GAS PLUS (GSP.MI) Stock Technical Analysis
Europe - BIT:GSP - IT0004098510 - Common Stock
Overall GSP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GSP has proven to be a steady performer, scoring decent points in every aspect analyzed.
GSP 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 support zone below the current price at 6.94, 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
5.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.91 to 6.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.44 to 5.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.14 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.94 to 7.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 GSP.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSP.MI is up. |
| ChartMill Relative Strength | 98.48 | POSITIVE | GSP.MI has a high relative strength, it outperformed 98.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GSP.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSP.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSP.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.61 | NEUTRAL | The RSI value for GSP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GSP.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.59 | NEUTRAL | The Stochastics value for GSP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for GSP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 41.85 | POSITIVE | The high ADX value value for GSP.MI suggests a strong 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 |
|---|---|---|---|
| 7.12 | 6.90 | 0.22 (3.09%) | 25.00% |
| An entry @7.12. This is a Buy Stop order right above the resistance zone. | An exit @6.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 3.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of GSP. Please evaluate whether better entry and exit points can be found.
- 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:GSP (11/14/2025, 9:41:11 AM)
6.94
-0.04 (-0.57%)
GAS PLUS / GSP.MI FAQ
Can you provide the ChartMill technical rating for GAS PLUS?
ChartMill assigns a technical rating of 10 / 10 to GSP.MI.
What is the current trend direction of GAS PLUS (GSP.MI) stock?
The current trend direction for GAS PLUS (GSP.MI) is Bullish.
What is the RSI signal for GSP stock?
GAS PLUS (GSP.MI) has an RSI value of 58.6079. This indicates that the stock is currently neutral.
What is the buy/sell signal for GSP stock?
The buy/sell signal for GAS PLUS (GSP.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for GSP stock?
GAS PLUS (GSP.MI) has a support level at 6.94 and a resistance level at 7. Check the full technical report for our detailed analysis of GSP.MI support and resistance levels.