SOMEC SPA (SOM.MI) Technical Analysis
BIT:SOM • IT0005329815
Current stock price
SOM.MI Technical Rating and Analysis
Overall SOM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SOM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: SOM has an average volume of 6350 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!
- When comparing the yearly performance of all stocks, we notice that SOM is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, SOM also shows a nice and consistent pattern of rising prices.
- SOM is one of the better performing stocks in the Building Products industry, it outperforms 100% of 20 stocks in the same industry.
- A new 52 week high is currently being made by SOM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SOM has a been trading in the 12.20 - 18.30 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SOM.MI Weekly and Daily overview Charts
SOM.MI Setup Rating and Analysis
Although SOM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SOM.MI Support and Resistance Analysis
12.52
2 important support areas can be observed.
- Support @13.22 from a trend line in the weekly time frame.
- Support @12.65 from a trend line in the daily time frame.
SOM.MI Technical Indicator Signal Analysis
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 | 88.56 | POSITIVE | SOM.MI has a high relative strength, it outperformed 88.56% off all stocks 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) | UP | POSITIVE | The current price of SOM.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.76 | OVERBOUGHT | The high RSI value suggests SOM.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests SOM.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.56 | OVERBOUGHT | The high Stochastics value suggests SOM.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for SOM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.18 | POSITIVE | The high ADX value value for SOM.MI suggests a strong trend. |
SOM.MI Chart- and CandleStick Pattern Analysis
SOM.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:SOM (4/28/2026, 7:00:00 PM)
18.1
-0.2 (-1.09%)
SOMEC SPA / SOM.MI TA FAQ
What is the ChartMill technical rating of SOMEC SPA (SOM.MI) stock?
ChartMill assigns a technical rating of 10 / 10 to SOM.MI.
What is the trend direction for SOM stock?
The current trend direction for SOMEC SPA (SOM.MI) is Bullish.
Can you provide the RSI signal for SOMEC SPA?
SOMEC SPA (SOM.MI) has an RSI value of 73.7584. This indicates that the stock is currently overbought.
What is the MACD signal for SOM stock?
The MACD indicator for SOMEC SPA (SOM.MI) has a value of 0.518217, indicating a bearish trend.
Can you provide the support and resistance levels for SOMEC SPA?
SOMEC SPA (SOM.MI) has a support level at 13.22. Check the full technical report for our detailed analysis of SOM.MI support and resistance levels.