
Technical analysis of Technogym S.p.A. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Technogym S.p.A. is an Italian company founded in 1983 that designs, manufactures, and sells fitness equipment and wellness, physical exercise, and rehabilitation solutions. The company offers a range of products including cardio machines, strength training equipment, fitness accessories, and sportswear, distributed through direct sales, retail, and wholesale channels to customers in the fitness, hospitality, residential, and consumer segments.
Description generated automatically from public sources; it may be inaccurate or out of date.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
13.19 €
−4.34%
50 sessions
13.98 €
−9.72%
200 sessions
16.61 €
−24.01%
s2
12.54
Support
s1
12.73
Support
pivot
12.98
Pivot
r1
13.17
Resistance
r2
13.42
Resistance
In the September 3, 2026 session Technogym S.p.A. closed lower at 12.62 €, −2.25% versus the previous session.
The price sits below every moving average observed: −4.34% against the 21-session average, −9.72% against the 50 and −24.01% against the 200.
The 14-period RSI reads 33.3, in neutral territory.
MACD stands at -0.344 against a signal line at -0.388: the histogram is positive (+0.044).
ADX reads 20.6, indicating weak directionality.
Levels computed on the latest session place supports at 12.73 and 12.54 € and resistances at 13.17 and 13.42 €, around a pivot of 12.98.
The average daily range (ATR) is 0.377 €, or 2.99% of price.
Turnover was 993.6K shares, 258% of the 20-session average.
Over the last twelve months the price ranged between 12.20 and 21.43 €, and today stands −41.11% 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 Technogym S.p.A. analysed technically?
Technical analysis of Technogym 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 Technogym 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 Technogym S.p.A.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Technogym 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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