SAIPEM SPA (SPM.MI) Technical Analysis
BIT:SPM • IT0005495657
Current stock price
SPM.MI Technical Rating and Analysis
Taking everything into account, SPM scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SPM is one of the better performing stocks in the market, outperforming 93% of all stocks.
- SPM is part of the Energy Equipment & Services industry. There are 37 other stocks in this industry. SPM outperforms 83% of them.
- SPM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPM is performing more or less in line with the market.
- In the last month SPM has a been trading in the 3.11 - 3.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- SPM has an average volume of 38874300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPM.MI Weekly and Daily overview Charts
SPM.MI Setup Rating and Analysis
SPM 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. There is a support zone below the current price at 3.41, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
SPM.MI Support and Resistance Analysis
2.19
We found 5 important support areas.
- A support zone ranging from 3.38 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.19 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.51 from a trend line in the weekly time frame.
- Support @2.34 from a horizontal line in the daily 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.
We found 1 important resistance area.
- A resistance zone ranging from 3.58 to 3.58. 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 | 93.8 | POSITIVE | SPM.MI has a high relative strength, it outperformed 93.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPM.MI is above a declining 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) | 57.61 | NEUTRAL | The RSI value for SPM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SPM.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.88 | NEUTRAL | The Stochastics value for SPM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for SPM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.15 | POSITIVE | The high ADX value value for SPM.MI suggests a strong trend. |
SPM.MI Chart- and CandleStick Pattern Analysis
SPM.MI Example Setup
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 |
|---|---|---|---|
| 3.59 | 3.37 | 0.22 (6.13%) | 16.32% |
| An entry @3.59. This is a Buy Stop order right above the resistance zone. | An exit @3.37. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 6.13%. | When investing 16.32% 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.
SPM.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:SPM (3/20/2026, 7:00:00 PM)
3.42
+0.01 (+0.26%)
SAIPEM SPA / SPM.MI TA FAQ
What is the technical rating for SPM stock?
ChartMill assigns a technical rating of 9 / 10 to SPM.MI.
Can you provide the trend direction for SAIPEM SPA?
The current trend direction for SAIPEM SPA (SPM.MI) is Bullish.
What is the RSI signal for SAIPEM SPA (SPM.MI) stock?
SAIPEM SPA (SPM.MI) has an RSI value of 57.6138. This indicates that the stock is currently neutral.
What is the short term momentum for SPM stock?
The short term momentum for SAIPEM SPA (SPM.MI) is positive.
What is the support and resistance level for SPM stock?
SAIPEM SPA (SPM.MI) has a support level at 3.41 and a resistance level at 3.58. Check the full technical report for our detailed analysis of SPM.MI support and resistance levels.