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SARAS SPA (SRS.MI) Stock Technical Analysis

BIT:SRS - Euronext Milan - IT0000433307 - Common Stock - Currency: EUR

1.5975  +0 (+0.03%)

Technical Rating and Analysis

1

Overall SRS gets a technical rating of 1 out of 10. SRS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
SRS is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 77% of 58 stocks in the same industry.
SRS has an average volume of 2649580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SRS turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
SRS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SRS has a been trading in a tight range between 1.59 and 1.60.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SARAS SPA / SRS Weekly stock chart
SARAS SPA / SRS Daily stock chart
Setup Rating and Analysis

8

SRS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.60, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.57

1.83

When analyzing the support we notice one important area.

  • A support zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 1.60 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.75 to 1.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.75
Mansfield-0.81
10 Day High1.6
10 Day Low1.59
20 Day High1.6
20 Day Low1.59
52 Week High1.96
52 Week Low1.18
Performance
1 Week-0.16%
2 Weeks-0.16%
1 Month-0.22%
3 Month-1.87%
6 Month-8.71%
12 Month20.61%
2 Year63.68%
3 Year89.32%
5 Year1.75%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)34.97
LBB1.59
UBB1.6
SARAS SPA / SRS Daily stock chart

SARAS SPA

BIT:SRS (9/6/2024, 7:00:00 PM)

1.5975

+0 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.03%
1 Week-0.16%
2 Weeks-0.16%
1 Month-0.22%
3 Month-1.87%
6 Month-8.71%
12 Month20.61%
2 Year63.68%
3 Year89.32%
5 Year1.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%0.15%
ATR Inc-55.13%
Range Today0
ADR(20)0
ADR(20)%0.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.75
Mansfield-0.81
10 Day High1.6
10 Day Low1.59
20 Day High1.6
20 Day Low1.59
52 Week High1.96
52 Week Low1.18
CS1 End1.6
CR1 Start1.6
Volume & EV
DER(3)-0.57%
DER(5)-0.47%
Volume432.99K
Volume Incr-78.33%
Vol(5)795.50K
Vol(50)2.65M