GROUPE CARNIVOR (MLGRC.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:MLGRC - FR0000076960 - Common Stock
We assign a technical rating of 6 out of 10 to MLGRC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
MLGRC has an average technical rating and the quality of the presented setup is also not ideal 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
15.35
5 important support areas can be observed.
- A support zone ranging from 20.91 to 21.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.52 from a trend line in the daily time frame.
- A support zone ranging from 16.38 to 16.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.79 from a trend line in the weekly time frame.
- Support @15.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.20 to 23.21. 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 | UP | POSITIVE | The long term trend for MLGRC.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLGRC.PA is up. |
| ChartMill Relative Strength | 93.65 | POSITIVE | MLGRC.PA has a high relative strength, it outperformed 93.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MLGRC.PA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MLGRC.PA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 57.65 | NEUTRAL | The RSI value for MLGRC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests MLGRC.PA has a positive trend. |
| Stochastics (14,3) | 98.85 | OVERBOUGHT | The high Stochastics value suggests MLGRC.PA may be overbought. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for MLGRC.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for MLGRC.PA suggests a weak or negative trend. |
EPA:MLGRC (1/6/2026, 7:00:00 PM)
23.2
0 (0%)
GROUPE CARNIVOR / MLGRC.PA FAQ
What is the technical rating for MLGRC stock?
ChartMill assigns a technical rating of 6 / 10 to MLGRC.PA.
Can you provide the trend direction for GROUPE CARNIVOR?
The current trend direction for GROUPE CARNIVOR (MLGRC.PA) is Bullish.
Can you provide the RSI signal for GROUPE CARNIVOR?
GROUPE CARNIVOR (MLGRC.PA) has an RSI value of 57.6548. This indicates that the stock is currently neutral.
What is the short term momentum for GROUPE CARNIVOR (MLGRC.PA) stock?
The short term momentum for GROUPE CARNIVOR (MLGRC.PA) is positive.
Can you provide the support and resistance levels for GROUPE CARNIVOR?
GROUPE CARNIVOR (MLGRC.PA) has a support level at 21.15 and a resistance level at 23.2. Check the full technical report for our detailed analysis of MLGRC.PA support and resistance levels.