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Enlight Renewable Energy Ltd

ENLT•NASDAQ
Utilities
Renewable Utilities
$68.80
$-1.25(-1.78%)
U.S. Market opens in 13h 50m

Enlight Renewable Energy Ltd (ENLT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Enlight Renewable Energy Ltd (NASDAQ:ENLT).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ENLT Technical Analysis Summary

Enlight Renewable Energy Ltd stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 68.33)
Trend Strength:Very Strong (ADX: 43.38)
Volatility:Medium (ATR: 3.44)
Support/Resistance:$51.20 – $74.46 (Bollinger Bands)

Overall, Enlight Renewable Energy Ltd remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 68.33

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.21

Neutral
Mid-range signal with no clear trend.

Williams %R: -37.49

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 21.71

Strongly Bullish
Strong upside momentum.

Takeaway:Enlight Renewable Energy Ltd shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 5.21

Bullish
Bullish, trend momentum is strengthening.

ADX: 43.38

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 3.44

Medium
Medium volatility, healthy price movement.

CCI (14): 88.76

Bullish
Bullish, momentum building upward.

Takeaway:Enlight Renewable Energy Ltd shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$74.46
Middle Band (SMA 20)
$62.83
Lower Band
$51.20
Current Position
Within Bands

Takeaway:Enlight Renewable Energy Ltd trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$70.50
Middle Line (EMA 20)
$63.62
Lower Channel
$56.73
Squeeze Status
No Squeeze

Takeaway:Enlight Renewable Energy Ltd trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.38M
Money Flow Index70.47Bullish, inflows support continued momentum.
Relative Vigor Index65.13Bullish, price momentum strongly favors buyers.

Overall Takeaway:ENLT shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Enlight Renewable Energy Ltd, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Enlight Renewable Energy Ltd are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ