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MEDIANTECHNOLOGIES
MEDIANTECHNOLOGIES
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALMDT
ISIN: FR0011049824

MEDIANTECHNOLOGIES - 1H - Technical analysis published on 07/22/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 4.140 EUR
My targets
4.308 EUR (+0.54%)
4.613 EUR (+7.65%)
My analysis
The bullish trend is currently very strong on MEDIANTECHNOLOGIES. As long as the price remains above the support at 4.140 EUR, you could try to benefit from the boom. The first bullish objective is located at 4.308 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.613 EUR as an objective. Crossing it would then enable buyers to target 5.070 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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.

pierrott
This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The MEDIANTECHNOLOGIES price is 4.285 EUR. The price has increased by +26.03% since the last closing and was between 3.660 EUR and 4.600 EUR. This implies that the price is at +17.08% from its lowest and at -6.85% from its highest.

3.660
4.600
4.285

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

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MEDIANTECHNOLOGIES:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of MEDIANTECHNOLOGIES in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.200 3.480 3.868 4.285 4.308 4.613 5.070
Change (%) -25.32% -18.79% -9.73% - +0.54% +7.65% +18.32%
Change -1.085 -0.805 -0.417 - +0.023 +0.328 +0.785
Level Minor Intermediate Major - Intermediate Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.1281.7472.5733.1924.0184.6375.463
Camarilla3.0033.1353.2683.4003.5333.6653.797
Woodie1.2331.7992.6783.2444.1234.6895.568
Fibonacci1.7472.2992.6403.1923.7444.0854.637


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5201.2602.3303.0704.1404.8805.950
Camarilla2.9023.0683.2343.4003.5663.7323.898
Woodie0.6851.3432.4953.1534.3054.9636.115
Fibonacci1.2601.9512.3793.0703.7614.1894.880


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.1451.8752.2602.9903.3754.1054.490
Camarilla2.3382.4412.5432.6452.7472.8492.952
Woodie0.9731.7892.0882.9043.2034.0194.318
Fibonacci1.8752.3012.5642.9903.4163.6794.105

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): 81.77
MACD (12,26,9): 0.3960
Directional Movement: 46.427
AROON (14): 92.857
DEMA (21): 3.325
Parabolic SAR (0,02-0,02-0,2): 2.753
Elder Ray (13): 0.922
Super Trend (3,10): 3.088
Zig ZAG (10): 4.410
VORTEX (21): 1.1770
Stochastique (14,3,5): 91.84
TEMA (21): 3.682
Williams %R (14): -0.41
Chande Momentum Oscillator (20): 2.375
Repulse (5,40,3): 21.0860
ROCnROLL: 1
TRIX (15,9): 1.4140
Courbe Coppock: 134.15
MA7: 2.676
MA20: 2.700
MA50: 3.032
MA100: 3.026
MAexp7: 3.435
MAexp20: 2.891
MAexp50: 2.578
MAexp100: 2.543
Price / MA7: +60.13%
Price / MA20: +58.70%
Price / MA50: +41.33%
Price / MA100: +41.61%
Price / MAexp7: +24.75%
Price / MAexp20: +48.22%
Price / MAexp50: +66.21%
Price / MAexp100: +68.50%

Quotes : - 15 min delayed data - Euronext Paris

News


The last news published on MEDIANTECHNOLOGIES at the time of the generation of this analysis was as follows:

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

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