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Compagnie Générale des Établissements Michelin Société en commandite par actions

MGDDY•PNK
Consumer Cyclical
Auto - Parts
$17.09
$-0.22(-1.27%)
U.S. Market opens in 55h 15m

Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Compagnie Générale des Établissements Michelin Société en commandite par actions (PNK:MGDDY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGDDY Technical Analysis Summary

Compagnie Générale des Établissements Michelin Société en commandite par actions stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.59)
Trend Strength:Strong (ADX: 36.49)
Volatility:Medium (ATR: 0.41)
Support/Resistance:$16.12 – $18.00 (Bollinger Bands)

Technical conditions suggest Compagnie Générale des Établissements Michelin Société en commandite par actions is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 77.53

Bullish
Buying momentum building without extremes.

Williams %R: -25.64

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.18

Bullish
Steady upward momentum.

Takeaway:Compagnie Générale des Établissements Michelin Société en commandite par actions shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.43

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.49

Strong
Strong trend, momentum well established.

ATR (14): 0.41

Low
Low volatility, stable price action.

CCI (14): 75.39

Bullish
Bullish, momentum building upward.

Takeaway:Compagnie Générale des Établissements Michelin Société en commandite par actions shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$18.00
Middle Band (SMA 20)
$17.06
Lower Band
$16.12
Current Position
Within Bands

Takeaway:Compagnie Générale des Établissements Michelin Société en commandite par actions trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$18.09
Middle Line (EMA 20)
$17.26
Lower Channel
$16.43
Squeeze Status
No Squeeze

Takeaway:Compagnie Générale des Établissements Michelin Société en commandite par actions trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-606.95K
Money Flow Index32.01Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.33Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGDDY shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Compagnie Générale des Établissements Michelin Société en commandite par actions, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Compagnie Générale des Établissements Michelin Société en commandite par actions shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ