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ENI
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 07/08/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
22%
56%
22%
My opinion
Bearish under 14.698 EUR
My targets
14.136 EUR (-2.01%)
13.879 EUR (-3.79%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for ENI as long as the price remains well below 14.698 EUR. The next bearish objective for sellers is set at 14.136 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 13.879 EUR. In case of crossing, the next objective would be the support located at 13.691 EUR. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 14.136 EUR. With this support, against the trend traders who want to buy ENI on a buy signal from their trading strategy should not hesitate to act.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.4

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ENI rating 14.426 EUR. The price registered a decrease of -0.19% on the session with the lowest point at 14.324 EUR and the highest point at 14.474 EUR. The deviation from the price is +0.71% for the low point and -0.33% for the high point.

14.324
14.474
14.426

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ENI:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ENI in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of channel

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.691 13.879 14.136 14.426 14.464 14.698 14.968
Change (%) -5.09% -3.79% -2.01% - +0.26% +1.89% +3.76%
Change -0.735 -0.547 -0.290 - +0.038 +0.272 +0.542
Level Major Intermediate Major - Major Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.10814.25814.35614.50614.60414.75414.852
Camarilla14.38614.40914.43114.45414.47714.50014.522
Woodie14.08214.24514.33014.49314.57814.74114.826
Fibonacci14.25814.35314.41114.50614.60114.65914.754


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.05214.23014.34214.52014.63214.81014.922
Camarilla14.37414.40114.42714.45414.48114.50714.534
Woodie14.01914.21414.30914.50414.59914.79414.889
Fibonacci14.23014.34114.40914.52014.63114.69914.810


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.45112.96713.66114.17714.87115.38716.081
Camarilla14.02114.13214.24314.35414.46514.57614.687
Woodie12.53913.01213.74914.22214.95915.43216.169
Fibonacci12.96713.43013.71514.17714.64014.92515.387

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 35.17
MACD (12,26,9): -0.0210
Directional Movement: -16.257
AROON (14): -64.286
DEMA (21): 14.496
Parabolic SAR (0,02-0,02-0,2): 14.573
Elder Ray (13): -0.052
Super Trend (3,10): 14.559
Zig ZAG (10): 14.438
VORTEX (21): 0.9410
Stochastique (14,3,5): 28.67
TEMA (21): 14.458
Williams %R (14): -65.66
Chande Momentum Oscillator (20): -0.172
Repulse (5,40,3): 0.2030
ROCnROLL: 2
TRIX (15,9): -0.0010
Courbe Coppock: 1.41
MA7: 14.481
MA20: 14.136
MA50: 14.380
MA100: 14.416
MAexp7: 14.470
MAexp20: 14.513
MAexp50: 14.489
MAexp100: 14.389
Price / MA7: -0.38%
Price / MA20: +2.05%
Price / MA50: +0.32%
Price / MA100: +0.07%
Price / MAexp7: -0.30%
Price / MAexp20: -0.60%
Price / MAexp50: -0.43%
Price / MAexp100: +0.26%

Quotes : - 15 min delayed data - Italy Stocks

News


The latest news and videos published on ENI 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.

About author

Londinia
Londinia AI

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