MEDIANTECHNOLOGIES - 15 min. - Technical analysis published on 08/07/2024 (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 bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 4.092 EUR
My targets
4.272 EUR (+2.44%)
4.311 EUR (+3.38%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MEDIANTECHNOLOGIES as long as the price remains well above 4.092 EUR. The buyers' bullish objective is set at 4.272 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.311 EUR. If there is any crossing, the next objective would be the resistance located at 4.610 EUR.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MEDIANTECHNOLOGIES rating is 4.170 EUR. The price registered an increase of +3.73% on the session and was traded between 4.125 EUR and 4.380 EUR over the period. The price is currently at +1.09% from its lowest and -4.79% from its highest.4.125
4.380
4.170
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.
Opening Gap UP
Type : Bullish
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 bullish. 71.43% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
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 2
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
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 | 3.150 | 3.818 | 4.037 | 4.170 | 4.311 | 4.610 | 5.070 |
| Change (%) | -24.46% | -8.44% | -3.19% | - | +3.38% | +10.55% | +21.58% |
| Change | -1.020 | -0.352 | -0.133 | - | +0.141 | +0.440 | +0.900 |
| Level | Intermediate | Major | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.732 | 3.803 | 3.912 | 3.983 | 4.092 | 4.163 | 4.272 |
| Camarilla | 3.971 | 3.987 | 4.004 | 4.020 | 4.037 | 4.053 | 4.070 |
| Woodie | 3.750 | 3.813 | 3.930 | 3.993 | 4.110 | 4.173 | 4.290 |
| Fibonacci | 3.803 | 3.872 | 3.915 | 3.983 | 4.052 | 4.095 | 4.163 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 72.48 | |
| MACD (12,26,9): | 0.0420 | |
| Directional Movement: | 54.921 | |
| AROON (14): | 85.714 | |
| DEMA (21): | 4.072 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.005 | |
| Elder Ray (13): | 0.141 | |
| Super Trend (3,10): | 4.065 | |
| Zig ZAG (10): | 4.190 | |
| VORTEX (21): | 0.9820 | |
| Stochastique (14,3,5): | 66.36 | |
| TEMA (21): | 4.101 | |
| Williams %R (14): | -41.76 | |
| Chande Momentum Oscillator (20): | 0.220 | |
| Repulse (5,40,3): | -1.9720 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0830 | |
| Courbe Coppock: | 4.97 |
| MA7: | 4.075 | |
| MA20: | 3.401 | |
| MA50: | 3.141 | |
| MA100: | 3.114 | |
| MAexp7: | 4.091 | |
| MAexp20: | 4.007 | |
| MAexp50: | 3.983 | |
| MAexp100: | 3.999 | |
| Price / MA7: | +2.33% | |
| Price / MA20: | +22.61% | |
| Price / MA50: | +32.76% | |
| Price / MA100: | +33.91% | |
| Price / MAexp7: | +1.93% | |
| Price / MAexp20: | +4.07% | |
| Price / MAexp50: | +4.69% | |
| Price / MAexp100: | +4.28% |
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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