Europe - Euronext Milan - BIT:SOL - IT0001206769 - Common Stock
Taking everything into account, SOL scores 5 out of 10 in our technical rating. SOL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
SOL has an average technical rating and the quality of the presented setup is also not ideal 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.
38.10
We found 3 important support areas.
When analyzing the resistance we notice 2 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 | UP | POSITIVE | The short term trend for SOL.MI is up. |
| ChartMill Relative Strength | 62.98 | NEUTRAL | SOL.MI is not amongst the best or worst performers 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 | MIXED | The current price of SOL.MI is above 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) | 60.2 | NEUTRAL | The RSI value for SOL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests SOL.MI has a positive trend. |
| Stochastics (14,3) | 84.4 | OVERBOUGHT | The high Stochastics value suggests SOL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for SOL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.45 | NEGATIVE | The low ADX value for SOL.MI suggests a weak or negative trend. |
BIT:SOL (1/13/2026, 7:00:00 PM)
50.1
+0.4 (+0.8%)
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 60.1955. This indicates that the stock is currently neutral.
The short term momentum for SOL SPA (SOL.MI) is positive.
SOL SPA (SOL.MI) has a support level at 49.64 and a resistance level at 51.8. Check the full technical report for our detailed analysis of SOL.MI support and resistance levels.