GROUPE CARNIVOR (MLGRC.PA) Stock Technical Analysis
EPA:MLGRC - Euronext Paris - Matif - FR0000076960 - Common Stock - Currency: EUR
Overall MLGRC gets a technical rating of 0 out of 10. MLGRC'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.
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, MLGRC is a bad performer in the overall market: 91% of all stocks are doing better.
MLGRC is part of the Consumer Staples Distribution & Retail industry. There are 24 other stocks in this industry, of which 82% are performing better than MLGRC.
MLGRC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MLGRC has a been trading in the 14.50 - 20.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MLGRC has an average volume of 125 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
The technical rating of MLGRC 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
14.35
16.17
3 important support areas can be observed.
- Support @15.39 from a horizontal line in the weekly time frame.
- Support @15.01 from a trend line in the daily time frame.
- Support @14.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.90 to 16.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 MLGRC.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLGRC.PA is down. |
| ChartMill Relative Strength | 9.63 | NEGATIVE | MLGRC.PA has a low relative strength, it was outperformed by 90.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLGRC.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLGRC.PA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 31.42 | NEUTRAL | The RSI value for MLGRC.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests MLGRC.PA has a positive trend. |
| Stochastics (14,3) | 50.83 | NEUTRAL | The Stochastics value for MLGRC.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for MLGRC.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.74 | POSITIVE | The high ADX value value for MLGRC.PA suggests a strong 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:MLGRC (2/20/2025, 7:00:00 PM)
15.4
-0.6 (-3.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-3.75%
1 Week-3.75%
2 Weeks-3.75%
1 Month-26.67%
3 Month-43.8%
6 Month-9.41%
12 Month17.56%
2 Year-9.41%
3 Year-12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%3.83%
ATR Inc-49.4%
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
CRS9.63
Mansfield-4.55
10 Day High16
10 Day Low15.4
20 Day High20
20 Day Low14.5
52 Week High29.8
52 Week Low10.5
CS1 End15.39
CR1 Start15.9
Volume & EV
DER(3)0%
DER(5)0%
Volume140
Volume Incr41.57%
Vol(5)212
Vol(50)125.64