Europe - Euronext Milan - BIT:SOM - IT0005329815 - Common Stock
We assign a technical rating of 5 out of 10 to SOM. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SOM is a bad performer.
Although the technical rating is only medium, SOM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
13.45
When analyzing the support we can see 2 important areas.
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for SOM.MI is neutral. |
| ChartMill Relative Strength | 13.62 | NEGATIVE | SOM.MI has a low relative strength, it was outperformed by 86.38% 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 | 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) | 51.03 | NEUTRAL | The RSI value for SOM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SOM.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.92 | NEUTRAL | The Stochastics value for SOM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SOM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.35 | NEGATIVE | The low ADX value for SOM.MI suggests a weak or negative trend. |
BIT:SOM (1/2/2026, 7:00:00 PM)
14.6
+0.1 (+0.69%)
ChartMill assigns a technical rating of 5 / 10 to SOM.MI.
The current trend direction for SOMEC SPA (SOM.MI) is Bullish.
SOMEC SPA (SOM.MI) has an RSI value of 51.0329. This indicates that the stock is currently neutral.
The MACD indicator for SOMEC SPA (SOM.MI) has a value of 0.0440011, indicating a bearish trend.
The short term momentum for SOMEC SPA (SOM.MI) is neutral.