IL SOLE 24 ORE (S24.MI) Stock Technical Analysis
BIT:S24 - Euronext Milan - IT0005283111 - Common Stock - Currency: EUR
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.
The long and short term trends are both positive. This is looking good!
S24 is part of the Media industry. There are 63 other stocks in this industry. S24 outperforms 80% 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.
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.
More info and screens
0.53
1.12
5 important support areas can be observed.
- A support zone ranging from 1.06 to 1.06. 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 @0.65 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.
When analyzing the resistance we notice one important 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.
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 | 88.58 | POSITIVE | S24.MI has a high relative strength, it outperformed 88.58% 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) | 32.42 | 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) | 35.96 | POSITIVE | The high ADX value value for S24.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 |
|---|---|---|---|
| 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 trade has a worst case loss of 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.
BIT:S24 (8/1/2025, 7:00:00 PM)
1.095
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month-0.45%
3 Month1.39%
6 Month80.69%
12 Month63.43%
2 Year79.51%
3 Year126.24%
5 Year146.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.26%
ATR Inc-68.89%
Range Today0.01
ADR(20)0.01
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.58
Mansfield2.16
10 Day High1.11
10 Day Low1.08
20 Day High1.15
20 Day Low1.07
52 Week High1.15
52 Week Low0.6
CS1 End1.06
CR1 Start1.1
Volume & EV
DER(3)0%
DER(5)0%
Volume20.10K
Volume Incr-84.41%
Vol(5)13.21K
Vol(50)61.31K