Londinia Opportunities Analyses - 09/23/2022 (GMT) ENEL S.P.A.EO 1 - 1H
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EUR
(-)
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15 min delayed data - Germany Stocks
| Type: | Stocks |
| Ticker: | ENL |
| ISIN: | IT0003128367 |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 4.7000 EUR
My targets
4.5998 EUR (-1.37%)
4.3920 EUR (-5.82%)
My analysis
The bearish trend is currently very strong for ENEL S.P.A.EO 1. As long as the price remains below the resistance at 4.7000 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 4.5998 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.3920 EUR as an objective. Crossing it would then enable sellers to target 3.9022 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
ENEL S.P.A.EO 1 rating 4.6635 EUR. The price is lower by -6.50% since the last closing and was between 4.6390 EUR and 4.8280 EUR. This implies that the price is at +0.53% from its lowest and at -3.41% from its highest.4.6390
4.8280
4.6635
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ENEL S.P.A.EO 1:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ENEL S.P.A.EO 1 indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong 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, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.9022 | 4.5998 | 4.6524 | 4.6635 | 4.7000 | 4.7918 | 4.9662 |
| Change (%) | -16.32% | -1.37% | -0.24% | - | +0.78% | +2.75% | +6.49% |
| Change | -0.7613 | -0.0637 | -0.0111 | - | +0.0365 | +0.1283 | +0.3027 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6617 | 4.7268 | 4.8572 | 4.9223 | 5.0527 | 5.1178 | 5.2482 |
| Camarilla | 4.9337 | 4.9517 | 4.9696 | 4.9875 | 5.0054 | 5.0233 | 5.0413 |
| Woodie | 4.6943 | 4.7431 | 4.8898 | 4.9386 | 5.0853 | 5.1341 | 5.2808 |
| Fibonacci | 4.7268 | 4.8015 | 4.8477 | 4.9223 | 4.9970 | 5.0432 | 5.1178 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6175 | 4.7240 | 4.8370 | 4.9435 | 5.0565 | 5.1630 | 5.2760 |
| Camarilla | 4.8896 | 4.9098 | 4.9299 | 4.9500 | 4.9701 | 4.9902 | 5.0104 |
| Woodie | 4.6208 | 4.7256 | 4.8403 | 4.9451 | 5.0598 | 5.1646 | 5.2793 |
| Fibonacci | 4.7240 | 4.8079 | 4.8597 | 4.9435 | 5.0274 | 5.0792 | 5.1630 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.0840 | 4.3920 | 4.5460 | 4.8540 | 5.0080 | 5.3160 | 5.4700 |
| Camarilla | 4.5730 | 4.6153 | 4.6577 | 4.7000 | 4.7424 | 4.7847 | 4.8271 |
| Woodie | 4.0070 | 4.3535 | 4.4690 | 4.8155 | 4.9310 | 5.2775 | 5.3930 |
| Fibonacci | 4.3920 | 4.5685 | 4.6775 | 4.8540 | 5.0305 | 5.1395 | 5.3160 |
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): | 36.68 | |
| MACD (12,26,9): | -0.0422 | |
| Directional Movement: | -6.6615 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 4.7698 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.9538 | |
| Elder Ray (13): | -0.1376 | |
| Super Trend (3,10): | 4.8408 | |
| Zig ZAG (10): | 4.6580 | |
| VORTEX (21): | 0.6105 | |
| Stochastique (14,3,5): | 3.50 | |
| TEMA (21): | 4.7383 | |
| Williams %R (14): | -94.55 | |
| Chande Momentum Oscillator (20): | -0.1990 | |
| Repulse (5,40,3): | -1.6010 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0545 | |
| Courbe Coppock: | 4.30 |
| MA7: | 4.9049 | |
| MA20: | 4.8183 | |
| MA50: | 4.8720 | |
| MA100: | 5.1481 | |
| MAexp7: | 4.7514 | |
| MAexp20: | 4.8159 | |
| MAexp50: | 4.8532 | |
| MAexp100: | 4.8611 | |
| Price / MA7: | -4.92% | |
| Price / MA20: | -3.21% | |
| Price / MA50: | -4.28% | |
| Price / MA100: | -9.41% | |
| Price / MAexp7: | -1.85% | |
| Price / MAexp20: | -3.16% | |
| Price / MAexp50: | -3.91% | |
| Price / MAexp100: | -4.06% |
Quotes :
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