SOL SPA (SOL.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:SOL - IT0001206769 - Common Stock
Taking everything into account, SOL scores 3 out of 10 in our technical rating. SOL 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.
Although the technical rating is bad, SOL 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 48.63, a Stop Loss order could be placed below this zone.
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39.79
3 important support areas can be observed.
- A support zone ranging from 48.49 to 48.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 46.94 to 47.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.19 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 49.05 to 49.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.55 from a trend line in the daily time frame.
- A resistance zone ranging from 51.80 to 52.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 54.00 to 54.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SOL.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOL.MI is neutral. |
| ChartMill Relative Strength | 68 | NEUTRAL | SOL.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SOL.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOL.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.17 | NEUTRAL | The RSI value for SOL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SOL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.38 | NEUTRAL | The Stochastics value for SOL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SOL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.76 | NEGATIVE | The low ADX value for SOL.MI suggests a weak or negative trend. |
BIT:SOL (12/12/2025, 7:00:00 PM)
48.75
-0.05 (-0.1%)
SOL SPA / SOL.MI FAQ
What is the technical rating for SOL stock?
ChartMill assigns a technical rating of 3 / 10 to SOL.MI.
Can you provide the trend direction for SOL SPA?
The current trend direction for SOL SPA (SOL.MI) is Bearish.
What is the RSI signal for SOL stock?
SOL SPA (SOL.MI) has an RSI value of 46.1658. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOL SPA?
The MACD indicator for SOL SPA (SOL.MI) has a value of -0.0434369, indicating a bearish trend.