SOL SPA (SOL.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:SOL - IT0001206769 - Common Stock
We assign a technical rating of 1 out of 10 to SOL. SOL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month SOL has a been trading in the 47.05 - 51.40 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, SOL turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- SOL is part of the Chemicals industry. There are 71 other stocks in this industry, SOL did better than 67% of them.
Although the technical rating is bad, SOL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.05, a Stop Loss order could be placed below this zone.
More info and screens
38.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 46.94 to 47.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.57 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 48.83 to 49.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.57 from a trend line in the daily time frame.
- 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.
- 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 | NEUTRAL | NEUTRAL | The long term trend for SOL.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOL.MI is down. |
| ChartMill Relative Strength | 53.32 | NEUTRAL | SOL.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOL.MI is below 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) | 43.36 | 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) | 17.24 | OVERSOLD | The low Stochastics value suggests SOL.MI may be oversold. |
| 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) | 12.1 | NEGATIVE | The low ADX value for SOL.MI suggests a weak or negative trend. |
BIT:SOL (1/23/2026, 7:00:00 PM)
47.8
-0.5 (-1.04%)
SOL SPA / SOL.MI FAQ
What is the technical rating for SOL stock?
ChartMill assigns a technical rating of 1 / 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 43.3626. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOL SPA?
The short term momentum for SOL SPA (SOL.MI) is negative.
What is the support and resistance level for SOL stock?
SOL SPA (SOL.MI) has a support level at 47.05 and a resistance level at 48.83. Check the full technical report for our detailed analysis of SOL.MI support and resistance levels.