Europe - Euronext Milan - BIT:SOL - IT0001206769 - Common Stock
We assign a technical rating of 5 out of 10 to SOL. In the last year, SOL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
SOL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 48.21, a Stop Loss order could be placed below this zone.
39.64
We found 3 important support areas.
When analyzing the resistance we notice 4 important areas.
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 SOL.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOL.MI is neutral. |
| ChartMill Relative Strength | 74.93 | POSITIVE | SOL.MI has a high relative strength, it outperformed 74.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOL.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.95 | NEUTRAL | The RSI value for SOL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SOL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.39 | NEUTRAL | The Stochastics value for SOL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for SOL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for SOL.MI suggests a weak or negative trend. |
BIT:SOL (12/5/2025, 5:35:30 PM)
49.2
-0.3 (-0.61%)
ChartMill assigns a technical rating of 5 / 10 to SOL.MI.
The current trend direction for SOL SPA (SOL.MI) is Bullish.
SOL SPA (SOL.MI) has an RSI value of 47.9453. This indicates that the stock is currently neutral.
The MACD indicator for SOL SPA (SOL.MI) has a value of 0.120626, indicating a bearish trend.