MICHELIN (CGDE) (ML.PA) Stock Technical Analysis
EPA:ML - Euronext Paris - Matif - FR001400AJ45 - Common Stock - Currency: EUR
Taking everything into account, ML scores 0 out of 10 in our technical rating. ML'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
79% of all other stocks performed better in the past year than ML.
ML is one of the better performing stocks in the Automobile Components industry, it outperforms 78% of 29 stocks in the same industry.
ML has an average volume of 2074450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ML is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ML has a been trading in the 28.47 - 33.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ML has a poor technical rating and the quality of the setup is also only medium 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
29.05
35.71
When analyzing the support we notice one important area.
- Support @29.34 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.13 to 32.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.81 to 34.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.61 to 35.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.14
Mansfield-0.56
10 Day High32.08
10 Day Low28.85
20 Day High33.18
20 Day Low28.47
52 Week High38.52
52 Week Low28.47
Performance
1 Week4.39%
2 Weeks9.49%
1 Month-2.36%
3 Month-6.94%
6 Month0.71%
12 Month-11.9%
2 Year8.84%
3 Year5.43%
5 Year40.88%
10 Year25.94%
15 Year128.76%
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)0.2
RSI(14)50.29
LBB28.5
UBB31.73
EPA:ML (4/25/2025, 5:36:15 PM)
31.38
+0.53 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg1.72%
1 Week4.39%
2 Weeks9.49%
1 Month-2.36%
3 Month-6.94%
6 Month0.71%
12 Month-11.9%
2 Year8.84%
3 Year5.43%
5 Year40.88%
10 Year25.94%
15 Year128.76%
Volatility
ATR(14)1.02
ATR(20)%3.01%
ATR Inc-23.93%
Range Today0.85
ADR(20)0.81
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.14
Mansfield-0.56
10 Day High32.08
10 Day Low28.85
20 Day High33.18
20 Day Low28.47
52 Week High38.52
52 Week Low28.47
CS1 End29.34
CR1 Start32.06
Volume & EV
DER(3)1.03%
DER(5)1.55%
Volume1.00M
Volume Incr-34.08%
Vol(5)1.42M
Vol(50)2.07M