SOMEC SPA (SOM.MI) Stock Technical Analysis
BIT:SOM - IT0005329815 - Common Stock
14 EUR
-0.1 (-0.71%)
We assign a technical rating of 8 out of 10 to SOM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SOM is only an average performer.
Warning: SOM has an average volume of 5860 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!
In the last month SOM has a been trading in the 12.80 - 14.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, SOM turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
SOM is an average performer in the Building Products industry, it outperforms 52% of 20 stocks in the same industry.
SOM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOM is lagging the market.
SOM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.98, a Stop Loss order could be placed below this zone.
More info and screens
12.06
31.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.86 to 13.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.99 to 12.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.18 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @14.02 from a trend line in the daily time frame.
- A resistance zone ranging from 14.61 to 14.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.30 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for SOM.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOM.MI is up. |
| ChartMill Relative Strength | 43.6 | NEUTRAL | SOM.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOM.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOM.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SOM.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.1 | NEUTRAL | The RSI value for SOM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SOM.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.3 | NEUTRAL | The Stochastics value for SOM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for SOM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.35 | POSITIVE | The high ADX value value for SOM.MI suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.03 | 13.85 | 0.18 (1.28%) | 25.00% |
| An entry @14.03. This is a Buy Stop order right above the resistance zone. | An exit @13.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 1.28%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SOM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:SOM (8/19/2025, 3:01:24 PM)
14
-0.1 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.71%
1 Week1.08%
2 Weeks-1.75%
1 Month4.87%
3 Month20.69%
6 Month34.62%
12 Month-12.5%
2 Year-54.84%
3 Year-55.13%
5 Year-11.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%3.01%
ATR Inc-34.19%
Range Today0.03
ADR(20)0.37
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.6
Mansfield-0.89
10 Day High14.5
10 Day Low13.6
20 Day High14.5
20 Day Low12.8
52 Week High18.5
52 Week Low9.46
CS1 End13.98
CR1 Start14.02
Volume & EV
DER(3)-1.18%
DER(5)-2.23%
Volume125
Volume Incr-51.1%
Vol(5)1.38K
Vol(50)5.86K