ENI S.p.A.
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ENI Long

102
The analyst consensus points to a rating of ´Underperform´. Average target price 31.7. Previous closing : 28.36 indicates for a potential upside 12%. Market Cap : 51,4Bn

Technical Analysis : Our price just hit the 50DMA we expect a pullback to our support and a green candle after it for a good entry level.

RSI : RSI looks strong as it has started creating HH and HL.

MACD : MACD Lines are very close to cross each other for a reversal of the trend. We need to wait until they actually do.


Entry : 27.50
Target : 31.67
Stop Loss : 26.70
Ratio : 1:5,6

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