SOL SPA (SOL.MI) Stock Technical Analysis
BIT:SOL • IT0001206769
Overall SOL gets a technical rating of 7 out of 10. Although SOL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that SOL is one of the better performing stocks in the market, outperforming 71% 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 73% of 69 stocks in the same industry.
- SOL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SOL is lagging the market slightly.
- In the last month SOL has a been trading in the 44.85 - 51.80 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SOL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
38.61
We found 3 important support areas.
- A support zone ranging from 46.35 to 48.73. This zone is formed by a combination of multiple trend lines and important moving averages 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 @39.00 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.80 to 52.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for SOL.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOL.MI is up. |
| ChartMill Relative Strength | 71.62 | POSITIVE | SOL.MI has a high relative strength, it outperformed 71.62% 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) | 71.94 | OVERBOUGHT | The high RSI value suggests SOL.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests SOL.MI has a positive trend. |
| Stochastics (14,3) | 90.97 | OVERBOUGHT | The high Stochastics value suggests SOL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SOL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for SOL.MI suggests a possible start of a new trend. |
BIT:SOL (2/27/2026, 7:00:00 PM)
51.6
+0.9 (+1.78%)
SOL SPA / SOL.MI FAQ
What is the technical rating for SOL stock?
ChartMill assigns a technical rating of 7 / 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 Bearish.
What is the RSI signal for SOL stock?
SOL SPA (SOL.MI) has an RSI value of 71.9415. This indicates that the stock is currently overbought.
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 48.73 and a resistance level at 51.8. Check the full technical report for our detailed analysis of SOL.MI support and resistance levels.