Europe - EBR:SPA - BE0003798155 - Common Stock
Overall SPA 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, SPA is only an average performer.
SPA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 225.59, a Stop Loss order could be placed below this zone.
171.27
5 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 SPA.BR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPA.BR is neutral. |
| ChartMill Relative Strength | 69.26 | NEUTRAL | SPA.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPA.BR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPA.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPA.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.92 | NEUTRAL | The RSI value for SPA.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.11 | NEGATIVE | The MACD value suggests SPA.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.33 | OVERSOLD | The low Stochastics value suggests SPA.BR may be oversold. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for SPA.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.34 | POSITIVE | The high ADX value value for SPA.BR suggests a strong 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 |
|---|---|---|---|
| 235.81 | 223.99 | 11.82 (5.01%) | 19.95% |
| An entry @235.81. This is a Buy Stop order right above the 10 day moving average. | An exit @223.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 11.82 points, which is 5.01%. | When investing 19.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
EBR:SPA (10/31/2025, 7:00:00 PM)
230
0 (0%)
ChartMill assigns a technical rating of 7 / 10 to SPA.BR.
The current trend direction for SPADEL SA (SPA.BR) is Bullish.
SPADEL SA (SPA.BR) has an RSI value of 49.9207. This indicates that the stock is currently neutral.
The MACD indicator for SPADEL SA (SPA.BR) has a value of -2.10722, indicating a bearish trend.