SNAM SPA (SRG.MI) Stock Technical Analysis
BIT:SRG - Euronext Milan - IT0003153415 - Common Stock - Currency: EUR
Overall SRG gets a technical rating of 9 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, SRG is showing a nice and steady performance.
SRG is one of the lesser performing stocks in the Gas Utilities industry. 75% of 5 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SRG did better than 77% of all other stocks.
SRG is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month SRG has a been trading in the 4.46 - 5.04 range, which is quite wide. It is currently trading near the high of this range.
SRG has an average volume of 9490060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.95. Right above this resistance zone may be a good entry point.
More info and screens
4.09
5.02
We found 4 important support areas.
- A support zone ranging from 4.51 to 4.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 4.40 to 4.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 4.21 to 4.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.13 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.95 to 4.97. This zone is formed by a combination of multiple trend lines 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
CRS77.87
Mansfield1.37
10 Day High4.99
10 Day Low4.53
20 Day High5.04
20 Day Low4.46
52 Week High5.04
52 Week Low4.11
Performance
1 Week1.9%
2 Weeks9.58%
1 Month6.97%
3 Month12.02%
6 Month9.97%
12 Month14.67%
2 Year-1.96%
3 Year-5.42%
5 Year20.87%
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)61.83
LBB4.47
UBB5.06
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 |
|---|---|---|---|
| 4.98 | 4.52 | 0.46 (9.22%) | 10.85% |
| An entry @4.98. This is a Buy Stop order right above the resistance zone. | An exit @4.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.46 points, which is 9.22%. | For a 1.00% total portfolio risk, you can invest 10.85% of your capital in this trade. |
- 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.
BIT:SRG (4/25/2025, 7:00:00 PM)
4.941
-0.01 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.28%
1 Week1.9%
2 Weeks9.58%
1 Month6.97%
3 Month12.02%
6 Month9.97%
12 Month14.67%
2 Year-1.96%
3 Year-5.42%
5 Year20.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%2.43%
ATR Inc-48.91%
Range Today0.07
ADR(20)0.11
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.87
Mansfield1.37
10 Day High4.99
10 Day Low4.53
20 Day High5.04
20 Day Low4.46
52 Week High5.04
52 Week Low4.11
CS1 End4.56
CR1 Start4.95
Volume & EV
DER(3)-3.25%
DER(5)-3.11%
Volume4.49M
Volume Incr-43.63%
Vol(5)6.67M
Vol(50)9.49M