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

MEDIANTECHNOLOGIES - 15 min. - Technical analysis published on 08/22/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
11%
67%
22%
My opinion
Bearish under 7.35 EUR
My targets
6.94 EUR (-2.80%)
6.48 EUR (-9.24%)
My analysis
The strong short-term decline in MEDIANTECHNOLOGIES calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 7.35 EUR, one could consider taking advantage of the short-term movement. The first bearish objective is located at 6.94 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6.48 EUR as an objective. Crossing it would then enable sellers to target 6.07 EUR. Be careful, a return to above 7.35 EUR could jeopardize the reversal.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
2.1

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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

MEDIANTECHNOLOGIES rating 7.14 EUR. On the day, this instrument lost -3.51% with the lowest point at 6.73 EUR and the highest point at 7.39 EUR. The deviation from the price is +6.09% for the low point and -3.38% for the high point.

6.73
7.39
7.14

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 Central Volumes scanner detects abnormal volumes on the asset:

Central 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 slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes



Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes



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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes



The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Central Candlesticks

Black line without upper shadow

Type : Bearish

Timeframe : 15 minutes


Long black line

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.07 5.98 6.43 7.14 7.73 11.79 13.88
Change (%) -28.99% -16.25% -9.94% - +8.26% +65.13% +94.40%
Change -2.07 -1.16 -0.71 - +0.59 +4.65 +6.74
Level Major Intermediate 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
Standard6.076.486.947.357.818.228.68
Camarilla7.167.247.327.407.487.567.64
Woodie6.106.496.977.367.848.238.71
Fibonacci6.486.817.027.357.687.898.22


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.134.675.345.886.557.097.76
Camarilla5.675.785.896.006.116.226.33
Woodie4.194.705.405.916.617.127.82
Fibonacci4.675.145.425.886.356.637.09


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.030.992.573.595.176.197.77
Camarilla3.453.683.924.164.404.644.88
Woodie0.261.132.863.735.466.338.06
Fibonacci0.991.982.593.594.585.196.19

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): 37.70
MACD (12,26,9): 0.0300
Directional Movement: -32.12
AROON (14): -21.43
DEMA (21): 7.37
Parabolic SAR (0,02-0,02-0,2): 7.47
Elder Ray (13): -0.23
Super Trend (3,10): 7.47
Zig ZAG (10): 7.01
VORTEX (21): 0.7500
Stochastique (14,3,5): 52.32
TEMA (21): 7.25
Williams %R (14): -61.33
Chande Momentum Oscillator (20): -0.37
Repulse (5,40,3): -1.9300
ROCnROLL: 2
TRIX (15,9): 0.1100
Courbe Coppock: 3.72
MA7: 6.53
MA20: 5.25
MA50: 3.79
MA100: 3.50
MAexp7: 7.26
MAexp20: 7.35
MAexp50: 7.18
MAexp100: 6.91
Price / MA7: +9.34%
Price / MA20: +36.00%
Price / MA50: +88.39%
Price / MA100: +104.00%
Price / MAexp7: -1.65%
Price / MAexp20: -2.86%
Price / MAexp50: -0.56%
Price / MAexp100: +3.33%

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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