MICHELIN (CGDE) (ML.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:ML - FR001400AJ45 - Common Stock
30.12 EUR
0 (0%)
We assign a technical rating of 5 out of 10 to ML. In the past year, ML was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, ML is a bad performer in the overall market: 64% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ML has a been trading in the 27.77 - 30.42 range, which is quite wide. It is currently trading near the high of this range.
- ML has an average volume of 1828910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ML is an average performer in the Automobile Components industry, it outperforms 45% of 32 stocks in the same industry.
- ML is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ML is lagging the market.
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.
More info and screens
26.79
34.96
When analyzing the support we can see 4 important areas.
- Support @29.86 from a trend line in the weekly time frame.
- A support zone ranging from 28.29 to 29.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.69 from a horizontal line in the daily time frame.
- A support zone ranging from 27.06 to 27.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @30.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 30.95 to 31.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.61 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for ML.PA is up. |
| ChartMill Relative Strength | 36.48 | 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) | UP | POSITIVE | The current price of ML.PA is above the rising 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) | 77.64 | OVERBOUGHT | The high RSI value suggests ML.PA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ML.PA has a positive trend. |
| Stochastics (14,3) | 95.06 | OVERBOUGHT | The high Stochastics value suggests ML.PA may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for ML.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for ML.PA suggests a strong trend. |
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)
EPA:ML (1/14/2026, 5:36:15 PM)
30.12
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0%
1 Week2.8%
2 Weeks6.73%
1 Month8%
3 Month11.23%
6 Month-6.49%
12 Month-8.48%
2 Year-2.27%
3 Year4.02%
5 Year5.78%
10 Year43.33%
15 Year126.59%
Volatility
ATR(14)0.4
ATR(20)%1.33%
ATR Inc72.84%
Range Today0.41
ADR(20)0.4
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.48
3 months CRS84.01
6 months CRS17.18
Mansfield-1.41
10 Day High30.42
10 Day Low28.1
20 Day High30.42
20 Day Low27.77
52 Week High35.7
52 Week Low25.51
CS1 End29.86
CR1 Start30.13
Volume & EV
DER(3)-1.38%
DER(5)-2.17%
Volume737.63K
Volume Incr18%
Vol(5)1.88M
Vol(50)1.83M
MICHELIN (CGDE) / ML.PA FAQ
What is the ChartMill technical rating of MICHELIN (CGDE) (ML.PA) stock?
ChartMill assigns a technical rating of 5 / 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.
What is the RSI signal for MICHELIN (CGDE) (ML.PA) stock?
MICHELIN (CGDE) (ML.PA) has an RSI value of 77.6424. This indicates that the stock is currently overbought.
Can you provide the short term momentum for MICHELIN (CGDE)?
The short term momentum for MICHELIN (CGDE) (ML.PA) is positive.