MEDIANTECHNOLOGIES - 15 min. - Technical analysis published on 07/24/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 3.765 EUR
My targets
3.365 EUR (-1.03%)
3.130 EUR (-7.94%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on MEDIANTECHNOLOGIES as long as the price remains well below 3.765 EUR. The next bearish objective for sellers is set at 3.365 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.130 EUR. In case of crossing, the next objective would be the support located at 2.845 EUR.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
3.9
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Additional analysis
Quotes
The MEDIANTECHNOLOGIES rating is 3.400 EUR. The price is lower by -7.98% since the last closing and was traded between 3.400 EUR and 3.700 EUR over the period. The price is currently at 0% from its lowest and -8.11% from its highest.3.400
3.700
3.400
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
Here is a more detailed summary of the historical variations registered by MEDIANTECHNOLOGIES:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of MEDIANTECHNOLOGIES in 15 min. shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Black line without upper shadow
Type : Bearish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
Long black line
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.605 | 2.845 | 3.200 | 3.400 | 3.440 | 3.868 | 4.308 |
| Change (%) | -23.38% | -16.32% | -5.88% | - | +1.18% | +13.76% | +26.71% |
| Change | -0.795 | -0.555 | -0.200 | - | +0.040 | +0.468 | +0.908 |
| Level | Major | Intermediate | Minor | - | Minor | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
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): | 39.22 | |
| MACD (12,26,9): | -0.0370 | |
| Directional Movement: | -23.497 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 3.631 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.700 | |
| Elder Ray (13): | -0.067 | |
| Super Trend (3,10): | 3.746 | |
| Zig ZAG (10): | 3.595 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 35.03 | |
| TEMA (21): | 3.614 | |
| Williams %R (14): | -77.50 | |
| Chande Momentum Oscillator (20): | -0.155 | |
| Repulse (5,40,3): | -2.0090 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1440 | |
| Courbe Coppock: | 4.92 |
| MA7: | 3.010 | |
| MA20: | 2.749 | |
| MA50: | 3.047 | |
| MA100: | 3.024 | |
| MAexp7: | 3.641 | |
| MAexp20: | 3.693 | |
| MAexp50: | 3.707 | |
| MAexp100: | 3.514 | |
| Price / MA7: | +12.96% | |
| Price / MA20: | +23.68% | |
| Price / MA50: | +11.59% | |
| Price / MA100: | +12.43% | |
| Price / MAexp7: | -6.62% | |
| Price / MAexp20: | -7.93% | |
| Price / MAexp50: | -8.28% | |
| Price / MAexp100: | -3.24% |
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:
- 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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