GALEO CONCEPT (MLGAL.PA) Stock Technical Analysis
EPA:MLGAL - Euronext Paris - Matif - FR0011100759 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to MLGAL. Both in the recent history as in the last year, MLGAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: MLGAL has an average volume of 136 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
MLGAL is part of the Household Products industry. There are 9 other stocks in this industry. MLGAL outperforms 100% of them.
Looking at the yearly performance, MLGAL did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
MLGAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLGAL is lagging the market.
In the last month MLGAL has a been trading in the 1.39 - 2.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MLGAL has an excellent technical rating, it does not present a decent entry opportunity 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
1.01
2.57
2 important support areas can be observed.
- Support @1.60 from a trend line in the weekly time frame.
- Support @1.02 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.03 to 2.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.46 from a trend line in the daily time frame.
- Resistance @2.54 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 | UP | POSITIVE | The long term trend for MLGAL.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLGAL.PA is up. |
| ChartMill Relative Strength | 89.03 | POSITIVE | MLGAL.PA has a high relative strength, it outperformed 89.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MLGAL.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLGAL.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLGAL.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.78 | NEUTRAL | The RSI value for MLGAL.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MLGAL.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.76 | NEUTRAL | The Stochastics value for MLGAL.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.51 | HIGH VOLATILITY | The high ATR as a percentage value for MLGAL.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for MLGAL.PA suggests a possible start of a new 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:MLGAL (7/22/2025, 7:00:00 PM)
2.02
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg0%
1 Week20.24%
2 Weeks45.32%
1 Month14.77%
3 Month75.65%
6 Month146.34%
12 Month-19.2%
2 Year165.79%
3 Year37.42%
5 Year573.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%8.51%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%0%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.03
Mansfield1.58
10 Day High2.02
10 Day Low1.39
20 Day High2.5
20 Day Low1.39
52 Week High2.68
52 Week Low0.65
CS1 End1.6
CR1 Start2.03
Volume & EV
DER(3)0%
DER(5)0%
Volume52
Volume Incr-50.75%
Vol(5)72
Vol(50)136.46