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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 08/08/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 5.070 EUR
My targets
5.173 EUR (+0.84%)
6.187 EUR (+20.60%)
My analysis
The bullish trend is currently very strong on MEDIANTECHNOLOGIES. As long as the price remains above the support at 5.070 EUR, you could try to benefit from the boom. The first bullish objective is located at 5.173 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.187 EUR as an objective. Crossing it would then enable buyers to target 7.731 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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.

pierrott
This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The MEDIANTECHNOLOGIES price is 5.130 EUR. On the day, this instrument gained +11.52% with the lowest point at 4.460 EUR and the highest point at 5.160 EUR. The deviation from the price is +15.02% for the low point and -0.58% for the high point.

4.460
5.160
5.130

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

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:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

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. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.188 4.610 5.070 5.130 7.731 11.787 13.880
Change (%) -18.36% -10.14% -1.17% - +50.70% +129.77% +170.57%
Change -0.942 -0.520 -0.060 - +2.601 +6.657 +8.750
Level Major Minor Intermediate - Major Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.9734.2174.6734.9175.3735.6176.073
Camarilla4.9385.0025.0665.1305.1945.2585.323
Woodie4.0804.2704.7804.9705.4805.6706.180
Fibonacci4.2174.4844.6494.9175.1845.3495.617


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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 76.70
MACD (12,26,9): 0.2570
Directional Movement: 26.546
AROON (14): 50.000
DEMA (21): 5.042
Parabolic SAR (0,02-0,02-0,2): 4.901
Elder Ray (13): 0.237
Super Trend (3,10): 4.660
Zig ZAG (10): 5.130
VORTEX (21): 1.3260
Stochastique (14,3,5): 89.35
TEMA (21): 5.181
Williams %R (14): -4.29
Chande Momentum Oscillator (20): 0.585
Repulse (5,40,3): 3.8790
ROCnROLL: 1
TRIX (15,9): 0.7700
Courbe Coppock: 33.41
MA7: 4.297
MA20: 3.556
MA50: 3.178
MA100: 3.141
MAexp7: 5.000
MAexp20: 4.722
MAexp50: 4.394
MAexp100: 4.087
Price / MA7: +19.39%
Price / MA20: +44.26%
Price / MA50: +61.42%
Price / MA100: +63.32%
Price / MAexp7: +2.60%
Price / MAexp20: +8.64%
Price / MAexp50: +16.75%
Price / MAexp100: +25.52%

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:

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

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Londinia
Londinia AI

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