Saipem S.p.A. (SPM) stocks — Weekly technical analysis | 7-11 Sep 2026
SPM
Saipem S.p.A.
📅 Earnings · Mar 02, 2027 · in 171d
Weekly technical analysis of Saipem S.p.A. (SPM) stocks: IQS 37/100. Structure, momentum and trading levels for swing trading updated 11 Sep 2026.
SCORE IQS Lite
37/100
Weekly Structure 10
Daily Momentum 5
Weekly Ichimoku 19
Daily CMF 0
Delta 3
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · Saipem S.p.A. (SPM · ISIN IT0005495657)
Weekly Structure
At 10/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 5/35 momentum is absent: flat or negative daily impulse, no acceleration.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 0/6 CMF shows outflows: capital leaving and selling pressure.
Delta
At 3/10 the week is slightly negative: close between -2% and 0%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
The structure remains in compressed cycle phase with weakened daily momentum despite weekly Ichimoku bullish positioning. Green semaphore signals cycle transition potential. Awaiting confirmed directional breakout is the operational priority, with setup definition pending market clarity above or below key compression boundaries.
This week's view by AiTrading67.com
SPM consolidates within a weak compression zone as weekly EMA50 remains free with Ichimoku positioned above the bullish cloud. Daily momentum displays bearish fading alongside neutral-negative RSI, whereas weekly structure shows mixed strength signals. The ordinary cycle phase prioritizes awaiting confirmed breakout direction before trade activation.
Chart Saipem S.p.A. (SPM) · 12-month trend
Over the past week the stock shed 0.9%; over twelve months it is up 83.5%.
Weekly Structure
Weekly RSI
Neutral
Weekly MACD · Status
D — Deterioration
Negative histogram expanding
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Partial stack
MAs not aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Absent
−DI dominates +DI
Daily RSI
Neutral-bearish
Capital Flow (CMF)
Heavy outflow
Daily MACD · Status
C — Early deterioration
Daily Stochastic
Oversold
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum reveals bearish-negating structure with -DI above +DI and absent ADX, indicating weak directional force. RSI in neutral-negative zone combined with strong outflows via CMF and oversold stochastic mark momentum depletion. MACD shows bearish fading, a weakening bearish impulse that could transition. The mature Golden Cross between moving averages hints at potential reversal.
Weekly market overview
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See the Platinum analysis of SPM →
Weekly structure shows neutral RSI with strong bearish MACD, signaling established downside pressure. EMA50 remains free to expand, yet the partial moving average stack indicates incomplete directional alignment. Ichimoku sits above the bullish cloud, providing structural resistance to lower prices. Mixed signals suggest caution on near-term direction.