SAIPEM

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SPM
ISIN:	IT0005495657

SAIPEM - 1H - Technical analysis published on 03/06/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

My opinion

Bearish under 2.0850 EUR

My targets

1.9682 EUR (-2.90%)

1.8913 EUR (-6.69%)

My analysis

The bearish trend is currently very strong for SAIPEM. As long as the price remains below the resistance at 2.0850 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.9682 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.8913 EUR as an objective. Crossing it would then enable sellers to target 1.7970 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SAIPEM price is 2.0270 EUR. On the day, this instrument lost -0.15% with the lowest point at 2.0240 EUR and the highest point at 2.0820 EUR. The deviation from the price is +0.15% for the low point and -2.64% for the high point.

2.0240

2.0820

2.0270

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of SAIPEM indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.5449	1.7970	1.9682	2.0270	2.0280	2.0850	2.1370
Change (%)	-23.78%	-11.35%	-2.90%	-	+0.05%	+2.86%	+5.43%
Change	-0.4821	-0.2300	-0.0588	-	+0.0010	+0.0580	+0.1100
Level	Major	Intermediate	Minor	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.9223	1.9707	2.0003	2.0487	2.0783	2.1267	2.1563
Camarilla	2.0086	2.0157	2.0229	2.0300	2.0372	2.0443	2.0515
Woodie	1.9130	1.9660	1.9910	2.0440	2.0690	2.1220	2.1470
Fibonacci	1.9707	2.0005	2.0189	2.0487	2.0785	2.0969	2.1267

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.6457	1.8913	2.0467	2.2923	2.4477	2.6933	2.8487
Camarilla	2.0917	2.1285	2.1652	2.2020	2.2388	2.2755	2.3123
Woodie	1.6005	1.8688	2.0015	2.2698	2.4025	2.6708	2.8035
Fibonacci	1.8913	2.0445	2.1392	2.2923	2.4455	2.5402	2.6933

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.6457	1.8913	2.0467	2.2923	2.4477	2.6933	2.8487
Camarilla	2.0917	2.1285	2.1652	2.2020	2.2388	2.2755	2.3123
Woodie	1.6005	1.8688	2.0015	2.2698	2.4025	2.6708	2.8035
Fibonacci	1.8913	2.0445	2.1392	2.2923	2.4455	2.5402	2.6933

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	33.88
MACD (12,26,9):	-0.0369
Directional Movement:	-5.6742
AROON (14):	-42.8572
DEMA (21):	2.0161
Parabolic SAR (0,02-0,02-0,2):	2.0203
Elder Ray (13):	-0.0182
Super Trend (3,10):	2.1018
Zig ZAG (10):	2.0330
VORTEX (21):	0.7712
Stochastique (14,3,5):	18.38
TEMA (21):	2.0160
Williams %R (14):	-83.33
Chande Momentum Oscillator (20):	-0.0140
Repulse (5,40,3):	-2.5231
ROCnROLL:	2
TRIX (15,9):	-0.2859
Courbe Coppock:	3.53

MA7:	2.1307
MA20:	2.2436
MA50:	2.4096
MA100:	2.3629
MAexp7:	2.0390
MAexp20:	2.0685
MAexp50:	2.1381
MAexp100:	2.1988
Price / MA7:	-4.87%
Price / MA20:	-9.65%
Price / MA50:	-15.88%
Price / MA100:	-14.22%
Price / MAexp7:	-0.59%
Price / MAexp20:	-2.01%
Price / MAexp50:	-5.20%
Price / MAexp100:	-7.81%

Quotes : - 15 min delayed data - Italy Stocks

News

Don't forget to follow the news on SAIPEM. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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