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SAIPEM SPA (SPM.MI) Stock Technical Analysis

BIT:SPM - Euronext Milan - IT0005495657 - Common Stock - Currency: EUR

2.011  +0.05 (+2.39%)

Technical Rating and Analysis

0

Overall SPM gets a technical rating of 0 out of 10. SPM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SPM is a bad performer in the overall market: 75% of all stocks are doing better.
SPM has an average volume of 51829200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPM is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, SPM did better than 52% of them.
SPM 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 SPM has a been trading in the 1.59 - 2.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SAIPEM SPA / SPM Weekly stock chart
SAIPEM SPA / SPM Daily stock chart
Setup Rating and Analysis

3

The technical rating of SPM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.99

2.24

We can see 3 important resistance areas.

  • A resistance zone ranging from 2.02 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.12 from a trend line in the daily time frame.
  • Resistance @2.22 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.16
Mansfield-0.64
10 Day High2.01
10 Day Low1.67
20 Day High2.21
20 Day Low1.59
52 Week High2.8
52 Week Low1.59
Performance
1 Week10.31%
2 Weeks23.98%
1 Month-9.25%
3 Month-16.63%
6 Month-8.13%
12 Month-8.05%
2 Year45.09%
3 Year85.86%
5 Year-14.1%
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)0.03
RSI(14)55.16
LBB1.59
UBB2.01
SAIPEM SPA / SPM Daily stock chart

SAIPEM SPA

BIT:SPM (4/25/2025, 7:00:00 PM)

2.011

+0.05 (+2.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.39%
1 Week10.31%
2 Weeks23.98%
1 Month-9.25%
3 Month-16.63%
6 Month-8.13%
12 Month-8.05%
2 Year45.09%
3 Year85.86%
5 Year-14.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.59%
ATR Inc-35.15%
Range Today0.05
ADR(20)0.08
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.16
Mansfield-0.64
10 Day High2.01
10 Day Low1.67
20 Day High2.21
20 Day Low1.59
52 Week High2.8
52 Week Low1.59
CS1 EndN/A
CR1 Start2.02
Volume & EV
DER(3)0.62%
DER(5)1.11%
Volume50.51M
Volume Incr-9.08%
Vol(5)45.65M
Vol(50)51.83M