MICHELIN (CGDE) (ML.PA)

FR001400AJ45 - Common Stock

36.47  +0.35 (+0.97%)

Technical Rating and Analysis

6

Taking everything into account, ML scores 6 out of 10 in our technical rating. In the last year, ML was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

When comparing the yearly performance of all stocks, we notice that ML is one of the better performing stocks in the market, outperforming 82% of all stocks.
ML is one of the better performing stocks in the Automobile Components industry, it outperforms 93% of 30 stocks in the same industry.
ML is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ML is performing more or less in line with the market.
In the last month ML has a been trading in the 34.14 - 37.01 range, which is quite wide. It is currently trading near the high of this range.
ML has an average volume of 1538680 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!
Weekly and Daily overview Charts
ML Weekly chart
ML Daily chart
Setup Rating and Analysis

3

ML has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

26.68

38.76

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 33.92 to 35.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @31.60 from a trend line in the weekly time frame.
  • Support @26.95 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @37.65 from a horizontal line in the weekly time frame.
  • Resistance @38.38 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
CRS82.14
Mansfield-0.01
10 Day High36.42
10 Day Low34.14
20 Day High37.01
20 Day Low34.14
52 Week High38.52
52 Week Low26.54
Performance
1 Week5.13%
2 Weeks3.75%
1 Month0.79%
3 Month2.18%
6 Month16.46%
12 Month21.68%
2 Year33.98%
3 Year5.72%
5 Year44.93%
10 Year77.41%
15 Year187.37%
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)61.35
LBB33.83
UBB36.09
ML Daily chart

MICHELIN (CGDE)

EPA:ML (7/26/2024, 7:00:00 PM)

36.47

+0.35 (+0.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.97%
1 Week5.13%
2 Weeks3.75%
1 Month0.79%
3 Month2.18%
6 Month16.46%
12 Month21.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.51
ATR(20)%1.65%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High36.42
10 Day Low34.14
20 Day High37.01
20 Day Low34.14
52 Week High38.52
52 Week Low26.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.94M
Volume Incr4.36%
Vol(5)1.43M
Vol(50)1.54M