MICHELIN (CGDE) (ML.PA) Stock Technical Analysis
Europe - EPA:ML - FR001400AJ45 - Common Stock
Taking everything into account, ML scores 1 out of 10 in our technical rating. ML's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ML has a poor technical rating and the quality of the setup is also 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
27.59
We found 1 important support area.
- A support zone ranging from 27.87 to 28.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.59 to 31.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.58 to 33.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for ML.PA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ML.PA is neutral. |
| ChartMill Relative Strength | 13.25 | NEGATIVE | ML.PA has a low relative strength, it was outperformed by 86.75% off all stocks 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) | 53.87 | NEUTRAL | The RSI value for ML.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests ML.PA has a positive trend. |
| Stochastics (14,3) | 91.56 | OVERBOUGHT | The high Stochastics value suggests ML.PA may be overbought. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for ML.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.46 | POSITIVE | The high ADX value value for ML.PA suggests a strong trend. |
EPA:ML (11/11/2025, 7:00:00 PM)
28.87
+0.4 (+1.4%)
MICHELIN (CGDE) / ML.PA FAQ
What is the ChartMill technical rating of MICHELIN (CGDE) (ML.PA) stock?
ChartMill assigns a technical rating of 1 / 10 to ML.PA.
What is the trend direction for ML 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 53.8663. This indicates that the stock is currently neutral.
What is the short term momentum for MICHELIN (CGDE) (ML.PA) stock?
The short term momentum for MICHELIN (CGDE) (ML.PA) is neutral.