SNAM SPA (SRG.MI) Stock Technical Analysis
BIT:SRG • IT0003153415
Taking everything into account, SRG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SRG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- SRG is part of the Gas Utilities industry. There are 4 other stocks in this industry, of which 100% are performing better than SRG.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SRG did better than 78% of all other stocks. On top of that, SRG also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by SRG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SRG has a been trading in the 5.63 - 6.28 range, which is quite wide. It is currently trading near the high of this range.
- SRG has an average volume of 5831880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SRG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.21
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.75 to 5.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.45 to 5.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.12 from a horizontal line in the daily time frame.
- Support @5.01 from a horizontal line in the weekly time frame.
- Support @4.25 from a horizontal line in the weekly time frame.
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 SRG.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRG.MI is up. |
| ChartMill Relative Strength | 78.23 | POSITIVE | SRG.MI has a high relative strength, it outperformed 78.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRG.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRG.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRG.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.29 | OVERBOUGHT | The high RSI value suggests SRG.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SRG.MI has a positive trend. |
| Stochastics (14,3) | 99.57 | OVERBOUGHT | The high Stochastics value suggests SRG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for SRG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.95 | POSITIVE | The high ADX value value for SRG.MI suggests a strong trend. |
BIT:SRG (2/13/2026, 7:00:00 PM)
6.276
+0.07 (+1.19%)
SNAM SPA / SRG.MI FAQ
What is the ChartMill technical rating of SNAM SPA (SRG.MI) stock?
ChartMill assigns a technical rating of 10 / 10 to SRG.MI.
What is the trend direction for SRG stock?
The current trend direction for SNAM SPA (SRG.MI) is Bullish.
Can you provide the RSI signal for SNAM SPA?
SNAM SPA (SRG.MI) has an RSI value of 79.2869. This indicates that the stock is currently overbought.
What is the buy/sell signal for SRG stock?
The buy/sell signal for SNAM SPA (SRG.MI) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for SNAM SPA (SRG.MI) stock?
SNAM SPA (SRG.MI) has a support level at 5.86. Check the full technical report for our detailed analysis of SRG.MI support and resistance levels.