MICHELIN Stock Report (ml.pa)

FreeStockResearch

Contents

Intuitive and Independent Stock Research

Time to sell MICHELIN stock? Want to purchase MICHELIN stock? 
Need to buy MICHELIN stock? Ready to get rid of MICHELIN stock? 
 
Check FREE Technical Report for MICHELIN (ticker: ml.pa) stock and decide 
Updated regularly - Last update on 04-May-2012 
NEW features added constantly

Return and volatility forecasts, Value at Risk (VaR), Volume

Return on MICHELIN (ml.pa) stock follows ARMA(0,5)-GARCH(1,1) model (Student-t errors)
Given current MICHELIN stock close price of 54.45 the forecast for the next: 
    '1 week'    '2 weeks'    '3 weeks'    '4 weeks'
    '54.30'     '54.46'      '54.46'      '54.43'  

Probability of MICHELIN stock close price to increase in the next: 
    '1 week'    '2 weeks'    '3 weeks'    '4 weeks'
    '46.93%'    '52.32%'     '50.03%'     '49.68%' 

Value at Risk (VaR) for $1,000 worth of MICHELIN stock at 5 percent probability: 
Lose at most $46.43 in 1 day, $254.32 in 30 days and $440.50 in 90 days

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% invest in MICHELIN stock, ml.pa stock report, 

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Stock price, return, high and low

Price fundamentals for MICHELIN (ml.pa) stock 
 
MICHELIN stock price change in percent over the last: 
    '30 days'     '6 months'    '1 year'       '3 years' 
    '-4.0867%'    '4.9537%'     '-17.9104%'    '31.2997%'

Average daily return (continuously compounded) for MICHELIN stock over the last: 
    '30 days'     '6 months'    '1 year'      '3 years'
    '-0.1138%'    '0.0641%'     '-0.0866%'    '0.0402%'

OVER THE LAST YEAR:
The minimum MICHELIN stock close price of 40.73 was observed on 04-Oct-2011 
The maximum MICHELIN stock close price of 67.70 was observed on 04-Jul-2011 
Current close price of MICHELIN (54.45) as a percent of range is equal to 50.87% 
 
The lowest one-day return (i.e. largest price drop for MICHELIN stock) 
 of -8.55% was observed on 08-Aug-2011 
The highest one-day return (i.e. largest price increase for MICHELIN stock) 
 of 7.77% was observed on 27-Sep-2011 

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Technical Analysis: RSI and MACD

RSI readings of MICHELIN share greater than 70 are in overbought territory, 
while RSI below 30 is oversold region. RSI 30 to 70 is neutral.
Buy MICHELIN stocks when the MACD line crosses up through the signal line.
Sell MICHELIN shares when MACD line crosses down through the signal line.

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Technical Analysis: Accumulation/Distribution oscillator and Momentum

The Accumulation/Distribution oscillator is a common tool based on the high,
low, opening, and closing prices of MICHELIN share for each tradind day.
Momentum calculates the difference between two prices separated by 12 days.

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Technical Analysis: Chaikin oscillator and Chaikin volatility

This Chaikin oscillator is computed by subtracting exponential,
moving average of the A/D line of MICHELIN stock from the three-period
exponential moving average of the A/D line.
Chaikin volatility is computed from a 10-period exponential moving
average and 10-day difference of MICHELIN stock.

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Technical Analysis: Williams %R and On-Balance volume

MICHELIN equity is considered oversold if Williams R is below -80.
MICHELIN share is overbought if Williams R is above -20. 
On-Balance Volume for MICHELIN stock adds or subtracts volume to
a total depending on whether MICHELIN price moves up or down.

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Stock performance compared to Dow Jones Index

Does MICHELIN (ml.pa) stock go together with Dow Jones Index? 
 
Correlation between return on MICHELIN stock and Dow Jones Index over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '23.82%'     '32.04%'      '34.15%'    '17.69%' 

Percent of time when return on MICHELIN stock was higher than on Dow Jones Index 
 over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '45.45%'     '48.82%'      '47.83%'    '50.46%' 

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Stock performance compared to GOLD ETF (gld)

Does MICHELIN (ml.pa) stock go together with GOLD ETF? 
 
Correlation between return on MICHELIN stock and GOLD ETF over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '2.64%'      '10.45%'      '-5.26%'    '-1.69%' 

Percent of time when return on MICHELIN stock was higher than on GOLD ETF 
 over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '45.45%'     '49.61%'      '47.83%'    '50.20%' 

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Stock performance compared to Physical Silver (slv)

Does MICHELIN (ml.pa) stock go together with Physical Silver? 
 
Correlation between return on MICHELIN stock and Physical Silver over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '0.40%'      '10.90%'      '3.60%'     '1.57%'  

Percent of time when return on MICHELIN stock was higher than on Physical Silver 
 over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '45.45%'     '52.76%'      '47.04%'    '48.88%' 

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% invest in MICHELIN stock, ml.pa stock report, 

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