Saipem S.p.A. (SPM) stocks — Weekly technical analysis | 26-30 Oct 2026
SPM
Saipem S.p.A.
📅 Earnings · Mar 02, 2027 · in 121d
Weekly technical analysis of Saipem S.p.A. (SPM) stocks: IQS 59/100. Structure, momentum and trading levels for swing trading updated 30 Oct 2026.
SCORE IQS Lite
59/100
Weekly Structure 12
Daily Momentum 12
Weekly Ichimoku 19
Daily CMF 6
Delta 10
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · Saipem S.p.A. (SPM · ISIN IT0005495657)
Weekly Structure
At 12/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 12/35 momentum is weak: uncertain push and ill-defined direction.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 6/6 CMF shows inflows: capital entering and buying pressure.
Delta
At 10/10 the week is sharply up: weekly performance above +2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
SPM consolidates in a compressed zone with ordinary cycle momentum. Weekly Ichimoku maintains bullish support, while daily momentum shows bearish fading without extremes. Awaiting confirmation on breakout is the priority.
This week's view by AiTrading67.com
Stretched phase awaiting confirmation. Weekly structure is constructive (Ichimoku above cloud, EMA50 free, MA stack in full bullish alignment) but MACD still fading on both daily and weekly. CMF shows inflows, a positive signal. View remains interesting if the bounce is confirmed.
Chart Saipem S.p.A. (SPM) · 12-month trend
Source: TradingView
Over the past week the stock gained 2.0%; over twelve months it is up 103.6%.
Weekly Structure
Weekly RSI
Neutral / bullish bias
Weekly MACD · Status
C — Early deterioration
Negative histogram contracting
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Full bullish stack
5/5 MAs bullish-aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Absent
−DI dominates +DI
Daily RSI
Neutral
Capital Flow (CMF)
Inflow
Daily MACD · Status
C — Early deterioration
Daily Stochastic
Neutral
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum shows mixed signals but with a constructive inclination. Absent ADX suggests no marked directional trend, while CMF highlights inflows, a positive sign of accumulation. MACD in fading of the decline and the recent mature Golden Cross between MAs support a near-term bounce scenario. RSI remains neutral, leaving room for broad directional moves once the breakout is confirmed.
Weekly market overview
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See the Platinum analysis of SPM →
Weekly structure shows resilience: EMA50 remains free, the MA stack maintains full bullish alignment and Ichimoku sits above the bullish cloud. Daily RSI is in the neutral zone but with bullish bias, while weekly MACD remains in fading of the decline, a sign of weak bearish momentum that does not rule out a recovery. Overall, the weekly technical picture is constructive and supports a bounce.