MICHELIN (CGDE) (ML.PA) Technical Analysis
EPA:ML • FR001400AJ45
Current stock price
ML.PA Technical Rating and Analysis
Overall ML gets a technical rating of 4 out of 10. In the last year, ML was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- ML has an average volume of 1924220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, ML turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- ML is part of the Automobile Components industry. There are 29 other stocks in this industry, ML did better than 42% of them.
- ML is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ML is lagging the market slightly.
- In the last month ML has a been trading in the 27.73 - 31.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ML.PA Weekly and Daily overview Charts
ML.PA Setup Rating and Analysis
Although the technical rating is only medium, ML does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 28.68, a Stop Loss order could be placed below this zone.
More info and screens
ML.PA Support and Resistance Analysis
26.81
We found 3 important support areas.
- A support zone ranging from 28.26 to 28.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.69 from a horizontal line in the daily time frame.
- Support @27.08 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @32.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.19 to 34.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
ML.PA 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 | NEUTRAL | NEUTRAL | The long term trend for ML.PA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ML.PA is neutral. |
| ChartMill Relative Strength | 42.11 | NEUTRAL | ML.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ML.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ML.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ML.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.61 | NEUTRAL | The RSI value for ML.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ML.PA has a positive trend. |
| Stochastics (14,3) | 76.3 | NEUTRAL | The Stochastics value for ML.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ML.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.74 | POSITIVE | The high ADX value value for ML.PA suggests a strong trend. |
ML.PA Chart- and CandleStick Pattern Analysis
ML.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:ML (4/9/2026, 2:31:15 PM)
30.09
-0.45 (-1.47%)
MICHELIN (CGDE) / ML.PA TA FAQ
What is the ChartMill technical rating of MICHELIN (CGDE) (ML.PA) stock?
ChartMill assigns a technical rating of 4 / 10 to ML.PA.
What is the current trend direction of MICHELIN (CGDE) (ML.PA) stock?
The current trend direction for MICHELIN (CGDE) (ML.PA) is Bearish.
Can you provide the RSI signal for MICHELIN (CGDE)?
MICHELIN (CGDE) (ML.PA) has an RSI value of 53.6097. This indicates that the stock is currently neutral.
What is the MACD signal for MICHELIN (CGDE) (ML.PA) stock?
The MACD indicator for MICHELIN (CGDE) (ML.PA) has a value of 0.201284, indicating a bearish trend.
What is the short term momentum for MICHELIN (CGDE) (ML.PA) stock?
The short term momentum for MICHELIN (CGDE) (ML.PA) is neutral.