Europe - Euronext Milan - BIT:SOM - IT0005329815 - Common Stock
We assign a technical rating of 4 out of 10 to SOM. In the last year, SOM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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. There is a support zone below the current price at 14.58, 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.
13.45
We found 2 important support areas.
When analyzing the resistance we notice 2 important 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 | NEUTRAL | NEUTRAL | The long term trend for SOM.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOM.MI is neutral. |
| ChartMill Relative Strength | 19.24 | NEGATIVE | SOM.MI has a low relative strength, it was outperformed by 80.76% 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) | DOWN | MIXED | The current price of SOM.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.75 | 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. |
| Stochastics (14,3) | 61.94 | NEUTRAL | The Stochastics value for SOM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SOM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.83 | NEGATIVE | The low ADX value for SOM.MI suggests a weak or negative trend. |
BIT:SOM (12/15/2025, 5:08:57 PM)
14.9
+0.55 (+3.83%)
ChartMill assigns a technical rating of 4 / 10 to SOM.MI.
The current trend direction for SOMEC SPA (SOM.MI) is Bearish.
SOMEC SPA (SOM.MI) has an RSI value of 55.7548. This indicates that the stock is currently neutral.
The MACD indicator for SOMEC SPA (SOM.MI) has a value of 0.0415019, indicating a bearish trend.
The short term momentum for SOMEC SPA (SOM.MI) is neutral.