SAIPEM SPA (SPM.MI) Technical Analysis
BIT:SPM • IT0005495657
Current stock price
SPM.MI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SPM. Both in the recent history as in the last year, SPM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SPM did better than 96% of all other stocks. On top of that, SPM also shows a nice and consistent pattern of rising prices.
- SPM is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 91% of 35 stocks in the same industry.
- SPM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SPM has a been trading in the 3.82 - 4.79 range, which is quite wide. It is currently trading near the high of this range.
- SPM has an average volume of 37555700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SPM.MI Weekly and Daily overview Charts
SPM.MI Setup Rating and Analysis
Although SPM 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
SPM.MI Support and Resistance Analysis
2.19
We found 4 important support areas.
- Support @4.08 from a trend line in the daily time frame.
- Support @3.89 from a trend line in the daily time frame.
- Support @2.61 from a trend line in the weekly time frame.
- A support zone ranging from 2.21 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPM.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 SPM.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPM.MI is up. |
| ChartMill Relative Strength | 96.36 | POSITIVE | SPM.MI has a high relative strength, it outperformed 96.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPM.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPM.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPM.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.48 | OVERBOUGHT | The high RSI value suggests SPM.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SPM.MI has a positive trend. |
| Stochastics (14,3) | 80.59 | OVERBOUGHT | The high Stochastics value suggests SPM.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for SPM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.19 | POSITIVE | The high ADX value value for SPM.MI suggests a strong trend. |
SPM.MI Chart- and CandleStick Pattern Analysis
SPM.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:SPM (4/30/2026, 7:00:00 PM)
4.606
+0.07 (+1.61%)
SAIPEM SPA / SPM.MI TA FAQ
What is the technical rating for SPM stock?
ChartMill assigns a technical rating of 10 / 10 to SPM.MI.
Can you provide the trend direction for SAIPEM SPA?
The current trend direction for SAIPEM SPA (SPM.MI) is Bullish.
Can you provide the RSI signal for SAIPEM SPA?
SAIPEM SPA (SPM.MI) has an RSI value of 72.4804. This indicates that the stock is currently overbought.
Can you provide the MACD signal for SAIPEM SPA?
The MACD indicator for SAIPEM SPA (SPM.MI) has a value of 0.033257, indicating a bearish trend.
What is the buy/sell signal for SPM stock?
The buy/sell signal for SAIPEM SPA (SPM.MI) is buy as both the short term and long term trends are positive.