SAIPEM SPA (SPM.MI)
IT0005495657 - Common Stock
Overall SPM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SPM did better than 95% of all other stocks.
SPM is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 94% of 36 stocks in the same industry.
SPM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPM is performing more or less in line with the market.
SPM has an average volume of 35624700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SPM has a been trading in the 2.40 - 2.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 2.48, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
1.38
2.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.48 to 2.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.16 from a trend line in the weekly time frame.
- Support @1.39 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.52 to 2.58. 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
CRS95.33
Mansfield1.07
10 Day High2.67
10 Day Low2.45
20 Day High2.67
20 Day Low2.4
52 Week High2.67
52 Week Low1.25
Performance
1 Week-1.34%
2 Weeks0.97%
1 Month4.41%
3 Month28.93%
6 Month4.97%
12 Month70.82%
2 Year122.71%
3 Year36.1%
5 Year-42.36%
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)-0.02
RSI(14)54.43
LBB2.44
UBB2.63
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 |
|---|---|---|---|
| 2.59 | 2.47 | 0.12 (4.63%) | 21.58% |
| An entry @2.59. This is a Buy Stop order right above the resistance zone. | An exit @2.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 4.63%. | When investing 21.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SAIPEM SPA
BIT:SPM (12/27/2024, 5:35:15 PM)
2.511
+0.03 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.17%
1 Week-1.34%
2 Weeks0.97%
1 Month4.41%
3 Month28.93%
6 Month4.97%
12 Month70.82%
2 Year122.71%
3 Year36.1%
5 Year-42.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.85%
ATR Inc-28.65%
Range Today0.05
ADR(20)0.07
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
CRS95.33
Mansfield1.07
10 Day High2.67
10 Day Low2.45
20 Day High2.67
20 Day Low2.4
52 Week High2.67
52 Week Low1.25
CS1 End2.48
CR1 Start2.52
Volume & EV
DER(3)-2.09%
DER(5)-1.79%
Volume2.56M
Volume Incr2.51%
Vol(5)32.17M
Vol(50)35.62M