MEDIANTECHNOLOGIES - 1H - Technical analysis published on 08/07/2024 (GMT)
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- Timeframe : 1H
- - 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
89%
0%
11%
My opinion
Bullish above 4.420 EUR
My targets
4.610 EUR (+1.54%)
4.740 EUR (+4.41%)
My analysis
The bullish trend is currently very strong on MEDIANTECHNOLOGIES. As long as the price remains above the support at 4.420 EUR, you could try to benefit from the boom. The first bullish objective is located at 4.610 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.740 EUR as an objective. Crossing it would then enable buyers to target 5.070 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
8.9
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Additional analysis
Quotes
MEDIANTECHNOLOGIES rating 4.540 EUR. The price registered an increase of +12.94% on the session and was between 4.125 EUR and 4.560 EUR. This implies that the price is at +10.06% from its lowest and at -0.44% from its highest.4.125
4.560
4.540
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead 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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on MEDIANTECHNOLOGIES were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of MEDIANTECHNOLOGIES in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.818 | 4.037 | 4.311 | 4.540 | 4.610 | 5.070 | 7.731 |
| Change (%) | -15.90% | -11.08% | -5.04% | - | +1.54% | +11.67% | +70.29% |
| Change | -0.722 | -0.503 | -0.229 | - | +0.070 | +0.530 | +3.191 |
| 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.59 | |
| MACD (12,26,9): | 0.1340 | |
| Directional Movement: | 24.785 | |
| AROON (14): | 50.000 | |
| DEMA (21): | 4.394 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.038 | |
| Elder Ray (13): | 0.202 | |
| Super Trend (3,10): | 4.203 | |
| Zig ZAG (10): | 4.530 | |
| VORTEX (21): | 1.3220 | |
| Stochastique (14,3,5): | 96.36 | |
| TEMA (21): | 4.507 | |
| Williams %R (14): | -4.72 | |
| Chande Momentum Oscillator (20): | 0.540 | |
| Repulse (5,40,3): | 2.6970 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2410 | |
| Courbe Coppock: | 25.84 |
| MA7: | 4.122 | |
| MA20: | 3.416 | |
| MA50: | 3.147 | |
| MA100: | 3.117 | |
| MAexp7: | 4.442 | |
| MAexp20: | 4.245 | |
| MAexp50: | 4.102 | |
| MAexp100: | 3.887 | |
| Price / MA7: | +10.14% | |
| Price / MA20: | +32.90% | |
| Price / MA50: | +44.26% | |
| Price / MA100: | +45.65% | |
| Price / MAexp7: | +2.21% | |
| Price / MAexp20: | +6.95% | |
| Price / MAexp50: | +10.68% | |
| Price / MAexp100: | +16.80% |
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.
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