SOMEC SPA (SOM.MI) Stock Technical Analysis
Europe - BIT:SOM - IT0005329815 - Common Stock
15.5 EUR
+0.2 (+1.31%)
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 5319 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!
SOM is part of the Building Products industry. There are 23 other stocks in this industry. SOM outperforms 86% of them.
SOM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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 57% of all stocks.
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.
Besides having an excellent technical rating, SOM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 15.51. Right above this resistance zone may be a good entry point.
More info and screens
13.55
15.82
2 important support areas can be observed.
- A support zone ranging from 14.69 to 14.70. 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 13.69 to 13.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.51 to 15.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 57.54 | 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) | 65.65 | NEUTRAL | The RSI value for SOM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SOM.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.45 | OVERBOUGHT | The high Stochastics value suggests SOM.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for SOM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.74 | 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 |
|---|---|---|---|
| 15.67 | 14.68 | 0.99 (6.32%) | 15.83% |
| An entry @15.67. This is a Buy Stop order right above the resistance zone. | An exit @14.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.99 points, which is 6.32%. | For a 1.00% total portfolio risk, you can invest 15.83% of your capital in this trade. |
- 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 (10/7/2025, 7:00:00 PM)
15.5
+0.2 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.31%
1 Week-0.96%
2 Weeks4.38%
1 Month11.91%
3 Month9.35%
6 Month33.62%
12 Month9.54%
2 Year-47.28%
3 Year-28.57%
5 Year20.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%3%
ATR Inc-18.84%
Range Today0.6
ADR(20)0.44
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.54
Mansfield-0.13
10 Day High15.8
10 Day Low14.25
20 Day High15.8
20 Day Low13.6
52 Week High18.5
52 Week Low9.46
CS1 End14.7
CR1 Start15.51
Volume & EV
DER(3)0%
DER(5)0%
Volume2.47K
Volume Incr-7.37%
Vol(5)3.17K
Vol(50)5.32K