SOLVAY SA (SOLB.BR) Stock Technical Analysis
EBR:SOLB - Euronext Brussels - BE0003470755 - Common Stock - Currency: EUR
Overall SOLB gets a technical rating of 0 out of 10. SOLB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SOLB is a bad performer in the overall market: 88% of all stocks are doing better.
SOLB is one of the lesser performing stocks in the Chemicals industry. 66% of 69 stocks in the same industry do better.
SOLB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SOLB is lagging the market.
SOLB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
SOLB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.72, a Stop Loss order could be placed below this zone.
More info and screens
28.33
34.97
When analyzing the support we notice one important area.
- A support zone ranging from 28.62 to 29.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 29.24 to 29.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.24 to 30.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.56 from a trend line in the weekly time frame.
- Resistance @33.25 from a trend line in the daily time frame.
- Resistance @34.62 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 | DOWN | NEGATIVE | The long term trend for SOLB.BR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOLB.BR is neutral. |
| ChartMill Relative Strength | 12.96 | NEGATIVE | SOLB.BR has a low relative strength, it was outperformed by 87.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOLB.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOLB.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOLB.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.61 | NEUTRAL | The RSI value for SOLB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests SOLB.BR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.57 | NEUTRAL | The Stochastics value for SOLB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SOLB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for SOLB.BR suggests a weak or negative 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)
EBR:SOLB (6/19/2025, 5:29:51 PM)
29.04
+0.08 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.28%
1 Week-2.62%
2 Weeks-0.48%
1 Month-0.55%
3 Month-14.34%
6 Month-5.51%
12 Month-8.7%
2 Year8.88%
3 Year44.06%
5 Year56.31%
10 Year-9.74%
15 Year58.74%
Volatility
ATR(14)0.65
ATR(20)%2.27%
ATR Inc47.98%
Range Today0.44
ADR(20)0.63
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.96
Mansfield-1.38
10 Day High30.32
10 Day Low28.56
20 Day High30.32
20 Day Low28.06
52 Week High39.37
52 Week Low28.02
CS1 End28.72
CR1 Start29
Volume & EV
DER(3)-2.14%
DER(5)-1.43%
Volume76.58K
Volume Incr-6.2%
Vol(5)232.51K
Vol(50)240.82K