AUTOSTRADE MERIDIONALI SPA (AUTME.MI) Stock Technical Analysis
Europe - BIT:AUTME - IT0000084043 - Common Stock
2.85 EUR
-0.05 (-1.72%)
Taking everything into account, AUTME scores 3 out of 10 in our technical rating. 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.
96% of all other stocks performed better in the past year than AUTME.
AUTME is part of the Transportation Infrastructure industry. There are 10 other stocks in this industry, of which 88% are performing better than AUTME.
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.
Warning: AUTME has an average volume of 2526 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month AUTME has a been trading in the 2.56 - 2.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of AUTME is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.48
3.05
We found 2 important support areas.
- A support zone ranging from 2.64 to 2.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.50 to 2.51. 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 2.91 to 2.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.02 from a trend line in the daily 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 | 4.16 | NEGATIVE | AUTME.MI has a low relative strength, it was outperformed by 95.84% 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) | 56.73 | NEUTRAL | The RSI value for AUTME.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AUTME.MI has a positive trend. |
| Stochastics (14,3) | 87.01 | OVERBOUGHT | The high Stochastics value suggests AUTME.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for AUTME.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for AUTME.MI suggests a weak or negative trend. |
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)
BIT:AUTME (8/25/2025, 7:00:00 PM)
2.85
-0.05 (-1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTransportation Infrastructure
Performance
% Chg-1.72%
1 Week6.94%
2 Weeks6.74%
1 Month10.47%
3 Month9.62%
6 Month8.78%
12 Month-79.42%
2 Year-81.43%
3 Year-92.3%
5 Year-86.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.34%
ATR Inc26.13%
Range Today0.05
ADR(20)0.05
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.16
Mansfield-7.17
10 Day High2.95
10 Day Low2.57
20 Day High2.95
20 Day Low2.57
52 Week High22
52 Week Low1.9
CS1 End2.67
CR1 Start2.91
Volume & EV
DER(3)0%
DER(5)0%
Volume2.82K
Volume Incr-45.39%
Vol(5)1.69K
Vol(50)2.53K