SNAM SPA (SRG.MI) Technical Analysis
BIT:SRG • IT0003153415
Current stock price
SRG.MI Technical Rating and Analysis
Taking everything into account, SRG scores 10 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, SRG is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SRG did better than 77% of all other stocks. We also observe that the gains produced by SRG over the past year are nicely spread over this period.
- SRG is part of the Gas Utilities industry. There are 5 other stocks in this industry. SRG outperforms 75% of them.
- SRG 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 SRG has a been trading in the 6.19 - 6.87 range, which is quite wide. It is currently trading near the high of this range.
- SRG has an average volume of 7514680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRG.MI Weekly and Daily overview Charts
SRG.MI Setup Rating and Analysis
SRG has an excellent technical rating, but the quality of the setup is only medium 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
SRG.MI Support and Resistance Analysis
5.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.35 to 6.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.24 from a horizontal line in the daily time frame.
- Support @6.04 from a trend line in the daily time frame.
- A support zone ranging from 5.63 to 5.63. 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 6.80 to 6.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
SRG.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 SRG.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRG.MI is up. |
| ChartMill Relative Strength | 77.85 | POSITIVE | SRG.MI has a high relative strength, it outperformed 77.85% 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) | 62.96 | NEUTRAL | The RSI value for SRG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SRG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.84 | OVERBOUGHT | The high Stochastics value suggests SRG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for SRG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for SRG.MI suggests a strong trend. |
SRG.MI Chart- and CandleStick Pattern Analysis
SRG.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:SRG (4/13/2026, 7:00:00 PM)
6.734
-0.06 (-0.94%)
SNAM SPA / SRG.MI TA 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.
What is the RSI signal for SRG stock?
SNAM SPA (SRG.MI) has an RSI value of 62.9586. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SNAM SPA?
The short term momentum for SNAM SPA (SRG.MI) is positive.
Can you provide the buy/sell signal for SNAM SPA?
The buy/sell signal for SNAM SPA (SRG.MI) is buy as both the short term and long term trends are positive.