SIT SPA (SIT.MI) Technical Analysis
BIT:SIT • IT0005262149
Current stock price
SIT.MI Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SIT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SIT is showing a nice and steady performance.
- Warning: SIT has an average volume of 18055 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- SIT is part of the Electronic Equipment, Instruments & Components industry. There are 55 other stocks in this industry. SIT outperforms 75% of them.
- SIT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SIT is lagging the market slightly.
- Looking at the yearly performance, SIT did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month SIT has a been trading in the 2.46 - 2.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SIT.MI Weekly and Daily overview Charts
SIT.MI Setup Rating and Analysis
Besides having an excellent technical rating, SIT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.75, a Stop Loss order could be placed below this zone.
More info and screens
SIT.MI Support and Resistance Analysis
1.63
6 important support areas can be observed.
- A support zone ranging from 2.68 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.52 from a horizontal line in the daily time frame.
- Support @2.48 from a horizontal line in the weekly time frame.
- Support @2.44 from a horizontal line in the daily time frame.
- Support @1.76 from a trend line in the daily time frame.
- Support @1.65 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.87 to 2.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.94 from a horizontal line in the daily time frame.
SIT.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 SIT.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIT.MI is up. |
| ChartMill Relative Strength | 88.27 | POSITIVE | SIT.MI has a high relative strength, it outperformed 88.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIT.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIT.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.9 | NEUTRAL | The RSI value for SIT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SIT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.7 | NEUTRAL | The Stochastics value for SIT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SIT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.39 | NEGATIVE | The low ADX value for SIT.MI suggests a weak or negative trend. |
SIT.MI Chart- and CandleStick Pattern Analysis
SIT.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 |
|---|---|---|---|
| 2.89 | 2.67 | 0.22 (7.61%) | 13.14% |
| An entry @2.89. This is a Buy Stop order right above the resistance zone. | An exit @2.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 7.61%. | For a 1.00% total portfolio risk, you can invest 13.14% 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.
SIT.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:SIT (4/16/2026, 7:00:00 PM)
2.75
0 (0%)
SIT SPA / SIT.MI TA FAQ
Can you provide the ChartMill technical rating for SIT SPA?
ChartMill assigns a technical rating of 9 / 10 to SIT.MI.
What is the trend direction for SIT stock?
The current trend direction for SIT SPA (SIT.MI) is Bullish.
Can you provide the RSI signal for SIT SPA?
SIT SPA (SIT.MI) has an RSI value of 54.9014. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIT SPA?
The MACD indicator for SIT SPA (SIT.MI) has a value of -0.00112435, indicating a bearish trend.
What is the short term momentum for SIT stock?
The short term momentum for SIT SPA (SIT.MI) is positive.