A2A SPA (A2A.MI) Stock Technical Analysis
BIT:A2A - Euronext Milan - IT0001233417 - Common Stock - Currency: EUR
Taking everything into account, A2A scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, A2A is showing a nice and steady performance.
A2A is part of the Multi-Utilities industry. There are 13 other stocks in this industry, of which 66% are performing better than A2A.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, A2A did better than 73% of all other stocks. We also observe that the gains produced by A2A over the past year are nicely spread over this period.
A2A 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 A2A is performing more or less in line with the market.
In the last month A2A has a been trading in the 2.16 - 2.32 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
A2A has an average volume of 10752100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
A2A has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.30, a Stop Loss order could be placed below this zone.
More info and screens
1.95
2.34
4 important support areas can be observed.
- A support zone ranging from 2.23 to 2.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.17 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.04 from a trend line in the weekly time frame.
- A support zone ranging from 1.97 to 1.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.31 to 2.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for A2A.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for A2A.MI is up. |
| ChartMill Relative Strength | 73.77 | POSITIVE | A2A.MI has a high relative strength, it outperformed 73.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of A2A.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of A2A.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of A2A.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for A2A.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests A2A.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.19 | NEUTRAL | The Stochastics value for A2A.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for A2A.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for A2A.MI suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 2.33 | 2.22 | 0.11 (4.72%) | 21.18% |
| An entry @2.33. This is a Buy Stop order right above the resistance zone. | An exit @2.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 4.72%. | For a 1.00% total portfolio risk, you can invest 21.18% 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:A2A (6/4/2025, 7:00:00 PM)
2.297
+0.03 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg1.37%
1 Week1.28%
2 Weeks1.68%
1 Month1.77%
3 Month5.85%
6 Month4.41%
12 Month18.8%
2 Year37.3%
3 Year89.52%
5 Year82.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.03%
ATR Inc0.65%
Range Today0.03
ADR(20)0.04
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.77
Mansfield0.42
10 Day High2.32
10 Day Low2.23
20 Day High2.32
20 Day Low2.16
52 Week High2.36
52 Week Low1.82
CS1 End2.3
CR1 Start2.31
Volume & EV
DER(3)-2%
DER(5)-1.27%
Volume8.96M
Volume Incr-27.43%
Vol(5)7.58M
Vol(50)10.75M