MEDIANTECHNOLOGIES
MEDIANTECHNOLOGIES
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALMDT
ISIN: FR0011049824

MEDIANTECHNOLOGIES - 1H - Technical analysis published on 08/07/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 4.311 EUR
My targets
4.420 EUR (+1.84%)
4.610 EUR (+6.22%)
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 4.311 EUR. The buyers' bullish objective is set at 4.420 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.610 EUR. If there is any crossing, the next objective would be the resistance located at 5.070 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.2

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:
Daily Weekly

Additional analysis

Quotes

MEDIANTECHNOLOGIES rating 4.340 EUR. On the day, this instrument gained +7.96% with the lowest point at 4.125 EUR and the highest point at 4.380 EUR. The deviation from the price is +5.21% for the low point and -0.91% for the high point.

4.125
4.380
4.340

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MEDIANTECHNOLOGIES:
Abnormal volumes on MEDIANTECHNOLOGIES were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of MEDIANTECHNOLOGIES indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



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:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.818 4.037 4.311 4.340 4.610 5.070 7.731
Change (%) -12.03% -6.98% -0.67% - +6.22% +16.82% +78.13%
Change -0.522 -0.303 -0.029 - +0.270 +0.730 +3.391
Level Major Minor Major - Intermediate Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.7323.8033.9123.9834.0924.1634.272
Camarilla3.9713.9874.0044.0204.0374.0534.070
Woodie3.7503.8133.9303.9934.1104.1734.290
Fibonacci3.8033.8723.9153.9834.0524.0954.163


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.0603.3803.7404.0604.4204.7405.100
Camarilla3.9133.9754.0384.1004.1624.2254.287
Woodie3.0803.3903.7604.0704.4404.7505.120
Fibonacci3.3803.6403.8004.0604.3204.4804.740


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0270.9872.5733.5875.1736.1877.773
Camarilla3.4453.6833.9224.1604.3984.6374.875
Woodie0.2601.1302.8603.7305.4606.3308.060
Fibonacci0.9871.9802.5943.5874.5805.1946.187

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): 70.26
MACD (12,26,9): 0.0150
Directional Movement: 16.593
AROON (14): 100.000
DEMA (21): 4.027
Parabolic SAR (0,02-0,02-0,2): 3.720
Elder Ray (13): 0.220
Super Trend (3,10): 3.889
Zig ZAG (10): 4.340
VORTEX (21): 0.9290
Stochastique (14,3,5): 92.01
TEMA (21): 4.037
Williams %R (14): -9.02
Chande Momentum Oscillator (20): 0.510
Repulse (5,40,3): 4.4530
ROCnROLL: 1
TRIX (15,9): -0.1040
Courbe Coppock: 7.70
MA7: 4.095
MA20: 3.408
MA50: 3.144
MA100: 3.116
MAexp7: 4.077
MAexp20: 4.024
MAexp50: 3.989
MAexp100: 3.803
Price / MA7: +5.98%
Price / MA20: +27.35%
Price / MA50: +38.04%
Price / MA100: +39.28%
Price / MAexp7: +6.45%
Price / MAexp20: +7.85%
Price / MAexp50: +8.80%
Price / MAexp100: +14.12%

Quotes : - 15 min delayed data - Euronext Paris

This member declared not having a position on this financial instrument or a related financial instrument.

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