SOMEC SPA (SOM.MI) Stock Technical Analysis
Europe - BIT:SOM - IT0005329815 - Common Stock
Overall SOM gets a technical rating of 7 out of 10. 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.
SOM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SOM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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12.86
3 important support areas can be observed.
- A support zone ranging from 14.43 to 14.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.09 from a horizontal line in the weekly time frame.
- Support @12.99 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.71 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 | 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 | 41.66 | NEUTRAL | SOM.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SOM.MI is above a declining 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) | 52.59 | NEUTRAL | The RSI value for SOM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SOM.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.57 | NEUTRAL | The Stochastics value for SOM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for SOM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.85 | NEGATIVE | The low ADX value for SOM.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 15.72 | 14.42 | 1.30 (8.27%) | 12.09% |
| An entry @15.72. This is a Buy Stop order right above the resistance zone. | An exit @14.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.30 points, which is 8.27%. | When investing 12.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (11/17/2025, 7:00:00 PM)
15
-0.7 (-4.46%)
SOMEC SPA / SOM.MI FAQ
What is the ChartMill technical rating of SOMEC SPA (SOM.MI) stock?
ChartMill assigns a technical rating of 7 / 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 Bullish.
What is the RSI signal for SOMEC SPA (SOM.MI) stock?
SOMEC SPA (SOM.MI) has an RSI value of 52.5898. 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 0.0217284, indicating a bearish trend.
What is the short term momentum for SOM stock?
The short term momentum for SOMEC SPA (SOM.MI) is positive.