SOL SPA (SOL.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:SOL - IT0001206769 - Common Stock
We assign a technical rating of 2 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.
SOL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 49.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.08, a Stop Loss order could be placed below this zone.
More info and screens
38.01
3 important support areas can be observed.
- A support zone ranging from 48.55 to 49.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @38.39 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 49.70 to 49.75. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for SOL.MI is neutral. |
| ChartMill Relative Strength | 61.88 | NEUTRAL | SOL.MI is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SOL.MI is above 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) | 52.68 | 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) | 75.67 | NEUTRAL | The Stochastics value for SOL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for SOL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 8.86 | NEGATIVE | The low ADX value for SOL.MI suggests a weak or negative trend. |
BIT:SOL (1/9/2026, 7:00:00 PM)
49.1
+0.45 (+0.92%)
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 52.6844. 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 49.08 and a resistance level at 49.7. Check the full technical report for our detailed analysis of SOL.MI support and resistance levels.