MEDIANTECHNOLOGIES - Daily - Technical analysis published on 07/24/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 3.200 EUR
My targets
3.868 EUR (+13.10%)
4.308 EUR (+25.96%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on MEDIANTECHNOLOGIES. This is a positive signal for buyers. As long as the price remains above 3.200 EUR, a purchase could be considered. The first bullish objective is located at 3.868 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.308 EUR as an objective. Crossing it would then enable buyers to target 4.613 EUR. In the event of a return below 3.200 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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Additional analysis
Quotes
MEDIANTECHNOLOGIES rating 3.420 EUR. On the day, this instrument lost -7.44% and was between 3.420 EUR and 3.700 EUR. This implies that the price is at 0% from its lowest and at -7.57% from its highest.3.420
3.700
3.420
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this MEDIANTECHNOLOGIES chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 2.260 | 2.605 | 3.200 | 3.420 | 3.440 | 3.868 | 4.308 |
Change (%) | -33.92% | -23.83% | -6.43% | - | +0.58% | +13.10% | +25.96% |
Change | -1.160 | -0.815 | -0.220 | - | +0.020 | +0.448 | +0.888 |
Level | Major | Major | Minor | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.130 | 3.365 | 3.530 | 3.765 | 3.930 | 4.165 | 4.330 |
Camarilla | 3.585 | 3.622 | 3.658 | 3.695 | 3.732 | 3.768 | 3.805 |
Woodie | 3.095 | 3.348 | 3.495 | 3.748 | 3.895 | 4.148 | 4.295 |
Fibonacci | 3.365 | 3.518 | 3.612 | 3.765 | 3.918 | 4.012 | 4.165 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.520 | 1.260 | 2.330 | 3.070 | 4.140 | 4.880 | 5.950 |
Camarilla | 2.902 | 3.068 | 3.234 | 3.400 | 3.566 | 3.732 | 3.898 |
Woodie | 0.685 | 1.343 | 2.495 | 3.153 | 4.305 | 4.963 | 6.115 |
Fibonacci | 1.260 | 1.951 | 2.379 | 3.070 | 3.761 | 4.189 | 4.880 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.145 | 1.875 | 2.260 | 2.990 | 3.375 | 4.105 | 4.490 |
Camarilla | 2.338 | 2.441 | 2.543 | 2.645 | 2.747 | 2.849 | 2.952 |
Woodie | 0.973 | 1.789 | 2.088 | 2.904 | 3.203 | 4.019 | 4.318 |
Fibonacci | 1.875 | 2.301 | 2.564 | 2.990 | 3.416 | 3.679 | 4.105 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 63.14 | |
MACD (12,26,9): | 0.1110 | |
Directional Movement: | 31.746 | |
AROON (14): | 14.285 | |
DEMA (21): | 2.980 | |
Parabolic SAR (0,02-0,02-0,2): | 2.204 | |
Elder Ray (13): | 0.632 | |
Super Trend (3,10): | 2.886 | |
Zig ZAG (10): | 3.600 | |
VORTEX (21): | 1.0180 | |
Stochastique (14,3,5): | 67.12 | |
TEMA (21): | 3.188 | |
Williams %R (14): | -38.46 | |
Chande Momentum Oscillator (20): | 0.810 | |
Repulse (5,40,3): | -4.7420 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.3920 | |
Courbe Coppock: | 30.34 |
MA7: | 3.010 | |
MA20: | 2.749 | |
MA50: | 3.047 | |
MA100: | 3.024 | |
MAexp7: | 3.225 | |
MAexp20: | 2.916 | |
MAexp50: | 2.963 | |
MAexp100: | 3.162 | |
Price / MA7: | +13.62% | |
Price / MA20: | +24.41% | |
Price / MA50: | +12.24% | |
Price / MA100: | +13.10% | |
Price / MAexp7: | +6.05% | |
Price / MAexp20: | +17.28% | |
Price / MAexp50: | +15.42% | |
Price / MAexp100: | +8.16% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on MEDIANTECHNOLOGIES at the time of the analysis were as follows:
- Median Technologies Reports 2023 Revenue and Summarizes 2024 Strategic Outlook
- Median Technologies: Disclosure of Total Number of Voting Rights and Number of Shares in the Capital as of July 31st, 2023
- Median Technologies: Financial Communication Schedule for the Second Half of 2023
- Portzamparc Groupe BNP Paribas Initiates the Coverage of Median Technologies with a “Strong Buy” Recommendation
- Median Technologies to Host Two Webcasts and Provide a Company Update on July 20, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
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