AUTOSTRADE MERIDIONALI SPA (AUTME.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:AUTME • IT0000084043
Overall AUTME gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AUTME was also a bad performer in the overall market in the last year.
- 94% of all other stocks performed better in the past year than AUTME.
- AUTME is one of the lesser performing stocks in the Transportation Infrastructure industry. 69% of 14 stocks in the same industry do better.
- AUTME is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: AUTME has an average volume of 2284 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 2.53 - 3.04 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AUTME is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.53
We found 2 important support areas.
- A support zone ranging from 2.74 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.56 to 2.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @4.41 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AUTME.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AUTME.MI is up. |
| ChartMill Relative Strength | 6.12 | NEGATIVE | AUTME.MI has a low relative strength, it was outperformed by 93.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AUTME.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AUTME.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AUTME.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.89 | NEUTRAL | The RSI value for AUTME.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AUTME.MI has a positive trend. |
| Stochastics (14,3) | 76.98 | NEUTRAL | The Stochastics value for AUTME.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for AUTME.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.88 | NEGATIVE | The low ADX value for AUTME.MI suggests a weak or negative trend. |
BIT:AUTME (1/19/2026, 9:58:40 AM)
3.045
+0.23 (+8.36%)
AUTOSTRADE MERIDIONALI SPA / AUTME.MI FAQ
What is the technical rating for AUTME stock?
ChartMill assigns a technical rating of 3 / 10 to AUTME.MI.
What is the current trend direction of AUTOSTRADE MERIDIONALI SPA (AUTME.MI) stock?
The current trend direction for AUTOSTRADE MERIDIONALI SPA (AUTME.MI) is Bearish.
What is the RSI signal for AUTME stock?
AUTOSTRADE MERIDIONALI SPA (AUTME.MI) has an RSI value of 64.8917. This indicates that the stock is currently neutral.
What is the short term momentum for AUTOSTRADE MERIDIONALI SPA (AUTME.MI) stock?
The short term momentum for AUTOSTRADE MERIDIONALI SPA (AUTME.MI) is positive.
What is the support and resistance level for AUTME stock?
AUTOSTRADE MERIDIONALI SPA (AUTME.MI) has a support level at 2.81 and a resistance level at 4.41. Check the full technical report for our detailed analysis of AUTME.MI support and resistance levels.