MEDIANTECHNOLOGIES - 1H - Technical analysis published on 08/12/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 5.973 EUR
My targets
6.617 EUR (+5.87%)
7.731 EUR (+23.70%)
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 5.973 EUR. The next resistance located at 6.617 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 7.731 EUR. After this resistance, buyers could then target 11.787 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.
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
8.8
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Additional analysis
Quotes
The MEDIANTECHNOLOGIES price is 6.250 EUR. The price has increased by +17.26% since the last closing and was traded between 5.220 EUR and 6.300 EUR over the period. The price is currently at +19.73% from its lowest and -0.79% from its highest.5.220
6.300
6.250
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.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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:
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. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 4.311 | 5.070 | 5.430 | 6.250 | 7.731 | 11.787 | 13.880 |
| Change (%) | -31.02% | -18.88% | -13.12% | - | +23.70% | +88.59% | +122.08% |
| Change | -1.939 | -1.180 | -0.820 | - | +1.481 | +5.537 | +7.630 |
| Level | Major | Major | Intermediate | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.713 | 4.877 | 5.103 | 5.267 | 5.493 | 5.657 | 5.883 |
| Camarilla | 5.223 | 5.259 | 5.294 | 5.330 | 5.366 | 5.402 | 5.437 |
| Woodie | 4.745 | 4.893 | 5.135 | 5.283 | 5.525 | 5.673 | 5.915 |
| Fibonacci | 4.877 | 5.026 | 5.118 | 5.267 | 5.416 | 5.508 | 5.657 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.313 | 2.957 | 4.143 | 4.787 | 5.973 | 6.617 | 7.803 |
| Camarilla | 4.827 | 4.995 | 5.162 | 5.330 | 5.498 | 5.666 | 5.833 |
| Woodie | 2.585 | 3.093 | 4.415 | 4.923 | 6.245 | 6.753 | 8.075 |
| Fibonacci | 2.957 | 3.656 | 4.088 | 4.787 | 5.486 | 5.918 | 6.617 |
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): | 78.91 | |
| MACD (12,26,9): | 0.2880 | |
| Directional Movement: | 32.652 | |
| AROON (14): | 100.000 | |
| DEMA (21): | 5.560 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.055 | |
| Elder Ray (13): | 0.458 | |
| Super Trend (3,10): | 5.240 | |
| Zig ZAG (10): | 5.850 | |
| VORTEX (21): | 1.3030 | |
| Stochastique (14,3,5): | 94.15 | |
| TEMA (21): | 5.653 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.790 | |
| Repulse (5,40,3): | 11.7570 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.8310 | |
| Courbe Coppock: | 19.64 |
| MA7: | 4.707 | |
| MA20: | 3.885 | |
| MA50: | 3.257 | |
| MA100: | 3.195 | |
| MAexp7: | 5.506 | |
| MAexp20: | 5.186 | |
| MAexp50: | 4.749 | |
| MAexp100: | 4.344 | |
| Price / MA7: | +32.78% | |
| Price / MA20: | +60.88% | |
| Price / MA50: | +91.89% | |
| Price / MA100: | +95.62% | |
| Price / MAexp7: | +13.51% | |
| Price / MAexp20: | +20.52% | |
| Price / MAexp50: | +31.61% | |
| Price / MAexp100: | +43.88% |
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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