MICHELIN (CGDE) (ML.PA)
FR001400AJ45 - Common Stock
We assign a technical rating of 1 out of 10 to ML. ML scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
82% of all other stocks performed better in the past year than ML.
ML is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ML is one of the better performing stocks in the Automobile Components industry, it outperforms 74% of 28 stocks in the same industry.
In the last month ML has a been trading in the 30.17 - 32.46 range, which is quite wide. It is currently trading near the high of this range.
ML has an average volume of 1454760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ML is bad and it also does not present a 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.
More info and screens
30.18
38.16
We found 1 important support area.
- A support zone ranging from 30.48 to 31.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 31.97 to 32.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.42 to 36.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 37.64 to 37.78. 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
CRS18.52
Mansfield-1.83
10 Day High32.16
10 Day Low30.17
20 Day High32.46
20 Day Low30.17
52 Week High38.52
52 Week Low30.06
Performance
1 Week3.93%
2 Weeks2.77%
1 Month1.82%
3 Month-9.64%
6 Month-15.09%
12 Month0.13%
2 Year22.99%
3 Year-11.31%
5 Year17.18%
10 Year69.84%
15 Year138.6%
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)0.19
RSI(14)56.77
LBB30.32
UBB31.73
MICHELIN (CGDE)
EPA:ML (12/6/2024, 7:00:00 PM)
31.96
+0.39 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg1.24%
1 Week3.93%
2 Weeks2.77%
1 Month1.82%
3 Month-9.64%
6 Month-15.09%
12 Month0.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.52
ATR(20)%1.81%
ATR Inc
Range Today0.63
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 High32.16
10 Day Low30.17
20 Day High32.46
20 Day Low30.17
52 Week High38.52
52 Week Low30.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.45M
Volume Incr0.14%
Vol(5)1.41M
Vol(50)1.45M