NETMEDIA GROUP

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ALNMG
ISIN:	FR0000072993

NETMEDIA GROUP - Daily - Technical analysis published on 04/21/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

44%

28%

My opinion

Bullish above 0.0921 EUR

My targets

0.1056 EUR (+2.52%)

0.1065 EUR (+3.40%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for NETMEDIA GROUP as long as the price remains well above 0.0921 EUR. The buyers' bullish objective is set at 0.1056 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.1065 EUR. If there is any crossing, the next objective would be the resistance located at 0.1378 EUR.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

2.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

NETMEDIA GROUP rating 0.1030 EUR. On the day, this instrument gained +22.62% with the lowest point at 0.0820 EUR and the highest point at 0.1046 EUR. The deviation from the price is +25.61% for the low point and -1.53% for the high point.

0.0820

0.1046

0.1030

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NETMEDIA GROUP:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in Daily of this NETMEDIA GROUP chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.0830	0.1030	0.1056	0.1378	0.1662
Change (%)	-19.42%	-	+2.52%	+33.79%	+61.36%
Change	-0.0200	-	+0.0026	+0.0348	+0.0632
Level	Major	-	Major	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0792	0.0813	0.0827	0.0848	0.0862	0.0883	0.0897
Camarilla	0.0830	0.0834	0.0837	0.0840	0.0843	0.0846	0.0850
Woodie	0.0788	0.0811	0.0823	0.0846	0.0858	0.0881	0.0893
Fibonacci	0.0813	0.0827	0.0835	0.0848	0.0862	0.0870	0.0883

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0793	0.0821	0.0843	0.0871	0.0893	0.0921	0.0943
Camarilla	0.0851	0.0856	0.0860	0.0865	0.0870	0.0874	0.0879
Woodie	0.0790	0.0820	0.0840	0.0870	0.0890	0.0920	0.0940
Fibonacci	0.0821	0.0840	0.0852	0.0871	0.0890	0.0902	0.0921

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0047	0.0352	0.0666	0.1065	0.1379	0.1778	0.2092
Camarilla	0.0784	0.0849	0.0915	0.0980	0.1045	0.1111	0.1176
Woodie	-0.0090	0.0331	0.0624	0.1044	0.1337	0.1757	0.2050
Fibonacci	0.0352	0.0624	0.0793	0.1065	0.1337	0.1506	0.1778

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	55.46
MACD (12,26,9):	-0.0034
Directional Movement:	8.1229
AROON (14):	-100.0000
DEMA (21):	0.0909
Parabolic SAR (0,02-0,02-0,2):	0.1078
Elder Ray (13):	0.0001
Super Trend (3,10):	0.1096
Zig ZAG (10):	0.1038
VORTEX (21):	0.9469
Stochastique (14,3,5):	21.65
TEMA (21):	0.0877
Williams %R (14):	-52.63
Chande Momentum Oscillator (20):	0.0090
Repulse (5,40,3):	19.0182
ROCnROLL:	-1
TRIX (15,9):	-0.4303
Courbe Coppock:	43.85

MA7:	0.0891
MA20:	0.1025
MA50:	0.1017
MA100:	0.1012
MAexp7:	0.0916
MAexp20:	0.0951
MAexp50:	0.0993
MAexp100:	0.1049
Price / MA7:	+15.60%
Price / MA20:	+0.49%
Price / MA50:	+1.28%
Price / MA100:	+1.78%
Price / MAexp7:	+12.45%
Price / MAexp20:	+8.31%
Price / MAexp50:	+3.73%
Price / MAexp100:	-1.81%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on NETMEDIA GROUP. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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