
Technical analysis of E.ON SE (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
E.ON SE is an energy company operating in Germany, the United Kingdom, Sweden, the Netherlands, and other European markets, founded in 1923 and headquartered in Essen. The company operates power and gas distribution networks, provides integrated energy solutions for municipalities and industrial customers, and supplies electricity and gas to residential and business customers. Its services include district heating and cooling, installation of photovoltaic systems and heat pumps, electric vehicle charging infrastructure, and energy efficiency solutions.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
17.23 €
+3.98%
50 sessions
17.43 €
+2.78%
200 sessions
18.08 €
−0.89%
s2
17.32
Support
s1
17.66
Support
pivot
17.84
Pivot
r1
18.19
Resistance
r2
18.36
Resistance
In the October 20, 2026 session E.ON SE closed lower at 17.92 €, −0.53% versus the previous session.
The price sits mixed against its moving averages: +3.98% against the 21-session average, +2.78% against the 50 and −0.89% against the 200.
The 14-period RSI reads 59.4, in neutral territory.
MACD stands at 0.086 against a signal line at -0.043: the histogram is positive (+0.128).
ADX reads 20.9, indicating weak directionality.
Levels computed on the latest session place supports at 17.66 and 17.32 € and resistances at 18.19 and 18.36 €, around a pivot of 17.84.
The average daily range (ATR) is 0.348 €, or 1.94% of price.
Turnover was 417.3K shares, 12% of the 20-session average.
Over the last twelve months the price ranged between 16.57 and 19.74 €, and today stands −9.22% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is E.ON SE analysed technically?
Technical analysis of E.ON SE is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for E.ON SE?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to E.ON SE?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to E.ON SE it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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