IL SOLE 24 ORE (S24.MI) Stock Technical Analysis
BIT:S24 - Euronext Milan - IT0005283111 - Common Stock - Currency: EUR
Taking everything into account, S24 scores 3 out of 10 in our technical rating. S24 has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: S24 has an average volume of 21133 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, S24 turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
S24 is an average performer in the Media industry, it outperforms 60% of 65 stocks in the same industry.
S24 is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month S24 has a been trading in the 0.60 - 0.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, S24 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.64, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.41
0.73
We found 4 important support areas.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.54 from a horizontal line in the weekly time frame.
- Support @0.41 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.67 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.37
Mansfield-1.28
10 Day High0.71
10 Day Low0.65
20 Day High0.71
20 Day Low0.6
52 Week High0.82
52 Week Low0.52
Performance
1 Week-3.19%
2 Weeks-4.02%
1 Month4.7%
3 Month0%
6 Month-12.34%
12 Month24.16%
2 Year32.02%
3 Year32.54%
5 Year34.14%
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)47.9
LBB0.64
UBB0.72
BIT:S24 (3/4/2025, 7:00:00 PM)
0.668
-0.02 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.62%
1 Week-3.19%
2 Weeks-4.02%
1 Month4.7%
3 Month0%
6 Month-12.34%
12 Month24.16%
2 Year32.02%
3 Year32.54%
5 Year34.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%3.49%
ATR Inc-54.84%
Range Today0.02
ADR(20)0.02
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.37
Mansfield-1.28
10 Day High0.71
10 Day Low0.65
20 Day High0.71
20 Day Low0.6
52 Week High0.82
52 Week Low0.52
CS1 End0.64
CR1 Start0.67
Volume & EV
DER(3)0%
DER(5)0%
Volume19.83K
Volume Incr46.99%
Vol(5)31.15K
Vol(50)21.13K