SERI INDUSTRIAL SPA (SERI.MI) Stock Technical Analysis
BIT:SERI - Euronext Milan - IT0005283640 - Common Stock - Currency: EUR
Taking everything into account, SERI scores 6 out of 10 in our technical rating. SERI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, SERI is a bad performer in the overall market: 87% of all stocks are doing better.
SERI is one of the lesser performing stocks in the Chemicals industry. 61% of 66 stocks in the same industry do better.
SERI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SERI is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SERI has a been trading in the 1.97 - 2.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SERI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.98
4.69
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.10 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.06 from a trend line in the daily time frame.
- A support zone ranging from 2.00 to 2.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.44 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.64 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SERI.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SERI.MI is up. |
| ChartMill Relative Strength | 13.67 | NEGATIVE | SERI.MI has a low relative strength, it was outperformed by 86.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SERI.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SERI.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SERI.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.03 | NEUTRAL | The RSI value for SERI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SERI.MI has a positive trend. |
| Stochastics (14,3) | 83.01 | OVERBOUGHT | The high Stochastics value suggests SERI.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for SERI.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.45 | POSITIVE | The high ADX value value for SERI.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)
BIT:SERI (6/6/2025, 7:00:00 PM)
2.425
+0.17 (+7.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg7.3%
1 Week21.49%
2 Weeks17.15%
1 Month12.01%
3 Month9.48%
6 Month-15.51%
12 Month-47.05%
2 Year-42.26%
3 Year-64.7%
5 Year-21.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.05%
ATR Inc91.14%
Range Today0.24
ADR(20)0.09
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.67
Mansfield-1.94
10 Day High2.5
10 Day Low1.98
20 Day High2.5
20 Day Low1.97
52 Week High4.64
52 Week Low1.46
CS1 End2.13
CR1 Start2.44
Volume & EV
DER(3)8.84%
DER(5)5.41%
Volume754.42K
Volume Incr152.54%
Vol(5)363.87K
Vol(50)231.83K