SIT SPA (SIT.MI) Stock Technical Analysis
Europe - BIT:SIT - IT0005262149 - Common Stock
We assign a technical rating of 9 out of 10 to SIT. Both in the recent history as in the last year, SIT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SIT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.42
We found 4 important support areas.
- A support zone ranging from 2.65 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.29 from a trend line in the daily time frame.
- Support @2.15 from a trend line in the daily time frame.
- Support @1.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.71 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.87 to 2.89. This zone is formed by a combination of multiple trend lines 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 | 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 | 97.4 | POSITIVE | SIT.MI has a high relative strength, it outperformed 97.4% 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) | DOWN | MIXED | The current price of SIT.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.69 | NEUTRAL | The RSI value for SIT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SIT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.26 | OVERBOUGHT | The high Stochastics value suggests SIT.MI may be overbought. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for SIT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 48.33 | POSITIVE | The high ADX value value for SIT.MI suggests a strong trend. |
BIT:SIT (11/10/2025, 3:52:36 PM)
2.7
0 (0%)
SIT SPA / SIT.MI FAQ
Can you provide the ChartMill technical rating for SIT SPA?
ChartMill assigns a technical rating of 9 / 10 to SIT.MI.
Can you provide the trend direction for SIT SPA?
The current trend direction for SIT SPA (SIT.MI) is Bullish.
What is the RSI signal for SIT SPA (SIT.MI) stock?
SIT SPA (SIT.MI) has an RSI value of 69.6874. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SIT SPA?
The short term momentum for SIT SPA (SIT.MI) is positive.
What is the buy/sell signal for SIT SPA (SIT.MI) stock?
The buy/sell signal for SIT SPA (SIT.MI) is buy as both the short term and long term trends are positive.