SOL SPA (SOL.MI) Stock Technical Analysis
BIT:SOL - Euronext Milan - IT0001206769 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to SOL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SOL is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, SOL also shows a nice and consistent pattern of rising prices.
SOL is one of the better performing stocks in the Chemicals industry, it outperforms 90% of 66 stocks in the same industry.
A new 52 week high is currently being made by SOL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SOL is leading the market.
In the last month SOL has a been trading in the 39.80 - 46.30 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed 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.
More info and screens
33.61
46.11
4 important support areas can be observed.
- Support @41.84 from a horizontal line in the daily time frame.
- A support zone ranging from 36.04 to 36.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.53 from a trend line in the daily time frame.
- Support @33.95 from a horizontal 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 | 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 | 91.13 | POSITIVE | SOL.MI has a high relative strength, it outperformed 91.13% 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) | 83.23 | OVERBOUGHT | The high RSI value suggests SOL.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SOL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.94 | OVERBOUGHT | The high Stochastics value suggests SOL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for SOL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 39.95 | POSITIVE | The high ADX value value for SOL.MI suggests a strong 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:SOL (5/28/2025, 5:35:30 PM)
45.65
+0.1 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.22%
1 Week4.34%
2 Weeks6.16%
1 Month13.84%
3 Month24.22%
6 Month25.93%
12 Month38.23%
2 Year77.97%
3 Year142.3%
5 Year345.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%1.85%
ATR Inc14.02%
Range Today0.65
ADR(20)0.81
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.13
Mansfield2.11
10 Day High46.3
10 Day Low42.55
20 Day High46.3
20 Day Low39.8
52 Week High46.3
52 Week Low30.3
CS1 End41.84
CR1 StartN/A
Volume & EV
DER(3)-0.68%
DER(5)5.86%
Volume17.32K
Volume Incr-41.46%
Vol(5)19.18K
Vol(50)34.04K