SNAM SPA (SRG.MI) Technical Analysis
BIT:SRG • IT0003153415
Current stock price
SRG.MI Technical Rating and Analysis
Overall SRG gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SRG is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by SRG over the past year are nicely spread over this period.
- SRG is currently trading near its 52 week high, which is a good sign. 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 6.16 - 6.66 range, which is quite wide. It is currently trading near the high of this range.
- SRG has an average volume of 6535610 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 5 other stocks in this industry, SRG did better than 50% of them.
SRG.MI Weekly and Daily overview Charts
SRG.MI Setup Rating and Analysis
Besides having an excellent technical rating, SRG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.62. Right above this resistance zone may be a good entry point.
More info and screens
SRG.MI Support and Resistance Analysis
5.10
We found 3 important support areas.
- Support @5.91 from a trend line in the daily time frame.
- A support zone ranging from 5.51 to 5.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.62 to 6.65. 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 | 83.39 | POSITIVE | SRG.MI has a high relative strength, it outperformed 83.39% 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) | 62.89 | NEUTRAL | The RSI value for SRG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SRG.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.45 | NEUTRAL | The Stochastics value for SRG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for SRG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.34 | POSITIVE | The high ADX value value for SRG.MI suggests a strong trend. |
SRG.MI Chart- and CandleStick Pattern Analysis
SRG.MI Example Setup
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 |
|---|---|---|---|
| 6.66 | 6.31 | 0.35 (5.32%) | 18.81% |
| An entry @6.66. This is a Buy Stop order right above the resistance zone. | An exit @6.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.35 points, which is 5.32%. | When investing 18.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SRG.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:SRG (3/17/2026, 7:00:00 PM)
6.58
+0.07 (+1.04%)
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.
Can you provide the RSI signal for SNAM SPA?
SNAM SPA (SRG.MI) has an RSI value of 62.8913. 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 5.91 and a resistance level at 6.62. Check the full technical report for our detailed analysis of SRG.MI support and resistance levels.