PIRELLI & C SPA (PIRC.MI) Stock Technical Analysis
BIT:PIRC - Euronext Milan - IT0005278236 - Common Stock - Currency: EUR
Overall PIRC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PIRC is only an average performer.
The long and short term trends are both positive. This is looking good!
PIRC is one of the better performing stocks in the Automobile Components industry, it outperforms 85% of 28 stocks in the same industry.
PIRC is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PIRC is leading the market.
In the last month PIRC has a been trading in the 5.28 - 6.26 range, which is quite wide. It is currently trading near the high of this range.
PIRC has an average volume of 2564760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PIRC outperforms 59% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PIRC also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.15. Right above this resistance zone may be a good entry point.
More info and screens
4.89
6.25
When analyzing the support we can see 3 important areas.
- Support @5.91 from a horizontal line in the daily time frame.
- A support zone ranging from 5.53 to 5.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.94 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.15 to 6.19. 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 PIRC.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PIRC.MI is up. |
| ChartMill Relative Strength | 59.09 | NEUTRAL | PIRC.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PIRC.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIRC.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIRC.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.3 | NEUTRAL | The RSI value for PIRC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PIRC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.81 | OVERBOUGHT | The high Stochastics value suggests PIRC.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PIRC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 39.28 | POSITIVE | The high ADX value value for PIRC.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 |
|---|---|---|---|
| 6.20 | 5.90 | 0.30 (4.84%) | 20.67% |
| An entry @6.20. This is a Buy Stop order right above the resistance zone. | An exit @5.90. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 4.84%. | When investing 20.67% 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:PIRC (5/23/2025, 7:00:00 PM)
6.138
-0.04 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.68%
1 Week3.72%
2 Weeks5.9%
1 Month17.72%
3 Month7.31%
6 Month18.68%
12 Month-0.52%
2 Year39.25%
3 Year33.38%
5 Year52.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.15%
ATR Inc5.84%
Range Today0.2
ADR(20)0.12
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.09
Mansfield0.88
10 Day High6.26
10 Day Low5.86
20 Day High6.26
20 Day Low5.28
52 Week High6.26
52 Week Low4.69
CS1 End5.91
CR1 Start6.15
Volume & EV
DER(3)-1%
DER(5)-0.34%
Volume6.06M
Volume Incr68.34%
Vol(5)3.53M
Vol(50)2.56M