SPINDOX SPA (SPN.MI) Stock Technical Analysis
BIT:SPN - Euronext Milan - IT0005449522 - Common Stock - Currency: EUR
Taking everything into account, SPN scores 2 out of 10 in our technical rating. SPN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than SPN.
SPN is part of the IT Services industry. There are 77 other stocks in this industry, of which 76% are performing better than SPN.
SPN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPN is lagging the market.
Warning: SPN has an average volume of 5116 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SPN has a been trading in the 9.10 - 10.25 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.
Considerably lower volume is observed in the last couple of days.
SPN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.85, a Stop Loss order could be placed below this zone.
More info and screens
9.12
11.62
3 important support areas can be observed.
- A support zone ranging from 9.73 to 9.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.37 to 9.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @11.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.21 to 11.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.50 to 11.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for SPN.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPN.MI is down. |
| ChartMill Relative Strength | 6.86 | NEGATIVE | SPN.MI has a low relative strength, it was outperformed by 93.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPN.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPN.MI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.31 | NEUTRAL | The RSI value for SPN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SPN.MI has a positive trend. |
| Stochastics (14,3) | 61.45 | NEUTRAL | The Stochastics value for SPN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for SPN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.54 | NEGATIVE | The low ADX value for SPN.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:SPN (6/3/2025, 7:00:00 PM)
9.86
+0.02 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.2%
1 Week1.65%
2 Weeks4.89%
1 Month-8.28%
3 Month-11.96%
6 Month1.13%
12 Month-48.51%
2 Year19.52%
3 Year-37.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%3.77%
ATR Inc-52.41%
Range Today0.26
ADR(20)0.21
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.86
Mansfield-2.39
10 Day High10.25
10 Day Low9.22
20 Day High10.25
20 Day Low9.1
52 Week High20.1
52 Week Low7.25
CS1 End9.85
CR1 Start11
Volume & EV
DER(3)0%
DER(5)0%
Volume7.40K
Volume Incr-19.78%
Vol(5)2.88K
Vol(50)5.12K