FNM SPA (FNM.MI) Stock Technical Analysis
Europe - BIT:FNM - IT0000060886 - Common Stock
We assign a technical rating of 4 out of 10 to FNM. In the last year, FNM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
FNM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.46, a Stop Loss order could be placed below this zone.
More info and screens
0.40
4 important support areas can be observed.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.45 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.46 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.49 from a trend line in the weekly time frame.
- Resistance @0.50 from a horizontal line in the weekly time frame.
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 FNM.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNM.MI is neutral. |
| ChartMill Relative Strength | 59.64 | NEUTRAL | FNM.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FNM.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FNM.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNM.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.38 | NEUTRAL | The RSI value for FNM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FNM.MI has a positive trend. |
| Stochastics (14,3) | 52.53 | NEUTRAL | The Stochastics value for FNM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for FNM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for FNM.MI suggests a weak or negative trend. |
BIT:FNM (11/7/2025, 5:14:47 PM)
0.462
0 (0%)
FNM SPA / FNM.MI FAQ
Can you provide the ChartMill technical rating for FNM SPA?
ChartMill assigns a technical rating of 4 / 10 to FNM.MI.
What is the trend direction for FNM stock?
The current trend direction for FNM SPA (FNM.MI) is Bullish.
Can you provide the RSI signal for FNM SPA?
FNM SPA (FNM.MI) has an RSI value of 49.3844. This indicates that the stock is currently neutral.
What is the short term momentum for FNM stock?
The short term momentum for FNM SPA (FNM.MI) is neutral.
What is the support and resistance level for FNM stock?
FNM SPA (FNM.MI) has a support level at 0.46 and a resistance level at 0.46. Check the full technical report for our detailed analysis of FNM.MI support and resistance levels.