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Compagnie Générale des Établissements Michelin Société en commandite par actions

ML.PA•EURONEXT
Consumer Cyclical
Auto - Parts
€30.20
€-0.09(-0.30%)
U.S. Market is Open • 13:09

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

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

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

ML.PA Technical Analysis Summary

Compagnie Générale des Établissements Michelin Société en commandite par actions stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.62)
Trend Strength:Moderate (ADX: 27.31)
Volatility:Medium (ATR: 0.78)
Support/Resistance:$28.29 – $30.62 (Bollinger Bands)

Overall, Compagnie Générale des Établissements Michelin Société en commandite par actions remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 52.62

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 85.07

Bearish
Overbought levels may trigger pullback.

Williams %R: -14.20

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.02

Strongly Bullish
Strong upside momentum.

Takeaway:Compagnie Générale des Établissements Michelin Société en commandite par actions shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.31

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.31

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.78

Low
Low volatility, stable price action.

CCI (14): 125.67

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Compagnie Générale des Établissements Michelin Société en commandite par actions shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.62
Middle Band (SMA 20)
$29.46
Lower Band
$28.29
Current Position
Within Bands

Takeaway:Compagnie Générale des Établissements Michelin Société en commandite par actions trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$31.53
Middle Line (EMA 20)
$29.97
Lower Channel
$28.41
Squeeze Status
Squeeze On

Takeaway:Compagnie Générale des Établissements Michelin Société en commandite par actions trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.00M
Money Flow Index41.76Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.97Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ML.PA shows neutral money flow, with no clear directional pressure.

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

RSI above 50 → positive momentum from buyers.

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:Technical indicators for Compagnie Générale des Établissements Michelin Société en commandite par actions are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ