SNAM SPA (SRG.MI) Stock Technical Analysis
BIT:SRG - Euronext Milan - IT0003153415 - Common Stock - Currency: EUR
Overall SRG gets a technical rating of 4 out of 10. In the last year, SRG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
SRG is part of the Gas Utilities industry. There are 5 other stocks in this industry, of which 75% are performing better than SRG.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SRG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SRG is lagging the market slightly.
SRG has an average volume of 6182270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SRG turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
In the last month SRG has a been trading in a tight range between 4.95 and 5.19.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SRG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 5.06, a Stop Loss order could be placed below this zone.
More info and screens
4.09
5.37
When analyzing the support we can see 6 important areas.
- A support zone ranging from 4.97 to 5.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.86 from a trend line in the daily time frame.
- Support @4.47 from a horizontal line in the daily time frame.
- Support @4.39 from a trend line in the weekly time frame.
- Support @4.25 from a horizontal line in the weekly time frame.
- Support @4.13 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.27 to 5.32. 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 | UP | POSITIVE | The long term trend for SRG.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRG.MI is neutral. |
| ChartMill Relative Strength | 55.33 | NEUTRAL | SRG.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SRG.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRG.MI is below a declining 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) | 47.17 | NEUTRAL | The RSI value for SRG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SRG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.3 | NEUTRAL | The Stochastics value for SRG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for SRG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for SRG.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:SRG (7/24/2025, 7:00:00 PM)
5.06
-0.01 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.24%
1 Week0.32%
2 Weeks1.65%
1 Month-0.75%
3 Month2.41%
6 Month14.71%
12 Month16.3%
2 Year5.81%
3 Year3.31%
5 Year12.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%1.17%
ATR Inc38.29%
Range Today0.05
ADR(20)0.06
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.33
Mansfield-0.05
10 Day High5.16
10 Day Low4.95
20 Day High5.19
20 Day Low4.95
52 Week High5.32
52 Week Low4.16
CS1 End5.06
CR1 Start5.27
Volume & EV
DER(3)-0.12%
DER(5)-1.5%
Volume3.77M
Volume Incr-32.67%
Vol(5)3.98M
Vol(50)6.18M