Enlight Renewable Energy Ltd.

Stage 4 · Declining · week 2

As of Oct 22, 2026, Enlight Renewable Energy is in Stage 4, the downtrend phase, now in week 2 (since Oct 9, 2026). It closed at $69.32, 35.5% below its 52-week high and below its 200-day average, which is rising.

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, the Middle East, North Africa, Europe, the United States, and internationally. More about the company

$69.32

-3.49% today

$9.7B · Mid cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S4 19w

S2 62w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S? 9w → S3 1w → S4 6w → S1 4w → S2 7w → S3 12w → S2 6w → S3 3w → S4 19w → S1 5w → S2 10w → S3 5w → S4 1w → S3 1w → S2 62w → S3 10w → S4 2w current

Total tracked: 165 weeks across 17 stage runs.

ENLT among Utilities - Renewable1st of 22 by relative strength

All 22 →

Stocks in Utilities - Renewable ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	ENLTEnlight Renewable Energy Ltd.	Stage 4 · wk 2	95	−4.4%
2	ENICEnel Chile S.A.	Stage 3 · wk 5	67	0.0%
3	ELLOEllomay Capital Ltd	Stage 1 · wk 6	64	−4.4%
4	CWENClearway Energy, Inc. Class C	Stage 4 · wk 12	61	+4.3%
5	XIFRXPLR Infrastructure, LP	Stage 4 · wk 1	50	−7.8%
6	RNWReNew Energy Global plc Class A	Stage 2 · wk 14	47	+0.6%
7	ORAOrmat Technologies, Inc.	Stage 4 · wk 10	42	−8.1%
8	BEPCBrookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares	Stage 4 · wk 19	38	+0.5%

vs 52W High

-35.5%

$33.28 lo$107.42 hi

35.5% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 2

1w13w26w

Week 2, early Stage 4 decline

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-10.5%

200 DMA: $77.42 · rising

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

1.53x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-4.4%

-20.3%

-21.1%

YTD

+45.4%

+111.2%

Scan Membership

Breakout Watch

Latest: 2025-05-19

4 appearances in last 60 days. First seen: 2024-01-10.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 2 · Vol 1.53x

2026-10-21S4

Wk 2 · Vol 0.86x

2026-10-20S4

Wk 2 · Vol 1.09x

2026-10-19S4

Wk 2 · Vol 0.79x

2026-10-16S4

Wk 2 · Vol 0.88x

2026-10-15S4

Wk 1 · Vol 2.03x

2026-10-14S4

Wk 1 · Vol 2.10x

2026-10-13S4

Wk 1 · Vol 1.42x

2026-10-12S4

Wk 1 · Vol 1.04x

2026-10-09S43→4

Wk 1 · Vol 0.56x

2026-10-08S3

Wk 11 · Vol 0.70x

2026-10-07S3

Wk 11 · Vol 0.82x

Moving averages & range

50 DMA

$73.72

200 DMA

$77.42

52W High

$107.42

52W Low

$33.28

5D Low

$68.03

Resistance levels (recent highs)

20d High

$71.83

60d High

$90.54

120d High

$107.42

250d High

$107.42

Next resistance

+3.6%

to 20d High

P/E (TTM)

113.6

Forward 18.1

Earnings Growth (YoY)

+1900.2%

Revenue +43.0%

ROE

+6.0%

Profit margin +15.3%

Dividend Yield

0.00%

P/B 4.5

Enlight Renewable Energy: quick answers

What stage is Enlight Renewable Energy in?

As of Oct 22, 2026, Enlight Renewable Energy (ENLT) is in Stage 4, the downtrend phase. It entered Stage 4 on Oct 9, 2026 and is in week 2. What the four stages mean

Is Enlight Renewable Energy in an uptrend?

No. Enlight Renewable Energy is in a Stage 4 downtrend. It trades 10.5% below its 200-day average, which is rising.

How far is Enlight Renewable Energy from its 52-week high?

Enlight Renewable Energy closed at $69.32 on Oct 22, 2026, 35.5% below its 52-week high of $107.42. Its 52-week low is $33.28.

How has Enlight Renewable Energy performed over the past year?

As of Oct 22, 2026, Enlight Renewable Energy is up 111.2% over the past year and up 45.4% so far in 2026.

Which sector and industry is Enlight Renewable Energy in?

Enlight Renewable Energy is in the Utilities - Renewable industry, part of the Utilities sector.

About this companyUtilities· Utilities - Renewable

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, the Middle East, North Africa, Europe, the United States, and internationally. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects. The company holds a portfolio of renewable energy projects that consists of approximately 20 GW of multi-technology generation capacity and 35.8 GWh of energy storage capacity. The company was incorporated in 1981 and is headquartered in Rosh HaAyin, Israel.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.