MICHELIN (CGDE) (MCHA.DE) Technical Analysis
FRA:MCHA • FR001400AJ45
Current stock price
MCHA.DE Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to MCHA. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MCHA is a bad performer.
- 100% of all other stocks performed better in the past year than MCHA.
- MCHA is one of the lesser performing stocks in the Automobile Components industry. 93% of 31 stocks in the same industry do better.
- Warning: MCHA has an average volume of 548 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- In the last month MCHA has a been trading in the 28.66 - 32.44 range, which is quite wide. It is currently trading near the high of this range.
MCHA.DE Weekly and Daily overview Charts
MCHA.DE Setup Rating and Analysis
MCHA has an excellent technical rating, but the quality of the setup is 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
MCHA.DE Support and Resistance Analysis
27.42
We found 2 important support areas.
- A support zone ranging from 28.26 to 28.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.70 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @31.89 from a trend line in the daily time frame.
- A resistance zone ranging from 34.48 to 34.48. 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 | UP | POSITIVE | The short term trend for MCHA.DE is up. |
| 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) | UP | POSITIVE | The current price of MCHA.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCHA.DE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.77 | NEUTRAL | The RSI value for MCHA.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests MCHA.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.64 | OVERBOUGHT | The high Stochastics value suggests MCHA.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for MCHA.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for MCHA.DE suggests a weak or negative trend. |
MCHA.DE Chart- and CandleStick Pattern Analysis
MCHA.DE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.45 | 31.43 | 1.02 (3.14%) | 25.00% |
| An entry @32.45. This is a Buy Stop order right above the 10 day high. | An exit @31.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.02 points, which is 3.14%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MCHA.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:MCHA (4/28/2026, 7:00:00 PM)
31.75
-0.45 (-1.4%)
MICHELIN (CGDE) / MCHA.DE TA FAQ
Can you provide the ChartMill technical rating for MICHELIN (CGDE)?
ChartMill assigns a technical rating of 7 / 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.
What is the RSI signal for MICHELIN (CGDE) (MCHA.DE) stock?
MICHELIN (CGDE) (MCHA.DE) has an RSI value of 54.7664. This indicates that the stock is currently neutral.
What is the MACD signal for MCHA stock?
The MACD indicator for MICHELIN (CGDE) (MCHA.DE) has a value of 0.215874, indicating a bearish trend.
What is the buy/sell signal for MCHA stock?
The buy/sell signal for MICHELIN (CGDE) (MCHA.DE) is buy as both the short term and long term trends are positive.