946	15.358	15.644
Fibonacci	13.982	14.249	14.414	14.680	14.947	15.112	15.378

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.423	13.987	14.443	15.007	15.463	16.027	16.483
Camarilla	14.620	14.713	14.807	14.900	14.994	15.087	15.181
Woodie	13.370	13.960	14.390	14.980	15.410	16.000	16.430
Fibonacci	13.987	14.376	14.617	15.007	15.396	15.637	16.027

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):	65.26
MACD (12,26,9):	-0.0400
Directional Movement:	14.174
AROON (14):	100.000
DEMA (21):	14.591
Parabolic SAR (0,02-0,02-0,2):	14.445
Elder Ray (13):	0.145
Super Trend (3,10):	14.567
Zig ZAG (10):	14.852
VORTEX (21):	0.9930
Stochastique (14,3,5):	78.37
TEMA (21):	14.603
Williams %R (14):	-5.92
Chande Momentum Oscillator (20):	0.304
Repulse (5,40,3):	0.9590
ROCnROLL:	1
TRIX (15,9):	-0.0760
Courbe Coppock:	0.54

MA7:	14.821
MA20:	14.852
MA50:	14.722
MA100:	14.462
MAexp7:	14.655
MAexp20:	14.660
MAexp50:	14.738
MAexp100:	14.792
Price / MA7:	+0.06%
Price / MA20:	-0.15%
Price / MA50:	+0.73%
Price / MA100:	+2.54%
Price / MAexp7:	+1.19%
Price / MAexp20:	+1.16%
Price / MAexp50:	+0.62%
Price / MAexp100:	+0.26%

Quotes : - 15 min delayed data - Italy Stocks

News

The last news published on ENI 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.

About author

Londinia AI

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