MICHELIN (CGDE) (MCHA.DE) Technical Analysis
FRA:MCHA • FR001400AJ45
Current stock price
MCHA.DE Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to MCHA. In the last year, MCHA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, MCHA is a bad performer in the overall market: 100% of all stocks are doing better.
- MCHA is one of the lesser performing stocks in the Automobile Components industry. 93% of 32 stocks in the same industry do better.
- In the last month MCHA has a been trading in the 28.26 - 34.65 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: MCHA has an average volume of 738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
MCHA.DE Weekly and Daily overview Charts
MCHA.DE Setup Rating and Analysis
The technical rating of MCHA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MCHA.DE Support and Resistance Analysis
27.97
We found 1 important support area.
- A support zone ranging from 28.25 to 28.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
MCHA.DE 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 | UP | POSITIVE | The long term trend for MCHA.DE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCHA.DE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MCHA.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCHA.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MCHA.DE is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 33.33 | NEUTRAL | The RSI value for MCHA.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests MCHA.DE has a negative trend. |
| Stochastics (14,3) | 3.17 | OVERSOLD | The low Stochastics value suggests MCHA.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for MCHA.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 29.53 | POSITIVE | The high ADX value value for MCHA.DE suggests a strong trend. |
MCHA.DE Chart- and CandleStick Pattern Analysis
MCHA.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:MCHA (3/20/2026, 7:00:00 PM)
28.26
-0.76 (-2.62%)
MICHELIN (CGDE) / MCHA.DE TA FAQ
Can you provide the ChartMill technical rating for MICHELIN (CGDE)?
ChartMill assigns a technical rating of 2 / 10 to MCHA.DE.
What is the current trend direction of MICHELIN (CGDE) (MCHA.DE) stock?
The current trend direction for MICHELIN (CGDE) (MCHA.DE) is Bullish.
Can you provide the RSI signal for MICHELIN (CGDE)?
MICHELIN (CGDE) (MCHA.DE) has an RSI value of 33.3277. This indicates that the stock is currently neutral.
What is the short term momentum for MICHELIN (CGDE) (MCHA.DE) stock?
The short term momentum for MICHELIN (CGDE) (MCHA.DE) is negative.
What is the support and resistance level for MCHA stock?
MICHELIN (CGDE) (MCHA.DE) has a support level at 28.25. Check the full technical report for our detailed analysis of MCHA.DE support and resistance levels.