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SNAM SPA (SRG.MI) Stock Technical Analysis

Europe - BIT:SRG - IT0003153415 - Common Stock

5.624 EUR
+0.02 (+0.43%)
Last: 11/10/2025, 3:19:45 PM
Technical Rating and Analysis

10

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.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SRG did better than 77% of all other stocks. On top of that, SRG also shows a nice and consistent pattern of rising prices.
SRG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SRG is leading the market.
In the last month SRG has a been trading in the 5.11 - 5.62 range, which is quite wide. It is currently trading near the high of this range.
SRG has an average volume of 5438900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRG is part of the Gas Utilities industry. There are 6 other stocks in this industry, SRG did better than 60% of them.

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Weekly and Daily overview Charts
SNAM SPA / SRG Weekly stock chart
SNAM SPA / SRG Daily stock chart
Setup Rating and Analysis

2

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.

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Support and Resistance Analysis

4.21

5.68

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 4.99 to 5.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.46 from a trend line in the weekly time frame.
  • Support @4.25 from a horizontal line in the weekly time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SRG.MI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SRG.MI is up.
ChartMill Relative Strength77.34POSITIVESRG.MI has a high relative strength, it outperformed 77.34% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SRG.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SRG.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SRG.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)77.55OVERBOUGHTThe high RSI value suggests SRG.MI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests SRG.MI has a positive trend.
Stochastics (14,3)89.94OVERBOUGHTThe high Stochastics value suggests SRG.MI may be overbought.
Average True Range in percent/ATR (20)1.27LOW VOLATILITYThe low ATR as a percentage value for SRG.MI suggests low volalility.
Average Directional Index/ADX (14)44.66POSITIVEThe high ADX value value for SRG.MI suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)

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SNAM SPA / SRG Daily stock chart

SNAM SPA

BIT:SRG (11/10/2025, 3:19:45 PM)

5.624

+0.02 (+0.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.43%
1 Week4.71%
2 Weeks4.48%
1 Month8.44%
3 Month9.72%
6 Month9.67%
12 Month32.76%
2 Year21.13%
3 Year15.04%
5 Year19.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%1.27%
ATR Inc69.83%
Range Today0.07
ADR(20)0.07
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.34
3 months CRS71.38
6 months CRS56.25
Mansfield0.39
10 Day High5.62
10 Day Low5.33
20 Day High5.62
20 Day Low5.11
52 Week High5.62
52 Week Low4.17
CS1 End5.25
CR1 StartN/A
Volume & EV
DER(3)-2.4%
DER(5)-3.4%
Volume1.48M
Volume Incr14.19%
Vol(5)6.20M
Vol(50)5.44M

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.


Can you provide the trend direction for SNAM SPA?

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 77.5548. 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 5.25. Check the full technical report for our detailed analysis of SRG.MI support and resistance levels.