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. 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.
Warning: SOL has an average volume of 28639 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 88% of all stocks.
SOL is part of the Chemicals industry. There are 67 other stocks in this industry. SOL outperforms 90% of them.
SOL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SOL has a been trading in the 46.05 - 49.20 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
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
33.41
49.15
We found 4 important support areas.
- A support zone ranging from 45.69 to 47.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.23 from a trend line in the weekly time frame.
- Support @35.89 from a trend line in the weekly time frame.
- Support @33.75 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.84 to 48.66. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 88.1 | POSITIVE | SOL.MI has a high relative strength, it outperformed 88.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SOL.MI is below 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) | 49.82 | NEUTRAL | The RSI value for SOL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SOL.MI has a negative trend. |
| Stochastics (14,3) | 35 | NEUTRAL | The Stochastics value for SOL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for SOL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.89 | NEUTRAL | The ADX value for SOL.MI suggests a possible start of a new 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 (7/23/2025, 7:00:00 PM)
47.45
-0.2 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.42%
1 Week0.85%
2 Weeks-2.16%
1 Month2.37%
3 Month27.04%
6 Month24.87%
12 Month34.8%
2 Year84.99%
3 Year161.87%
5 Year339.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%1.92%
ATR Inc52.61%
Range Today0.6
ADR(20)0.91
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.1
Mansfield1.24
10 Day High49.2
10 Day Low47
20 Day High49.2
20 Day Low46.05
52 Week High49.2
52 Week Low30.3
CS1 End47.44
CR1 Start47.84
Volume & EV
DER(3)4.46%
DER(5)2.11%
Volume14.42K
Volume Incr-42.18%
Vol(5)14.60K
Vol(50)28.64K