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SNAM is the ideal stock for those who love long-term investments

SNAM is the ideal stock for those who love long-term investments as this is what emerges from the analysis of the historical prices.

Our Research Department has calculated for some time intervals the probability that at the end of the investment the return is positive (hereinafter referred to as ProbRenPos) and the average return (RenMedio). Here are the results:

  • 10 YEARS: ProbRenPos 100%; RenMedio 167.3%;
  • 5 YEARS: ProbRenPos 100%; RenMedio 65.9%;
  • 3 YEARS: ProbRenPos 99.5%; RenMedio 36.5%;
  • 2 YEARS: ProbRenPos 91.9%; RenMedio 23.8%;
  • 1 YEARS: ProbRenPos 76.9%; RenMedio 11.2%.

From these numbers it is immediately clear how an investment in SNAM with a time horizon of more than 2 years has a probability of leading to a gain of more than 90%. As regards, however, the average annual return has always been, on average, above 10%.

Therefore, you understand why SNAM is the ideal stock for those who love long-term investments.

It is important to note that these results were not obtained by optimizing the entry, but simply by buying at the beginning of any month and waiting for the investment time.

Graphic and forecast analysis on SNAM stock

SNAM (MIL: SRG) closed the session on January 8 at € 4.65, up by 0.15% compared to the previous session.

Weekly time frame

SNAM prices have been moving within a wide range identified by the 4.08-4.68 euro levels since June 2020.

The break of one of these two levels could give direction to the prices.

On the downside, with the support of the Swing Indicator signal, the objectives are those indicated in the figure. A restart to the upside, on the other hand, would bring prices to new all-time highs in the 5 euro area.

SNAM: ongoing bearish projection on the daily time frame. The red oblique lines represent the Running Bisector levels; the horizontal lines the levels of The New Law of Vibration. The volume for each price level is shown on the left. The middle panel reports the BottomHunter signal. The minimum on the considered time frame is marked when it is equal to 1. The volume panel shows the volume traded for each bar compared with a 20-period zero lag exponential moving average. The Swing Indicator is shown in the lower panel showing the bullish and bearish signals on the instrument in question.

Time frame mensile

In this case there is the risk of a double top with a possible return in the 3.72 euro area. A monthly close below this level will reverse the downward trend. A first confirmation in this sense would occur with a monthly closing of less than 4.15 euros.

If, on the other hand, it should accelerate upwards, the objectives are those indicated in the figure with maximum bullish extension in the 8.526 euro area.

Note that both the Swing Indicator and the BottomHunter are in neutral position. Therefore, retracements are possible that could turn into excellent buying opportunities.

Snam

SNAM: bullish projection underway on the monthly time frame. The red oblique lines represent the Running Bisector levels; the horizontal lines the levels of The New Law of Vibration. The volume for each price level is shown on the left. The middle panel reports the BottomHunter signal. The minimum on the considered time frame is marked when it is equal to 1. The volume panel shows the volume traded for each bar compared with a 20-period zero lag exponential moving average. The Swing Indicator is shown in the lower panel showing the bullish and bearish signals on the instrument in question.

Deepening

Winds of decline are stirred in Piazza Affari but the game on the Ftse Mib Future is still to be played

(We remind you to carefully read the warnings regarding this article, which can be consulted who”)

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