€0.24 MLCMG.PA CMG Cleantech EURONEXT 26 Feb 2026 pre-market: Oversold bounce to €0.34
MLCMG.PA stock opens pre-market at €0.24 on EURONEXT on 26 Feb 2026, sitting at its year low and showing classic oversold signals that can produce a short-term bounce. Trading volume is thin at 6 shares so small flows can move price quickly. We outline a data-driven bounce setup, possible targets, and risk controls that connect technical oversold readings to the firm’s weak fundamentals.
Why MLCMG.PA stock looks oversold
Price sits at €0.24, equal to the year low and under the 50-day average of €0.27, which signals sustained selling pressure. Momentum indicators are extreme: RSI 0.00, Stochastic %K 0.00, SMI -100.00 and Williams %R -100.00, all consistent with deeply oversold conditions that often precede short squeezes or relief rallies.
MLCMG.PA stock technicals and bounce targets
The daily Bollinger Bands lower band is €0.23 and the middle band is €0.26, giving an initial mean-reversion target near €0.26–€0.27. Meyka AI’s short-term model and the monthly forecast suggest a near-term technical target of €0.34, implying an upside of 41.67% versus the current price of €0.24. For traders we outline an entry zone €0.24–€0.26, first profit target €0.34, and a tight stop-loss below €0.20 to control downside risk.
Fundamentals, valuation and sector context for MLCMG.PA stock
CMG Cleantech S.A. reports EPS -0.098 and a negative PE of -2.45, reflecting losses and a small market cap of €8,290,072. The company operates in Renewable Utilities but reports near-zero revenue per share and strained working capital, which makes any bounce speculative without fundamental catalysts. Against the Utilities sector (avg PE 21.99), valuation metrics are outliers and underscore why most moves will be supply-demand driven rather than earnings-driven.
Meyka AI grade and model forecast for MLCMG.PA stock
Meyka AI rates MLCMG.PA with a score out of 100: 64.63 | Grade: B | Suggestion: HOLD. This grade factors S&P 500 and sector comparison, financial growth, key metrics, forecasts, analyst consensus and fundamental growth. Meyka AI’s forecast model projects a short-term price of €0.34, implying +41.67% from €0.24; forecasts are model-based projections and not guarantees.
Liquidity, risks and trade management for the oversold bounce
Average volume is 6,812 but current volume is only 6, so liquidity risk is material and slippage will be significant on larger orders. Key risks include weak cash metrics (current ratio 0.0079), negative book value per share -€0.03, and exposure to commodity demand for granite. Position sizing, stop discipline and acceptance of high volatility are essential for anyone targeting a bounce in MLCMG.PA stock.
Catalysts, timing and what would invalidate the bounce
Near-term catalysts to watch are any trading updates, changes in working capital, or flows that push volume above the 50-day average €0.27 level; an earnings release date is listed (historical: 2024-10-29) but no confirmed near-term events. A break below €0.24 on higher volume would invalidate the oversold-bounce thesis and could open a deeper downtrend toward prior structural lows.
Final Thoughts
MLCMG.PA stock shows textbook oversold readings at €0.24 on EURONEXT, offering a short-term mean-reversion trade if volume picks up and price reclaims the Bollinger middle at €0.26. Our technical plan points to a first objective of €0.34 (Meyka AI monthly forecast) with a measured stop below €0.20 to limit downside. Fundamental metrics are weak — EPS -0.098, negative PE and minimal working capital — so any sustained rally requires either operational improvements or higher liquidity. Meyka AI assigns a 64.63 score (Grade B, HOLD) reflecting mixed prospects: technical bounce potential but fragile fundamentals. Traders focused on an oversold bounce should use small, disciplined sizes, watch for volume above the 50-day average €0.27, and treat the €0.34 figure as a model-based target, not a guarantee. For further company details and filings, see the official site and data sources below while remembering all forecasts are probabilistic and not investment advice.
FAQs
Is MLCMG.PA stock a buy after this oversold bounce
MLCMG.PA stock shows a technical bounce setup but weak fundamentals. Meyka AI grades the stock B (HOLD). A short-term trade can work with tight stops, but a buy-and-hold needs improved cash flow and higher liquidity.
What targets and stops apply for the MLCMG.PA stock bounce
A pragmatic plan: entry €0.24–€0.26, first target €0.34, stop-loss below €0.20. Adjust size for low liquidity; all levels are for analysis, not guarantees.
How reliable is Meyka AI’s MLCMG.PA stock forecast
Meyka AI’s forecast model projects €0.34 short-term and uses historical data and indicators. Forecasts are model-based projections and not guarantees; use them with risk controls and independent research.
What are the main risks for MLCMG.PA stock traders
Primary risks: extreme low volume (current 6 vs avg 6,812), weak balance sheet (current ratio 0.0079), negative earnings, and sector demand swings. These increase slippage and downside risk.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.