Danieli & C. Officine Meccaniche S.p.A. technical analysis
Technical analysis of Danieli & C. Officine Meccaniche S.p.A. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Danieli & C. Officine Meccaniche S.p.A.
Danieli & C. Officine Meccaniche S.p.A., founded in 1914 and based in Buttrio, is a company that designs and builds plants for the iron and steel industry, operating internationally across Europe, the Middle East, the Americas, and Southeast Asia. The company also produces special steel and structural steel, as well as machinery and equipment for metal processing including extrusion presses, forging presses, and cutting machines.
Description generated automatically from public sources; it may be inaccurate or out of date.
Danieli & C. Officine Meccaniche S.p.A.: latest session data
Closing values for September 4, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
64.41 €
−8.40%
50 sessions
66.43 €
−11.19%
200 sessions
63.17 €
−6.60%
Session levels
s2
56.33
Support
s1
57.57
Support
pivot
59.83
Pivot
r1
61.07
Resistance
r2
63.33
Resistance
How to read it
In the September 4, 2026 session Danieli & C. Officine Meccaniche S.p.A. closed higher at 59.00 €, +0.34% versus the previous session.
The price sits below every moving average observed: −8.40% against the 21-session average, −11.19% against the 50 and −6.60% against the 200.
The 14-period RSI reads 30.4, in neutral territory.
MACD stands at -1.300 against a signal line at -0.894: the histogram is negative (−0.406).
ADX reads 17.6, indicating weak directionality.
Levels computed on the latest session place supports at 57.57 and 56.33 € and resistances at 61.07 and 63.33 €, around a pivot of 59.83.
The average daily range (ATR) is 2.170 €, or 3.68% of price.
Turnover was 63.1K shares, 140% of the 20-session average.
Over the last twelve months the price ranged between 54.50 and 77.50 €, and today stands −23.87% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Danieli & C. Officine Meccaniche S.p.A.
How is Danieli & C. Officine Meccaniche S.p.A. analysed technically?
Technical analysis of Danieli & C. Officine Meccaniche S.p.A. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Danieli & C. Officine Meccaniche S.p.A.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Danieli & C. Officine Meccaniche S.p.A.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Danieli & C. Officine Meccaniche S.p.A. it helps frame the technical structure of the historical chart and is not a forecast.
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