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Enlight Renewable Energy Ltd

ENLT Technical Analysis Summary (NASDAQ)

Analyze ENLT on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ENLT●NASDAQ
UtilitiesRenewable Utilities
$67.41
$1.33(2.01%)
U.S. Market opens in 1h 24m

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 (NASDAQ)

Enlight Renewable Energy Ltd (NASDAQ: ENLT) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.31)
Trend Strength:Moderate (ADX: 22.45)
Volatility:Medium (ATR: 2.45)
Support/Resistance:$63.62 – $76.17 (Bollinger Bands)

Technical conditions suggest Enlight Renewable Energy Ltd on the NASDAQ is awaiting a decisive move. This mix signals that Enlight Renewable Energy Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.31

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.81

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.75

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -10.42

Strongly Bearish
Sharp downside momentum.

Takeaway:Enlight Renewable Energy Ltd shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -2.84

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.45

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.45

Medium
Medium volatility, healthy price movement.

CCI (14): -46.14

Bearish
Bearish, momentum remains under pressure.

Takeaway:Enlight Renewable Energy Ltd shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$76.17
Middle Band (SMA 20)
$69.90
Lower Band
$63.62
Current Position
Within Bands

Takeaway:Enlight Renewable Energy Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$74.80
Middle Line (EMA 20)
$69.90
Lower Channel
$64.99
Squeeze Status
No Squeeze

Takeaway:Enlight Renewable Energy Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume157.31K
Money Flow Index46.73Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.51Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ENLT shows neutral money flow, with no clear directional pressure.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Enlight Renewable Energy Ltd shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: ENLT) Technical Analysis FAQ