SOL SPA (SOL.MI) Technical Analysis
BIT:SOL • IT0001206769
Taking everything into account, SOL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SOL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SOL is one of the better performing stocks in the market, outperforming 78% of all stocks.
- SOL is part of the Chemicals industry. There are 66 other stocks in this industry. SOL outperforms 73% of them.
- SOL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SOL is leading the market.
- In the last month SOL has a been trading in the 45.65 - 53.40 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.
Although SOL has an excellent technical rating, it does not offer a high quality setup 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.
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38.70
When analyzing the support we can see 4 important areas.
- A support zone ranging from 48.42 to 49.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.35 to 47.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.39 to 45.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.09 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @52.61 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 | UP | POSITIVE | The long term trend for SOL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOL.MI is up. |
| ChartMill Relative Strength | 78.66 | POSITIVE | SOL.MI has a high relative strength, it outperformed 78.66% 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) | UP | POSITIVE | The current price of SOL.MI is above the rising 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) | 69.27 | NEUTRAL | The RSI value for SOL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests SOL.MI has a positive trend. |
| Stochastics (14,3) | 93.2 | OVERBOUGHT | The high Stochastics value suggests SOL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for SOL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.95 | POSITIVE | The high ADX value value for SOL.MI suggests a strong trend. |
SOL.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:SOL (3/6/2026, 7:00:00 PM)
52.6
+0.2 (+0.38%)
SOL SPA / SOL.MI FAQ
What is the technical rating for SOL stock?
ChartMill assigns a technical rating of 9 / 10 to SOL.MI.
What is the current trend direction of SOL SPA (SOL.MI) stock?
The current trend direction for SOL SPA (SOL.MI) is Bullish.
What is the RSI signal for SOL stock?
SOL SPA (SOL.MI) has an RSI value of 69.2715. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOL SPA?
The short term momentum for SOL SPA (SOL.MI) is positive.
What is the support and resistance level for SOL stock?
SOL SPA (SOL.MI) has a support level at 49.13 and a resistance level at 52.61. Check the full technical report for our detailed analysis of SOL.MI support and resistance levels.