SERI INDUSTRIAL SPA (SERI.MI) Stock Technical Analysis
BIT:SERI - Euronext Milan - IT0005283640 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to SERI. SERI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SERI is a bad performer in the overall market: 94% of all stocks are doing better.
SERI is one of the lesser performing stocks in the Chemicals industry. 76% of 68 stocks in the same industry do better.
SERI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SERI has a been trading in the 2.04 - 2.27 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SERI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.06, a Stop Loss order could be placed below this zone.
More info and screens
2.04
2.35
We found 1 important support area.
- A support zone ranging from 2.06 to 2.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @2.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.14 to 2.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.22 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.33 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for SERI.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SERI.MI is down. |
| ChartMill Relative Strength | 6.83 | NEGATIVE | SERI.MI has a low relative strength, it was outperformed by 93.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SERI.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SERI.MI is below 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) | 39.34 | NEUTRAL | The RSI value for SERI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SERI.MI has a negative trend. |
| Stochastics (14,3) | 15.02 | OVERSOLD | The low Stochastics value suggests SERI.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for SERI.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for SERI.MI suggests a weak or negative 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 (8/5/2025, 12:01:25 PM)
2.08
+0.01 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.48%
1 Week-5.26%
2 Weeks-5.91%
1 Month-4.17%
3 Month-4.39%
6 Month-11.73%
12 Month-46.58%
2 Year-53.48%
3 Year-69.2%
5 Year-41.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.2%
ATR Inc-7.71%
Range Today0
ADR(20)0.06
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.83
Mansfield-2.5
10 Day High2.26
10 Day Low2.04
20 Day High2.28
20 Day Low2.04
52 Week High4.06
52 Week Low1.46
CS1 End2.06
CR1 Start2.08
Volume & EV
DER(3)0.47%
DER(5)0.39%
Volume143
Volume Incr-21.98%
Vol(5)70.28K
Vol(50)131.84K