IL SOLE 24 ORE (S24.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:S24 - IT0005283111 - Common Stock
Taking everything into account, S24 scores 7 out of 10 in our technical rating. 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.
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
0.53
When analyzing the support we can see 5 important areas.
- 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.
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 | 88.65 | 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. |
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%. | For a 1.00% total portfolio risk, you can invest 20.36% of your capital in this trade. |
- 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 (8/4/2025, 7:00:00 PM)
1.095
0 (0%)
IL SOLE 24 ORE / S24.MI 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.
What is the RSI signal for S24 stock?
IL SOLE 24 ORE (S24.MI) has an RSI value of 53.335. This indicates that the stock is currently neutral.
What is the short term momentum for S24 stock?
The short term momentum for IL SOLE 24 ORE (S24.MI) is positive.
What is the support and resistance level for S24 stock?
IL SOLE 24 ORE (S24.MI) has a support level at 1.07 and a resistance level at 1.1. Check the full technical report for our detailed analysis of S24.MI support and resistance levels.