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Compagnie Générale des Établissements Michelin Société en commandite par actions

Compagnie Générale des Établissements Michelin Société en commandite par actions technical analysis

ML.PA Updated daily

Technical analysis of Compagnie Générale des Établissements Michelin Société en commandite par actions (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.

What is Compagnie Générale des Établissements Michelin Société en commandite par actions

Compagnie Générale des Établissements Michelin is a French company organized as a société en commandite par actions. The group operates in the tire manufacturing sector and related products.

Description generated automatically from public sources; it may be inaccurate or out of date.

Compagnie Générale des Établissements Michelin Société en commandite par actions: latest session data

Closing values for October 16, 2026, computed on the last 12 months of prices.

Close33.67 €
Change−1.23%
RSI (14)49.6
MACD-0.051
ADX11.8
Volatility (ATR)1.66%
Volume vs 20-avg110%
12-month high35.72 €
12-month low29.24 €

Moving averages

21 sessions

33.56 €

+0.32%

50 sessions

34.02 €

−1.04%

200 sessions

31.93 €

+5.43%

Session levels

s2

33.54

Support

s1

33.82

Support

pivot

33.99

Pivot

r1

34.27

Resistance

r2

34.44

Resistance

How to read it

In the October 16, 2026 session Compagnie Générale des Établissements Michelin Société en commandite par actions closed lower at 33.67 €, −1.23% versus the previous session.

The price sits mixed against its moving averages: +0.32% against the 21-session average, −1.04% against the 50 and +5.43% against the 200.

The 14-period RSI reads 49.6, in neutral territory.

MACD stands at -0.051 against a signal line at -0.134: the histogram is positive (+0.083).

ADX reads 11.8, indicating weak directionality.

Levels computed on the latest session place supports at 33.82 and 33.54 € and resistances at 34.27 and 34.44 €, around a pivot of 33.99.

The average daily range (ATR) is 0.560 €, or 1.66% of price.

Turnover was 1.4M shares, 110% of the 20-session average.

Over the last twelve months the price ranged between 29.24 and 35.72 €, and today stands −5.74% from the period high.

Measures computed on closing prices. They describe the past; they are not forecasts.

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How Montbon’s technical analysis works

Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.

Elliott Waves

Wave counting to frame the price structure.

MTF moving averages

Moving averages across timeframes to read the trend.

0–100 score

A technical summary of the setup, updated daily.

Read the full Montbon Score methodology →

FAQ about Compagnie Générale des Établissements Michelin Société en commandite par actions

How is Compagnie Générale des Établissements Michelin Société en commandite par actions analysed technically?

Technical analysis of Compagnie Générale des Établissements Michelin Société en commandite par actions is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.

Which timeframes are used for Compagnie Générale des Établissements Michelin Société en commandite par actions?

The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.

What are Elliott Waves applied to Compagnie Générale des Établissements Michelin Société en commandite par actions?

Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Compagnie Générale des Établissements Michelin Société en commandite par actions it helps frame the technical structure of the historical chart and is not a forecast.

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