SECO SPA (IOT.MI) Stock Technical Analysis
BIT:IOT - Euronext Milan - IT0005438046 - Common Stock - Currency: EUR
Overall IOT gets a technical rating of 6 out of 10. IOT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month IOT has a been trading in the 2.36 - 2.60 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
IOT 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 IOT is lagging the market slightly.
When compared to the yearly performance of all other stocks, IOT outperforms 65% of them, which is more or less in line with the market.
IOT is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 70% of 31 stocks in the same industry.
Although the technical rating is only medium, IOT does present a nice setup opportunity. Prices have been consolidating lately. 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
1.87
2.56
3 important support areas can be observed.
- Support @2.25 from a horizontal line in the weekly time frame.
- Support @2.18 from a horizontal line in the daily time frame.
- A support zone ranging from 1.89 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.41 to 2.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.51 to 2.53. 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 IOT.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOT.MI is neutral. |
| ChartMill Relative Strength | 65.62 | NEUTRAL | IOT.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IOT.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IOT.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IOT.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.35 | NEUTRAL | The RSI value for IOT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IOT.MI has a negative trend. |
| Stochastics (14,3) | 12.96 | OVERSOLD | The low Stochastics value suggests IOT.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for IOT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.75 | POSITIVE | The high ADX value value for IOT.MI suggests a strong 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 |
|---|---|---|---|
| 2.45 | 2.35 | 0.10 (4.08%) | 24.50% |
| An entry @2.45. This is a Buy Stop order right above the resistance zone. | An exit @2.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 4.08%. | When investing 24.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IOT. 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:IOT (8/4/2025, 4:12:14 PM)
2.39
+0.02 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.63%
1 Week1.27%
2 Weeks-2.45%
1 Month2.14%
3 Month19.2%
6 Month38.95%
12 Month5.75%
2 Year-46.4%
3 Year-54.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.69%
ATR Inc-1.1%
Range Today0.06
ADR(20)0.08
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.62
Mansfield1.05
10 Day High2.52
10 Day Low2.36
20 Day High2.6
20 Day Low2.36
52 Week High2.75
52 Week Low1.46
CS1 End2.25
CR1 Start2.41
Volume & EV
DER(3)-18.02%
DER(5)-10.9%
Volume10.82K
Volume Incr-1.38%
Vol(5)61.37K
Vol(50)66.59K