SOMEC SPA (SOM.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:SOM - IT0005329815 - Common Stock
Taking everything into account, SOM scores 2 out of 10 in our technical rating. In the last year, SOM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
SOM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SOM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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13.45
We found 2 important support areas.
- A support zone ranging from 14.23 to 14.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.59 to 13.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.43 to 14.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.87 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.46 to 15.71. 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 | NEUTRAL | NEUTRAL | The long term trend for SOM.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOM.MI is down. |
| ChartMill Relative Strength | 14.79 | NEGATIVE | SOM.MI has a low relative strength, it was outperformed by 85.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOM.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOM.MI is below 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) | 49.19 | NEUTRAL | The RSI value for SOM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SOM.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.24 | NEUTRAL | The Stochastics value for SOM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SOM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.13 | NEGATIVE | The low ADX value for SOM.MI suggests a weak or negative trend. |
BIT:SOM (12/11/2025, 1:34:57 PM)
14.35
+0.07 (+0.53%)
SOMEC SPA / SOM.MI FAQ
What is the ChartMill technical rating of SOMEC SPA (SOM.MI) stock?
ChartMill assigns a technical rating of 2 / 10 to SOM.MI.
What is the current trend direction of SOMEC SPA (SOM.MI) stock?
The current trend direction for SOMEC SPA (SOM.MI) is Bearish.
What is the RSI signal for SOMEC SPA (SOM.MI) stock?
SOMEC SPA (SOM.MI) has an RSI value of 49.1869. This indicates that the stock is currently neutral.
What is the MACD signal for SOM stock?
The MACD indicator for SOMEC SPA (SOM.MI) has a value of -0.00352474, indicating a bearish trend.
What is the short term momentum for SOM stock?
The short term momentum for SOMEC SPA (SOM.MI) is negative.