SOL SPA (SOL.MI) Technical Analysis
BIT:SOL • IT0001206769
Current stock price
SOL.MI Technical Rating and Analysis
Taking everything into account, SOL scores 10 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.
- Looking at the yearly performance, SOL did better than 89% of all other stocks. On top of that, SOL also shows a nice and consistent pattern of rising prices.
- SOL is part of the Chemicals industry. There are 69 other stocks in this industry. SOL outperforms 83% of them.
- SOL is currently making a new 52 week high. This is a strong signal. 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 48.05 - 60.70 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, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SOL.MI Weekly and Daily overview Charts
SOL.MI Setup Rating and Analysis
Although SOL 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
SOL.MI Support and Resistance Analysis
39.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.54 to 50.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 46.35 to 47.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.43 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 60.29 to 60.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
SOL.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 SOL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOL.MI is up. |
| ChartMill Relative Strength | 89.88 | POSITIVE | SOL.MI has a high relative strength, it outperformed 89.88% 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) | 74.58 | OVERBOUGHT | The high RSI value suggests SOL.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.88 | POSITIVE | The MACD value suggests SOL.MI has a positive trend. |
| Stochastics (14,3) | 97.1 | OVERBOUGHT | The high Stochastics value suggests SOL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SOL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for SOL.MI suggests a possible start of a new trend. |
SOL.MI Chart- and CandleStick Pattern Analysis
SOL.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:SOL (4/7/2026, 5:35:15 PM)
58.7
-1.6 (-2.65%)
SOL SPA / SOL.MI TA FAQ
What is the technical rating for SOL stock?
ChartMill assigns a technical rating of 10 / 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 SPA (SOL.MI) stock?
SOL SPA (SOL.MI) has an RSI value of 74.5813. This indicates that the stock is currently overbought.
What is the MACD signal for SOL SPA (SOL.MI) stock?
The MACD indicator for SOL SPA (SOL.MI) has a value of 0.879116, indicating a bearish trend.
What is the buy/sell signal for SOL SPA (SOL.MI) stock?
The buy/sell signal for SOL SPA (SOL.MI) is buy as both the short term and long term trends are positive.