GALEO CONCEPT (MLGAL.PA) Technical Analysis
EPA:MLGAL • FR0011100759
Current stock price
MLGAL.PA Technical Rating and Analysis
Overall MLGAL gets a technical rating of 10 out of 10. 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 245 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MLGAL did better than 96% of all other stocks.
- MLGAL is part of the Household Products industry. There are 11 other stocks in this industry. MLGAL outperforms 100% of them.
- A new 52 week high is currently being made by MLGAL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so MLGAL is leading the market.
- In the last month MLGAL has a been trading in the 2.16 - 2.68 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MLGAL.PA Weekly and Daily overview Charts
MLGAL.PA Setup Rating and Analysis
Although MLGAL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MLGAL.PA Support and Resistance Analysis
1.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.31 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.13 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.37 from a horizontal line in the weekly time frame.
MLGAL.PA Technical Indicator Signal Analysis
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 | 96.91 | POSITIVE | MLGAL.PA has a high relative strength, it outperformed 96.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLGAL.PA is above 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) | 62.23 | NEUTRAL | The RSI value for MLGAL.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MLGAL.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.61 | NEUTRAL | The Stochastics value for MLGAL.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for MLGAL.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for MLGAL.PA suggests a possible start of a new trend. |
MLGAL.PA Chart- and CandleStick Pattern Analysis
MLGAL.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:MLGAL (3/24/2026, 7:00:00 PM)
2.68
+0.34 (+14.53%)
GALEO CONCEPT / MLGAL.PA TA FAQ
Can you provide the ChartMill technical rating for GALEO CONCEPT?
ChartMill assigns a technical rating of 10 / 10 to MLGAL.PA.
Can you provide the trend direction for GALEO CONCEPT?
The current trend direction for GALEO CONCEPT (MLGAL.PA) is Bullish.
What is the RSI signal for MLGAL stock?
GALEO CONCEPT (MLGAL.PA) has an RSI value of 62.2304. This indicates that the stock is currently neutral.
What is the MACD signal for GALEO CONCEPT (MLGAL.PA) stock?
The MACD indicator for GALEO CONCEPT (MLGAL.PA) has a value of -0.00380772, indicating a bearish trend.
Can you provide the support and resistance levels for GALEO CONCEPT?
GALEO CONCEPT (MLGAL.PA) has a support level at 2.41. Check the full technical report for our detailed analysis of MLGAL.PA support and resistance levels.