E Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top E on May 22, 2024, netting in a 7.46% gain over 1 month

A.I.dvisor
at Tickeron.com
06/15/24
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+7.46% Gain from a Successful pattern Head-and-Shoulders Top
E - ENI SpA
Ticker: E
Company: ENI SpA
Gain from shortening: +7.46%
Confirmed: 05/22/24
Succeeded: 06/14/24
Total length: 38 days
On May 07, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for ENI SpA (E, $31.27). 15 days later, on May 22, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 14, 2024, the stock hit the target price of $28.94 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a producer of oil and natural gas

Industry IntegratedOil

Profile
Fundamentals
Details
Industry
Integrated Oil
Address
1, Piazzale Enrico Mattei
Phone
+39 252061632
Employees
32188
Web
https://www.eni.com