IL SOLE 24 ORE (S24.MI) Technical Analysis
BIT:S24 • IT0005283111
Current stock price
S24.MI Technical Rating and Analysis
Overall S24 gets a technical rating of 7 out of 10. Both in the recent history as in the last year, S24 has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- S24 is part of the Media industry. There are 60 other stocks in this industry. S24 outperforms 91% of them.
- S24 is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so S24 is leading the market.
- In the last month S24 has a been trading in the 1.06 - 1.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the yearly performance of all stocks, we notice that S24 is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- Considerably lower volume is observed in the last couple of days.
S24.MI Weekly and Daily overview Charts
S24.MI Setup Rating and Analysis
Besides having an excellent technical rating, S24 also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.07, a Stop Loss order could be placed below this zone.
More info and screens
S24.MI Support and Resistance Analysis
0.53
5 important support areas can be observed.
- A support zone ranging from 1.06 to 1.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.66 from a trend line in the weekly time frame.
- Support @0.61 from a horizontal line in the daily time frame.
- Support @0.54 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
S24.MI Technical Indicator Signal Analysis
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 S24.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for S24.MI is up. |
| ChartMill Relative Strength | 88.65 | POSITIVE | S24.MI has a high relative strength, it outperformed 88.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of S24.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of S24.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of S24.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.34 | NEUTRAL | The RSI value for S24.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests S24.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.54 | NEUTRAL | The Stochastics value for S24.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for S24.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 36.23 | POSITIVE | The high ADX value value for S24.MI suggests a strong trend. |
S24.MI Chart- and CandleStick Pattern Analysis
S24.MI Example Setup
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 |
|---|---|---|---|
| 1.12 | 1.07 | 0.06 (4.91%) | 20.36% |
| An entry @1.12. This is a Buy Stop order right above the resistance zone. | An exit @1.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 4.91%. | When investing 20.36% 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.
S24.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:S24 (8/4/2025, 7:00:00 PM)
1.095
0 (0%)
IL SOLE 24 ORE / S24.MI TA FAQ
What is the ChartMill technical rating of IL SOLE 24 ORE (S24.MI) stock?
ChartMill assigns a technical rating of 7 / 10 to S24.MI.
What is the current trend direction of IL SOLE 24 ORE (S24.MI) stock?
The current trend direction for IL SOLE 24 ORE (S24.MI) is Bullish.
Can you provide the RSI signal for IL SOLE 24 ORE?
IL SOLE 24 ORE (S24.MI) has an RSI value of 53.335. This indicates that the stock is currently neutral.
What is the MACD signal for IL SOLE 24 ORE (S24.MI) stock?
The MACD indicator for IL SOLE 24 ORE (S24.MI) has a value of -0.00091732, indicating a bearish trend.
What is the short term momentum for IL SOLE 24 ORE (S24.MI) stock?
The short term momentum for IL SOLE 24 ORE (S24.MI) is positive.