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:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 4.420 EUR
My targets
4.610 EUR (+1.99%)
4.740 EUR (+4.87%)
My analysis
MEDIANTECHNOLOGIES is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.420 EUR. The next resistance located at 4.610 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.740 EUR. After this resistance, buyers could then target 5.070 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
8.8
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Additional analysis
Quotes
The MEDIANTECHNOLOGIES rating is 4.520 EUR. The price registered an increase of +12.44% on the session with the lowest point at 4.125 EUR and the highest point at 4.560 EUR. The deviation from the price is +9.58% for the low point and -0.88% for the high point.4.125
4.560
4.520
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
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 strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
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 : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.818 | 4.037 | 4.311 | 4.520 | 4.610 | 5.070 | 7.731 |
| Change (%) | -15.53% | -10.69% | -4.62% | - | +1.99% | +12.17% | +71.04% |
| Change | -0.702 | -0.483 | -0.209 | - | +0.090 | +0.550 | +3.211 |
| 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 |
|---|---|---|---|---|---|---|---|
| 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 75.46 | |
| MACD (12,26,9): | 0.1190 | |
| Directional Movement: | 40.229 | |
| AROON (14): | 64.285 | |
| DEMA (21): | 4.469 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.263 | |
| Elder Ray (13): | 0.139 | |
| Super Trend (3,10): | 4.355 | |
| Zig ZAG (10): | 4.515 | |
| VORTEX (21): | 1.2140 | |
| Stochastique (14,3,5): | 91.91 | |
| TEMA (21): | 4.526 | |
| Williams %R (14): | -12.86 | |
| Chande Momentum Oscillator (20): | 0.260 | |
| Repulse (5,40,3): | 1.4650 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3420 | |
| Courbe Coppock: | 11.51 |
| MA7: | 4.124 | |
| MA20: | 3.419 | |
| MA50: | 3.148 | |
| MA100: | 3.118 | |
| MAexp7: | 4.479 | |
| MAexp20: | 4.321 | |
| MAexp50: | 4.172 | |
| MAexp100: | 4.102 | |
| Price / MA7: | +9.60% | |
| Price / MA20: | +32.20% | |
| Price / MA50: | +43.58% | |
| Price / MA100: | +44.96% | |
| Price / MAexp7: | +0.92% | |
| Price / MAexp20: | +4.61% | |
| Price / MAexp50: | +8.34% | |
| Price / MAexp100: | +10.19% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on MEDIANTECHNOLOGIES at the time of the analysis were 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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