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MGDDY Stock CIE GENERALE DES ETABLISSEMENTS MICHELIN SA CLERMONT-FERRAND (MGDDY, $18.72) RSI Indicator left the oversold zone on July 10, 2024

A.I.dvisor
at Tickeron.com
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MGDDY - CIE GENERALE DES ETABLISSEMENTS MICHELIN SA CLERMONT-FERRAND
RSI signal
Bullish Trend
Odds of UP Trend
Tickeron
RSI signal
Price: $18.72
Daily change: -$0.06 (-0.32%)
Daily volume: 118.1K
Capitalization: $26.8B
Industry: Auto Parts: OEM
This is a signal that MGDDY's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 25 similar cases where MGDDY's RSI Indicator left the oversold zone, and in of them led to a successful outcome. Odds of Success:

MGDDY in +1.48% Uptrend, growing for three consecutive days on December 13, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where MGDDY advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 05, 2024. You may want to consider a long position or call options on MGDDY as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

MGDDY moved below its 50-day moving average on December 16, 2024 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for MGDDY moved below the 200-day moving average on November 13, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MGDDY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MGDDY broke above its upper Bollinger Band on December 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for MGDDY entered a downward trend on December 11, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.211) is normal, around the industry mean (12.167). P/E Ratio (8.897) is within average values for comparable stocks, (44.822). MGDDY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.959). Dividend Yield (0.041) settles around the average of (0.029) among similar stocks. P/S Ratio (0.719) is also within normal values, averaging (27.378).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. MGDDY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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General Information

Industry AutoPartsOEM

Profile
Fundamentals
Details
Industry
N/A
Address
23, Place des Carmes
Phone
+33 473322000
Employees
128287
Web
https://www.michelin.com