AUTOSTRADE MERIDIONALI SPA (AUTME.MI) Technical Analysis
BIT:AUTME • IT0000084043
Current stock price
AUTME.MI Technical Rating and Analysis
Taking everything into account, AUTME scores 4 out of 10 in our technical rating. In the past year, AUTME was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, AUTME is a bad performer in the overall market: 95% of all stocks are doing better.
- 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. The S&P500 Index is trading in the upper part of its 52 week range, so AUTME is lagging the market.
- 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 2367 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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.
- In the last month AUTME has a been trading in the 2.53 - 3.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AUTME.MI Weekly and Daily overview Charts
AUTME.MI Setup Rating and Analysis
AUTME has an average technical rating and it also does not offer a high 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
AUTME.MI Support and Resistance Analysis
2.48
We found 4 important support areas.
- A support zone ranging from 2.75 to 2.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.62 from a horizontal line in the daily time frame.
- Support @2.56 from a horizontal line in the daily time frame.
- 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 3 important areas.
- Resistance @2.91 from a horizontal line in the weekly time frame.
- Resistance @3.05 from a horizontal line in the daily time frame.
- Resistance @4.41 from a trend line in the weekly time frame.
AUTME.MI Technical Indicator Signal Analysis
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 | 5.48 | NEGATIVE | AUTME.MI has a low relative strength, it was outperformed by 94.52% 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) | 54.36 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 76.91 | NEUTRAL | The Stochastics value for AUTME.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for AUTME.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.93 | NEGATIVE | The low ADX value for AUTME.MI suggests a weak or negative trend. |
AUTME.MI Chart- and CandleStick Pattern Analysis
AUTME.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:AUTME (2/27/2026, 7:00:00 PM)
2.86
-0.19 (-6.08%)
AUTOSTRADE MERIDIONALI SPA / AUTME.MI TA FAQ
What is the technical rating for AUTME stock?
ChartMill assigns a technical rating of 4 / 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 54.3631. 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 2.79 and a resistance level at 2.91. Check the full technical report for our detailed analysis of AUTME.MI support and resistance levels.