MEDIANTECHNOLOGIES - 15 min. - Technical analysis published on 08/22/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 7.17 EUR
My targets
7.62 EUR (+4.06%)
7.91 EUR (+8.10%)
My analysis
The bullish trend is currently very strong on MEDIANTECHNOLOGIES. As long as the price remains above the support at 7.17 EUR, you could try to benefit from the boom. The first bullish objective is located at 7.62 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.91 EUR as an objective. Crossing it would then enable buyers to target 8.36 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
6.8
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Additional analysis
Quotes
The MEDIANTECHNOLOGIES price is 7.32 EUR. The price registered a decrease of -1.08% on the session and was traded between 6.73 EUR and 7.47 EUR over the period. The price is currently at +8.77% from its lowest and -2.01% from its highest.6.73
7.47
7.32
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of MEDIANTECHNOLOGIES indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% 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.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.07 | 5.98 | 6.43 | 7.32 | 7.73 | 11.79 | 13.88 |
| Change (%) | -30.74% | -18.31% | -12.16% | - | +5.60% | +61.07% | +89.62% |
| Change | -2.25 | -1.34 | -0.89 | - | +0.41 | +4.47 | +6.56 |
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 6.14 | 6.43 | 6.88 | 7.17 | 7.62 | 7.91 | 8.36 |
| Camarilla | 7.12 | 7.18 | 7.25 | 7.32 | 7.39 | 7.46 | 7.52 |
| Woodie | 6.21 | 6.47 | 6.95 | 7.21 | 7.69 | 7.95 | 8.43 |
| Fibonacci | 6.43 | 6.72 | 6.89 | 7.17 | 7.46 | 7.63 | 7.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.13 | 4.67 | 5.34 | 5.88 | 6.55 | 7.09 | 7.76 |
| Camarilla | 5.67 | 5.78 | 5.89 | 6.00 | 6.11 | 6.22 | 6.33 |
| Woodie | 4.19 | 4.70 | 5.40 | 5.91 | 6.61 | 7.12 | 7.82 |
| Fibonacci | 4.67 | 5.14 | 5.42 | 5.88 | 6.35 | 6.63 | 7.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.03 | 0.99 | 2.57 | 3.59 | 5.17 | 6.19 | 7.77 |
| Camarilla | 3.45 | 3.68 | 3.92 | 4.16 | 4.40 | 4.64 | 4.88 |
| Woodie | 0.26 | 1.13 | 2.86 | 3.73 | 5.46 | 6.33 | 8.06 |
| Fibonacci | 0.99 | 1.98 | 2.59 | 3.59 | 4.58 | 5.19 | 6.19 |
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): | 54.97 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 4.19 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 7.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.98 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 7.08 | |
| Zig ZAG (10): | 7.32 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 75.93 | |
| TEMA (21): | 7.35 | |
| Williams %R (14): | -27.78 | |
| Chande Momentum Oscillator (20): | 0.21 | |
| Repulse (5,40,3): | -0.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 6.75 |
| MA7: | 6.56 | |
| MA20: | 5.26 | |
| MA50: | 3.80 | |
| MA100: | 3.50 | |
| MAexp7: | 7.32 | |
| MAexp20: | 7.25 | |
| MAexp50: | 7.21 | |
| MAexp100: | 7.05 | |
| Price / MA7: | +11.59% | |
| Price / MA20: | +39.16% | |
| Price / MA50: | +92.63% | |
| Price / MA100: | +109.14% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.97% | |
| Price / MAexp50: | +1.53% | |
| Price / MAexp100: | +3.83% |
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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