AUTOSTRADE MERIDIONALI SPA (AUTME.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:AUTME - IT0000084043 - Common Stock
Taking everything into account, AUTME scores 1 out of 10 in our technical rating. 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 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
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.73 to 2.78. 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 @2.83 from a horizontal line in the daily time frame.
- 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 @4.76 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 | NEUTRAL | NEUTRAL | The short term trend for AUTME.MI is neutral. |
| ChartMill Relative Strength | 4.4 | NEGATIVE | AUTME.MI has a low relative strength, it was outperformed by 95.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AUTME.MI is above a declining 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) | 54.5 | NEUTRAL | The RSI value for AUTME.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AUTME.MI has a positive trend. |
| Stochastics (14,3) | 49.6 | NEUTRAL | The Stochastics value for AUTME.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for AUTME.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for AUTME.MI suggests a weak or negative trend. |
BIT:AUTME (1/9/2026, 10:24:10 AM)
2.81
+0.01 (+0.36%)
AUTOSTRADE MERIDIONALI SPA / AUTME.MI FAQ
What is the technical rating for AUTME stock?
ChartMill assigns a technical rating of 1 / 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 54.4968. 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 neutral.
What is the support and resistance level for AUTME stock?
AUTOSTRADE MERIDIONALI SPA (AUTME.MI) has a support level at 2.78 and a resistance level at 2.83. Check the full technical report for our detailed analysis of AUTME.MI support and resistance levels.