SNAM SPA (SRG.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:SRG - IT0003153415 - Common Stock
We assign a technical rating of 8 out of 10 to SRG. 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.
Besides having an excellent technical rating, SRG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SRG in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
4.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.55 to 5.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.35 to 5.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.97 to 5.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.25 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.73 to 5.78. 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 | UP | POSITIVE | The short term trend for SRG.MI is up. |
| ChartMill Relative Strength | 74.85 | POSITIVE | SRG.MI has a high relative strength, it outperformed 74.85% off all stocks 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) | 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) | 59.13 | NEUTRAL | The RSI value for SRG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SRG.MI has a positive trend. |
| Stochastics (14,3) | 83.78 | OVERBOUGHT | The high Stochastics value suggests SRG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for SRG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for SRG.MI suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 5.79 | 5.55 | 0.24 (4.15%) | 24.12% |
| An entry @5.79. This is a Buy Stop order right above the resistance zone. | An exit @5.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 4.15%. | For a 1.00% total portfolio risk, you can invest 24.12% of your capital in this trade. |
- 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.
BIT:SRG (1/6/2026, 5:36:21 PM)
5.678
+0.01 (+0.18%)
SNAM SPA / SRG.MI FAQ
What is the ChartMill technical rating of SNAM SPA (SRG.MI) stock?
ChartMill assigns a technical rating of 8 / 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 59.1329. This indicates that the stock is currently neutral.
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 5.63 and a resistance level at 5.73. Check the full technical report for our detailed analysis of SRG.MI support and resistance levels.