Technical Analysis for E - ENI S.p.A.

Grade Last Price % Change Price Change
C 31.17 1.23% 0.38
E closed up 1.23 percent on Monday, July 1, 2024, on 46 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Flat Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Cup with Handle Other 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Narrow Range Bar Range Contraction 1.23%
Weak + Overbought Other 1.23%
Inside Day Range Contraction 1.23%
Gapped Up Strength 1.23%

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Profile

ENI S.p.A. Description

Eni SpA, together with its subsidiaries, engages in the oil and gas exploration and production, gas marketing operations, power generation, chemicals, and oilfield services businesses internationally. Its Exploration & Production segment engages in oil and natural gas exploration and field development and production, as well as LNG operations in 43 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, the United States, Kazakhstan, Russia, Algeria, Australia, Venezuela, Iraq, and Mozambique. The company's Gas & Power segment is involved in the supply, trading, and marketing of gas and electricity; international gas transport activities; and LNG supply and marketing activities. Its Refining & Marketing segment engages in crude oil supply; and refining and marketing of petroleum products primarily in Italy and rest of Europe. The company also produces power and steam; and produces various chemicals, including olefins and aromatics, basic intermediate products, polyethylene, polystyrenes, and elastomers in Italy and Western Europe. Eni SpA was founded in 1953 and is headquartered in Rome, Italy.


Classification

Sector: Energy
Industry: Oil & Gas Integrated
Keywords: Natural Gas Chemical Electricity Petroleum Petroleum Production Petroleum Products Liquefied Natural Gas Gas Exploration Oil And Gas Exploration Field Services Polyethylene Elastomer Natural Gas Exploration Oilfield Services Gas Marketing Styrene Intermediate Product Intermediate Products

Is E a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 33.2639
52 Week Low 26.4673
Average Volume 430,410
200-Day Moving Average 31.13
50-Day Moving Average 31.15
20-Day Moving Average 30.28
10-Day Moving Average 30.32
Average True Range 0.51
RSI (14) 57.08
ADX 15.65
+DI 32.41
-DI 24.37
Chandelier Exit (Long, 3 ATRs) 30.23
Chandelier Exit (Short, 3 ATRs) 30.34
Upper Bollinger Bands 31.45
Lower Bollinger Band 29.10
Percent B (%b) 0.88
BandWidth 7.77
MACD Line -0.11
MACD Signal Line -0.29
MACD Histogram 0.1801
Fundamentals Value
Market Cap 49.92 Billion
Num Shares 1.6 Billion
EPS 3.36
Price-to-Earnings (P/E) Ratio 9.28
Price-to-Sales 0.49
Price-to-Book 0.81
PEG Ratio 1.87
Dividend 0.22
Dividend Yield 0.71%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.71
Resistance 3 (R3) 31.74 31.60 31.62
Resistance 2 (R2) 31.60 31.46 31.58 31.59
Resistance 1 (R1) 31.38 31.37 31.31 31.35 31.56
Pivot Point 31.24 31.24 31.20 31.22 31.24
Support 1 (S1) 31.02 31.10 30.95 30.99 30.78
Support 2 (S2) 30.88 31.01 30.86 30.75
Support 3 (S3) 30.66 30.88 30.72
Support 4 (S4) 30.63