Enel: the bullish push still holds
Enel gains 0.5% as buyers retake control just under the highs
Enel: the bullish push still holds
Our view last week
Enel shares slipped 1.4% this week after a run toward their all-time high: the stock was rejected at the daily Bollinger Band's upper edge, with sellers taking over the last candle and buyer dominance fading. Underneath, the picture holds — momentum is accelerating, the ADX is climbing, and money flow stays positive. This week's technical read on Enel points to a healthy pause in the uptrend.
This week's summary
This week's technical read on Enel confirms last week's take: after being rejected at the daily Bollinger Band's upper edge, the stock climbed back with a 0.5% gain, buyers firmly back in control — 66% of volume — and money flow improving sharply. Price is brushing its all-time high again and the ADX holds steady at very high levels: the uptrend isn't losing steam. The trade is up 3.06% since entry.
Open long
·14th week from start
·EU-UK stocks
·T1 Featured
·📅 Earnings · Jul 30
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IQS Phase
58
ordinary
Signal Strength
32
medium · weak
Sizing
REDUCED
Ranking
#57 / 61
EU-UK stocks in progress
Trade P&L %
+3.06%
from signal to today
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