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AUTOSTRADE MERIDIONALI SPA (AUTME.MI) Stock Technical Analysis

BIT:AUTME - Euronext Milan - IT0000084043 - Common Stock - Currency: EUR

2.61  +0.04 (+1.75%)

Technical Rating and Analysis

1

Overall AUTME gets a technical rating of 1 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% 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 111% are performing better than AUTME.
AUTME is currently trading near the lower end of its 52 week range, which is not a good sign. AUTME is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: AUTME has an average volume of 2750 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 2.50 - 2.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Weekly and Daily overview Charts
AUTOSTRADE MERIDIONALI SPA / AUTME Weekly stock chart
AUTOSTRADE MERIDIONALI SPA / AUTME Daily stock chart
Setup Rating and Analysis

6

AUTME has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

2.48

2.87

When analyzing the support we notice one important 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 3 important areas.

  • A resistance zone ranging from 2.61 to 2.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.75 from a trend line in the daily time frame.
  • Resistance @2.84 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.72
Mansfield-7.82
10 Day High2.68
10 Day Low2.57
20 Day High2.84
20 Day Low2.51
52 Week High22
52 Week Low1.9
Performance
1 Week-1.9%
2 Weeks0.19%
1 Month2.79%
3 Month-4.27%
6 Month-82.08%
12 Month-83.08%
2 Year-84.64%
3 Year-91.1%
5 Year-90.08%
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)40.51
LBB2.53
UBB2.68
AUTOSTRADE MERIDIONALI SPA / AUTME Daily stock chart

AUTOSTRADE MERIDIONALI SPA

BIT:AUTME (3/3/2025, 7:00:00 PM)

2.61

+0.04 (+1.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTransportation Infrastructure
Performance
% Chg1.75%
1 Week-1.9%
2 Weeks0.19%
1 Month2.79%
3 Month-4.27%
6 Month-82.08%
12 Month-83.08%
2 Year-84.64%
3 Year-91.1%
5 Year-90.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%3.31%
ATR Inc-33.89%
Range Today0.08
ADR(20)0.05
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.72
Mansfield-7.82
10 Day High2.68
10 Day Low2.57
20 Day High2.84
20 Day Low2.51
52 Week High22
52 Week Low1.9
CS1 End2.5
CR1 Start2.6
Volume & EV
DER(3)0%
DER(5)0%
Volume8.16K
Volume Incr-16.65%
Vol(5)2.15K
Vol(50)2.75K