FNM SPA (FNM.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:FNM - IT0000060886 - Common Stock
Overall FNM gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FNM is only an average performer.
Although the technical rating is only medium, FNM does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 0.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.48, a Stop Loss order could be placed below this zone.
More info and screens
0.40
We found 5 important support areas.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.46 from a horizontal line in the daily time frame.
- A support zone ranging from 0.45 to 0.45. 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.
3 important resistance areas can be observed.
- Resistance @0.48 from a horizontal line in the daily time frame.
- Resistance @0.49 from a trend line in the weekly time frame.
- Resistance @0.51 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 | 52.53 | NEUTRAL | FNM.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNM.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNM.MI is above the rising 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) | 54.51 | NEUTRAL | The RSI value for FNM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FNM.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.45 | NEUTRAL | The Stochastics value for FNM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for FNM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15 | NEGATIVE | The low ADX value for FNM.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 0.49 | 0.46 | 0.03 (5.92%) | 16.90% |
| An entry @0.49. This is a Buy Stop order right above the resistance zone. | An exit @0.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 5.92%. | When investing 16.90% 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.
BIT:FNM (1/5/2026, 9:03:57 AM)
0.483
+0 (+0.84%)
FNM SPA / FNM.MI FAQ
Can you provide the ChartMill technical rating for FNM SPA?
ChartMill assigns a technical rating of 6 / 10 to FNM.MI.
What is the current trend direction of FNM SPA (FNM.MI) 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 54.5059. This indicates that the stock is currently neutral.
What is the short term momentum for FNM SPA (FNM.MI) stock?
The short term momentum for FNM SPA (FNM.MI) is neutral.