SOLVAY SA (SOLB.BR) Stock Technical Analysis
EBR:SOLB - Euronext Brussels - BE0003470755 - Common Stock - Currency: EUR
Taking everything into account, SOLB scores 6 out of 10 in our technical rating. SOLB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SOLB is one of the better performing stocks in the Chemicals industry, it outperforms 90% of 61 stocks in the same industry.
In the last month SOLB has a been trading in the 28.02 - 34.12 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that SOLB is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SOLB 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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SOLB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 32.46, a Stop Loss order could be placed below this zone.
More info and screens
28.43
35.96
4 important support areas can be observed.
- A support zone ranging from 31.46 to 32.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.93 from a horizontal line in the daily time frame.
- A support zone ranging from 29.54 to 29.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.72 to 28.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @33.32 from a trend line in the weekly time frame.
- A resistance zone ranging from 34.60 to 34.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.60 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
CRS86
Mansfield0.35
10 Day High33.96
10 Day Low29.04
20 Day High34.12
20 Day Low28.02
52 Week High39.37
52 Week Low28.02
Performance
1 Week4.83%
2 Weeks11.65%
1 Month-4.79%
3 Month11.58%
6 Month-14.52%
12 Month9.21%
2 Year16.46%
3 Year39.98%
5 Year77.95%
10 Year-3.67%
15 Year76.07%
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)0.26
RSI(14)57.69
LBB28.91
UBB33.2
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.33 | 31.45 | 1.88 (5.64%) | 17.73% |
| An entry @33.33. This is a Buy Stop order right above the resistance zone. | An exit @31.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.88 points, which is 5.64%. | For a 1.00% total portfolio risk, you can invest 17.73% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SOLB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBR:SOLB (4/25/2025, 7:00:00 PM)
32.92
+0.34 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.04%
1 Week4.83%
2 Weeks11.65%
1 Month-4.79%
3 Month11.58%
6 Month-14.52%
12 Month9.21%
2 Year16.46%
3 Year39.98%
5 Year77.95%
10 Year-3.67%
15 Year76.07%
Volatility
ATR(14)1.47
ATR(20)%4.06%
ATR Inc-53.12%
Range Today0.48
ADR(20)1.21
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86
Mansfield0.35
10 Day High33.96
10 Day Low29.04
20 Day High34.12
20 Day Low28.02
52 Week High39.37
52 Week Low28.02
CS1 End32.46
CR1 Start33.32
Volume & EV
DER(3)1.86%
DER(5)1.08%
Volume107.65K
Volume Incr-44.43%
Vol(5)135.99K
Vol(50)223.77K