PRYSMIAN SPA (PRY.MI) Stock Technical Analysis
Europe - BIT:PRY - IT0004176001 - Common Stock
We assign a technical rating of 10 out of 10 to PRY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PRY is showing a nice and steady performance.
Besides having an excellent technical rating, PRY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 89.01, a Stop Loss order could be placed below this zone.
More info and screens
85.26
We found 1 important support area.
- Support @86.12 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 88.96 to 91.70. 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 PRY.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRY.MI is up. |
| ChartMill Relative Strength | 84.84 | POSITIVE | PRY.MI has a high relative strength, it outperformed 84.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PRY.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRY.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRY.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.24 | NEUTRAL | The RSI value for PRY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests PRY.MI has a negative trend. |
| Stochastics (14,3) | 53.01 | NEUTRAL | The Stochastics value for PRY.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for PRY.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.2 | POSITIVE | The high ADX value value for PRY.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 |
|---|---|---|---|
| 89.40 | 88.95 | 0.45 (0.50%) | 25.00% |
| An entry @89.40. This is a Buy Stop order right above the 10 day moving average. | An exit @88.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.45 points, which is 0.50%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PRY. 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:PRY (11/4/2025, 3:44:17 PM)
87.18
-1.84 (-2.07%)
PRYSMIAN SPA / PRY.MI FAQ
Can you provide the ChartMill technical rating for PRYSMIAN SPA?
ChartMill assigns a technical rating of 10 / 10 to PRY.MI.
Can you provide the trend direction for PRYSMIAN SPA?
The current trend direction for PRYSMIAN SPA (PRY.MI) is Bullish.
What is the RSI signal for PRYSMIAN SPA (PRY.MI) stock?
PRYSMIAN SPA (PRY.MI) has an RSI value of 54.2389. This indicates that the stock is currently neutral.
What is the MACD signal for PRY stock?
The MACD indicator for PRYSMIAN SPA (PRY.MI) has a value of -0.373472, indicating a bearish trend.
What is the support and resistance level for PRY stock?
PRYSMIAN SPA (PRY.MI) has a support level at 89.01 and a resistance level at 89.11. Check the full technical report for our detailed analysis of PRY.MI support and resistance levels.