CMG CLEAN TECH SA (MLCMG.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:MLCMG - FR0013406881 - Common Stock
We assign a technical rating of 0 out of 10 to MLCMG. MLCMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MLCMG is a bad performer in the overall market: 100% of all stocks are doing better.
- MLCMG is one of the lesser performing stocks in the Metals & Mining industry. 73% of 43 stocks in the same industry do better.
- MLCMG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MLCMG has a been trading in the 0.28 - 0.37 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: MLCMG has an average volume of 23879 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
The technical rating of MLCMG 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
0.28
When analyzing the resistance we notice one important area.
- Resistance @0.34 from a trend 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 | DOWN | NEGATIVE | The long term trend for MLCMG.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLCMG.PA is down. |
| ChartMill Relative Strength | 0.85 | NEGATIVE | MLCMG.PA has a low relative strength, it was outperformed by 99.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLCMG.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLCMG.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLCMG.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.09 | OVERSOLD | The low RSI value suggests MLCMG.PA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MLCMG.PA has a positive trend. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for MLCMG.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 46.77 | POSITIVE | The high ADX value value for MLCMG.PA suggests a strong trend. |
EPA:MLCMG (12/30/2025, 7:00:00 PM)
0.28
0 (0%)
CMG CLEAN TECH SA / MLCMG.PA FAQ
Can you provide the ChartMill technical rating for CMG CLEAN TECH SA?
ChartMill assigns a technical rating of 0 / 10 to MLCMG.PA.
Can you provide the trend direction for CMG CLEAN TECH SA?
The current trend direction for CMG CLEAN TECH SA (MLCMG.PA) is Bearish.
Can you provide the RSI signal for CMG CLEAN TECH SA?
CMG CLEAN TECH SA (MLCMG.PA) has an RSI value of 23.0943. This indicates that the stock is currently oversold.
What is the short term momentum for MLCMG stock?
The short term momentum for CMG CLEAN TECH SA (MLCMG.PA) is negative.
What is the buy/sell signal for CMG CLEAN TECH SA (MLCMG.PA) stock?
The buy/sell signal for CMG CLEAN TECH SA (MLCMG.PA) is sell as both the short term and long term trends are negative.