SNAM SPA (SRG.MI) Stock Technical Analysis
BIT:SRG • IT0003153415
We assign a technical rating of 10 out of 10 to SRG. 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.
- SRG is one of the lesser performing stocks in the Gas Utilities industry. 75% of 5 stocks in the same industry do better.
- 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 77% of all stocks. On top of that, SRG also shows a nice and consistent pattern of rising prices.
- 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.
- In the last month SRG has a been trading in the 5.64 - 6.48 range, which is quite wide. It is currently trading near the high of this range.
- SRG has an average volume of 5825720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SRG has an excellent technical rating, it does not offer a high quality setup 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
4.21
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.78 to 5.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.63 from a horizontal line in the daily time frame.
- A support zone ranging from 5.47 to 5.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.05 from a horizontal line in the daily time frame.
- Support @4.25 from a horizontal line in the weekly time frame.
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 | 77.3 | POSITIVE | SRG.MI has a high relative strength, it outperformed 77.3% 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) | 76.99 | OVERBOUGHT | The high RSI value suggests SRG.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SRG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.05 | OVERBOUGHT | The high Stochastics value suggests SRG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for SRG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 34.54 | POSITIVE | The high ADX value value for SRG.MI suggests a strong trend. |
BIT:SRG (2/19/2026, 12:50:50 PM)
6.272
-0.04 (-0.67%)
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.
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 76.9935. 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 5.95. Check the full technical report for our detailed analysis of SRG.MI support and resistance levels.