MEDIANTECHNOLOGIES - 15 min. - Technical analysis published on 08/05/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 4.167 EUR
My targets
3.897 EUR (-2.46%)
3.728 EUR (-6.68%)
My analysis
The bearish trend is currently very strong for MEDIANTECHNOLOGIES. As long as the price remains below the resistance at 4.167 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.897 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.728 EUR as an objective. Crossing it would then enable sellers to target 3.150 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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Additional analysis
Quotes
The MEDIANTECHNOLOGIES price is 3.995 EUR. On the day, this instrument lost -2.56% and was traded between 3.600 EUR and 4.080 EUR over the period. The price is currently at +10.97% from its lowest and -2.08% from its highest.3.600
4.080
3.995
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of MEDIANTECHNOLOGIES indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.943 | 3.150 | 3.818 | 3.995 | 4.308 | 4.613 | 5.070 |
| Change (%) | -26.33% | -21.15% | -4.43% | - | +7.83% | +15.47% | +26.91% |
| Change | -1.052 | -0.845 | -0.177 | - | +0.313 | +0.618 | +1.075 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Intermediate |
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 | 3.728 | 3.897 | 3.998 | 4.167 | 4.268 | 4.437 | 4.538 |
| Camarilla | 4.026 | 4.051 | 4.075 | 4.100 | 4.125 | 4.150 | 4.174 |
| Woodie | 3.695 | 3.880 | 3.965 | 4.150 | 4.235 | 4.420 | 4.505 |
| Fibonacci | 3.897 | 4.000 | 4.064 | 4.167 | 4.270 | 4.334 | 4.437 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.060 | 3.380 | 3.740 | 4.060 | 4.420 | 4.740 | 5.100 |
| Camarilla | 3.913 | 3.975 | 4.038 | 4.100 | 4.162 | 4.225 | 4.287 |
| Woodie | 3.080 | 3.390 | 3.760 | 4.070 | 4.440 | 4.750 | 5.120 |
| Fibonacci | 3.380 | 3.640 | 3.800 | 4.060 | 4.320 | 4.480 | 4.740 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.027 | 0.987 | 2.573 | 3.587 | 5.173 | 6.187 | 7.773 |
| Camarilla | 3.445 | 3.683 | 3.922 | 4.160 | 4.398 | 4.637 | 4.875 |
| Woodie | 0.260 | 1.130 | 2.860 | 3.730 | 5.460 | 6.330 | 8.060 |
| Fibonacci | 0.987 | 1.980 | 2.594 | 3.587 | 4.580 | 5.194 | 6.187 |
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): | 28.27 | |
| MACD (12,26,9): | -0.0790 | |
| Directional Movement: | -42.521 | |
| AROON (14): | -78.571 | |
| DEMA (21): | 4.008 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.953 | |
| Elder Ray (13): | -0.106 | |
| Super Trend (3,10): | 3.993 | |
| Zig ZAG (10): | 3.975 | |
| VORTEX (21): | 0.8540 | |
| Stochastique (14,3,5): | 45.71 | |
| TEMA (21): | 3.924 | |
| Williams %R (14): | -51.54 | |
| Chande Momentum Oscillator (20): | -0.285 | |
| Repulse (5,40,3): | 2.9420 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 13.02 |
| MA7: | 4.033 | |
| MA20: | 3.258 | |
| MA50: | 3.120 | |
| MA100: | 3.093 | |
| MAexp7: | 4.010 | |
| MAexp20: | 4.113 | |
| MAexp50: | 4.162 | |
| MAexp100: | 4.124 | |
| Price / MA7: | -0.94% | |
| Price / MA20: | +22.62% | |
| Price / MA50: | +28.04% | |
| Price / MA100: | +29.16% | |
| Price / MAexp7: | -0.37% | |
| Price / MAexp20: | -2.87% | |
| Price / MAexp50: | -4.01% | |
| Price / MAexp100: | -3.13% |
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.
About author
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