
Technical analysis of FNM S.p.A. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
FNM S.p.A. is an Italian company operating in the sustainable mobility sector, managing motorways, railway infrastructure, renewable energy facilities and public transport services. The company carries out design, construction and management of road infrastructure, rolling stock rental, ticket sales and car-sharing services, as well as providing technical and administrative support services.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 3, 2026, computed on the last 12 months of prices.
21 sessions
0.46 €
−1.35%
50 sessions
0.46 €
−1.35%
200 sessions
0.47 €
−3.97%
s2
0.45
Support
s1
0.45
Support
pivot
0.46
Pivot
r1
0.46
Resistance
r2
0.46
Resistance
In the September 3, 2026 session FNM S.p.A. closed lower at 0.45 €, −0.66% versus the previous session.
The price sits below every moving average observed: −1.35% against the 21-session average, −1.35% against the 50 and −3.97% against the 200.
The 14-period RSI reads 42.6, in neutral territory.
MACD stands at -0.002 against a signal line at -0.001: the histogram is negative (−0.000).
ADX reads 12.0, indicating weak directionality.
Levels computed on the latest session place supports at 0.45 and 0.45 € and resistances at 0.46 and 0.46 €, around a pivot of 0.46.
The average daily range (ATR) is 0.006 €, or 1.39% of price.
Turnover was 349.9K shares, 298% of the 20-session average.
Over the last twelve months the price ranged between 0.43 and 0.52 €, and today stands −13.48% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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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.
How is FNM S.p.A. analysed technically?
Technical analysis of FNM 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 FNM 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 FNM S.p.A.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to FNM S.p.A. it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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