SECO SPA (IOT.MI) Stock Technical Analysis
BIT:IOT - Euronext Milan - IT0005438046 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to IOT. In the past year, IOT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, IOT is a bad performer in the overall market: 91% of all stocks are doing better.
IOT is part of the Technology Hardware, Storage & Peripherals industry. There are 29 other stocks in this industry, of which 60% are performing better than IOT.
IOT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month IOT has a been trading in the 1.65 - 1.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, IOT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IOT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.50
1.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.78 to 1.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.73 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.66 from a horizontal line in the daily time frame.
- A support zone ranging from 1.52 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.88 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.93 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.81
Mansfield-2.61
10 Day High1.96
10 Day Low1.73
20 Day High1.96
20 Day Low1.65
52 Week High3.8
52 Week Low1.46
Performance
1 Week-1.38%
2 Weeks2.65%
1 Month8.02%
3 Month2.09%
6 Month-21.34%
12 Month-45.77%
2 Year-59.16%
3 Year-67.88%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)57.27
LBB1.67
UBB1.95
BIT:IOT (3/7/2025, 7:00:00 PM)
1.858
0 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.11%
1 Week-1.38%
2 Weeks2.65%
1 Month8.02%
3 Month2.09%
6 Month-21.34%
12 Month-45.77%
2 Year-59.16%
3 Year-67.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%4.59%
ATR Inc-20.63%
Range Today0.06
ADR(20)0.08
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.81
Mansfield-2.61
10 Day High1.96
10 Day Low1.73
20 Day High1.96
20 Day Low1.65
52 Week High3.8
52 Week Low1.46
CS1 End1.79
CR1 Start1.88
Volume & EV
DER(3)5.39%
DER(5)3.18%
Volume102.10K
Volume Incr-44.57%
Vol(5)112.93K
Vol(50)156.78K