AUTOSTRADE MERIDIONALI SPA (AUTME.MI) Stock Technical Analysis
BIT:AUTME - Euronext Milan - IT0000084043 - Common Stock - Currency: EUR
Overall AUTME gets a technical rating of 2 out of 10. AUTME's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than AUTME.
AUTME is part of the Transportation Infrastructure industry. There are 12 other stocks in this industry, of which 100% are performing better than AUTME.
AUTME is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AUTME is lagging the market.
Warning: AUTME has an average volume of 2951 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month AUTME has a been trading in the 2.56 - 2.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, AUTME does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.89. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.48
4.79
We found 1 important support area.
- A support zone ranging from 2.50 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.89 to 2.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.74 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.66
Mansfield-7.2
10 Day High2.91
10 Day Low2.57
20 Day High2.91
20 Day Low2.57
52 Week High22
52 Week Low1.9
Performance
1 Week-1.23%
2 Weeks6.83%
1 Month8.27%
3 Month5.83%
6 Month-80.52%
12 Month-80.59%
2 Year-74.75%
3 Year-92.29%
5 Year-86.6%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)53.06
LBB2.48
UBB2.9
BIT:AUTME (5/15/2025, 7:00:00 PM)
2.815
+0.1 (+3.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTransportation Infrastructure
Performance
% Chg3.87%
1 Week-1.23%
2 Weeks6.83%
1 Month8.27%
3 Month5.83%
6 Month-80.52%
12 Month-80.59%
2 Year-74.75%
3 Year-92.29%
5 Year-86.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%3.23%
ATR Inc49.6%
Range Today0.06
ADR(20)0.06
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.66
Mansfield-7.2
10 Day High2.91
10 Day Low2.57
20 Day High2.91
20 Day Low2.57
52 Week High22
52 Week Low1.9
CS1 End2.5
CR1 Start2.89
Volume & EV
DER(3)0%
DER(5)0%
Volume13.00K
Volume Incr78.96%
Vol(5)5.36K
Vol(50)2.95K