MEDIANTECHNOLOGIES - 15 min. - Technical analysis published on 07/26/2024 (GMT)
- 126
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 4.140 EUR
My targets
4.395 EUR (+5.90%)
4.613 EUR (+11.16%)
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 4.140 EUR, a purchase could be considered. The first bullish objective is located at 4.395 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. In the event of a return below 4.140 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
7.1
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.
This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MEDIANTECHNOLOGIES rating 4.150 EUR. On the day, this instrument gained +13.54% and was traded between 3.625 EUR and 4.150 EUR over the period. The price is currently at +14.48% from its lowest and 0% from its highest.3.625
4.150
4.150
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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 15 min. of this MEDIANTECHNOLOGIES chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Long white line
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.787 | 3.200 | 3.868 | 4.150 | 4.308 | 4.613 | 5.070 |
| Change (%) | -32.84% | -22.89% | -6.80% | - | +3.81% | +11.16% | +22.17% |
| Change | -1.363 | -0.950 | -0.282 | - | +0.158 | +0.463 | +0.920 |
| Level | Major | Intermediate | Major | - | Major | Intermediate | Intermediate |
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 | 2.760 | 2.955 | 3.305 | 3.500 | 3.850 | 4.045 | 4.395 |
| Camarilla | 3.505 | 3.555 | 3.605 | 3.655 | 3.705 | 3.755 | 3.805 |
| Woodie | 2.838 | 2.994 | 3.383 | 3.539 | 3.928 | 4.084 | 4.473 |
| Fibonacci | 2.955 | 3.163 | 3.292 | 3.500 | 3.708 | 3.837 | 4.045 |
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): | 82.77 | |
| MACD (12,26,9): | 0.1010 | |
| Directional Movement: | 52.532 | |
| AROON (14): | 92.857 | |
| DEMA (21): | 3.629 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.480 | |
| Elder Ray (13): | 0.371 | |
| Super Trend (3,10): | 3.655 | |
| Zig ZAG (10): | 3.880 | |
| VORTEX (21): | 1.4100 | |
| Stochastique (14,3,5): | 91.47 | |
| TEMA (21): | 3.757 | |
| Williams %R (14): | -9.27 | |
| Chande Momentum Oscillator (20): | 0.650 | |
| Repulse (5,40,3): | 6.2490 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2120 | |
| Courbe Coppock: | 26.06 |
| MA7: | 3.480 | |
| MA20: | 2.847 | |
| MA50: | 3.065 | |
| MA100: | 3.035 | |
| MAexp7: | 3.691 | |
| MAexp20: | 3.442 | |
| MAexp50: | 3.415 | |
| MAexp100: | 3.426 | |
| Price / MA7: | +19.25% | |
| Price / MA20: | +45.77% | |
| Price / MA50: | +35.40% | |
| Price / MA100: | +36.74% | |
| Price / MAexp7: | +12.44% | |
| Price / MAexp20: | +20.57% | |
| Price / MAexp50: | +21.52% | |
| Price / MAexp100: | +21.13% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on MEDIANTECHNOLOGIES. At the time of publication of this analysis, the latest news 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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis MEDIANTECHNOLOGIES - 15 min.