SOL SPA (SOL.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:SOL - IT0001206769 - Common Stock
Overall SOL gets a technical rating of 2 out of 10. 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.
Although the technical rating is bad, SOL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 49.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.88, a Stop Loss order could be placed below this zone.
More info and screens
37.92
We found 2 important support 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 @38.30 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 48.34 to 50.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- A resistance zone ranging from 54.00 to 54.01. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for SOL.MI is neutral. |
| ChartMill Relative Strength | 67.17 | 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) | 43.08 | NEUTRAL | The RSI value for SOL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SOL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.49 | NEUTRAL | The Stochastics value for SOL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for SOL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.72 | NEGATIVE | The low ADX value for SOL.MI suggests a weak or negative trend. |
BIT:SOL (1/2/2026, 5:35:15 PM)
48.05
-0.9 (-1.84%)
SOL SPA / SOL.MI FAQ
What is the technical rating for SOL stock?
ChartMill assigns a technical rating of 2 / 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 43.0817. 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 neutral.
What is the support and resistance level for SOL stock?
SOL SPA (SOL.MI) has a support level at 48.88 and a resistance level at 49.09. Check the full technical report for our detailed analysis of SOL.MI support and resistance levels.