SOL SPA (SOL.MI) Stock Technical Analysis
Europe - BIT:SOL - IT0001206769 - Common Stock
52.6 EUR
+1.3 (+2.53%)
We assign a technical rating of 8 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.
Warning: SOL has an average volume of 28799 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 80% of all stocks.
SOL is one of the better performing stocks in the Chemicals industry, it outperforms 81% of 66 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 48.80 - 53.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SOL has an excellent technical rating, but the quality of the setup is only medium 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
37.06
54.55
We found 5 important support areas.
- Support @52.21 from a horizontal line in the weekly time frame.
- A support zone ranging from 49.15 to 50.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.04 to 47.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.15 from a trend line in the weekly time frame.
- Support @37.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @54.01 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 | 80.96 | POSITIVE | SOL.MI has a high relative strength, it outperformed 80.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SOL.MI is above a declining 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) | 54.17 | NEUTRAL | The RSI value for SOL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SOL.MI has a positive trend. |
| Stochastics (14,3) | 59.71 | NEUTRAL | The Stochastics value for SOL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for SOL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.7 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 52.22 | 48.79 | 3.43 (6.57%) | 15.22% |
| An entry @52.22. This is a Buy Stop order right above the resistance zone. | An exit @48.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.43 points, which is 6.57%. | When investing 15.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:SOL (10/21/2025, 5:35:30 PM)
52.6
+1.3 (+2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.53%
1 Week3.85%
2 Weeks1.38%
1 Month-2.66%
3 Month7.1%
6 Month37.35%
12 Month42.3%
2 Year88.6%
3 Year181.87%
5 Year360.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%2.93%
ATR Inc-27.27%
Range Today1.7
ADR(20)1.47
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.96
Mansfield0.84
10 Day High51.9
10 Day Low48.8
20 Day High53.6
20 Day Low48.8
52 Week High54.2
52 Week Low31.35
CS1 End50.79
CR1 Start52.21
Volume & EV
DER(3)-2.89%
DER(5)0.37%
Volume12.70K
Volume Incr-7.37%
Vol(5)28.20K
Vol(50)28.80K