GAS PLUS (GSP.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:GSP - IT0004098510 - Common Stock
We assign a technical rating of 7 out of 10 to GSP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that GSP is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, GSP also shows a nice and consistent pattern of rising prices.
- GSP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 95% of 75 stocks in the same industry.
- GSP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GSP is lagging the market slightly.
- In the last month GSP has a been trading in the 6.42 - 7.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GSP has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.65
3 important support areas can be observed.
- A support zone ranging from 6.51 to 6.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.30 from a trend line in the weekly time frame.
- Support @5.71 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.08 to 7.19. 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 GSP.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSP.MI is neutral. |
| ChartMill Relative Strength | 95.41 | POSITIVE | GSP.MI has a high relative strength, it outperformed 95.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GSP.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GSP.MI is above a declining 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) | 50.13 | NEUTRAL | The RSI value for GSP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GSP.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.46 | OVERBOUGHT | The high Stochastics value suggests GSP.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for GSP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.6 | NEGATIVE | The low ADX value for GSP.MI suggests a weak or negative trend. |
BIT:GSP (1/20/2026, 5:29:12 PM)
6.96
+0.16 (+2.35%)
GAS PLUS / GSP.MI FAQ
Can you provide the ChartMill technical rating for GAS PLUS?
ChartMill assigns a technical rating of 7 / 10 to GSP.MI.
What is the trend direction for GSP 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 50.133. This indicates that the stock is currently neutral.
What is the short term momentum for GAS PLUS (GSP.MI) stock?
The short term momentum for GAS PLUS (GSP.MI) is neutral.