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 08/28/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 6.71 EUR
My targets
7.40 EUR (+5.71%)
7.73 EUR (+10.43%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 6.71 EUR remains possible. It is advisable to trade MEDIANTECHNOLOGIES with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6.71 EUR. The next bullish objective for buyers is set at 7.40 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.73 EUR. If there is any crossing, the next objective would be the resistance located at 9.89 EUR. PS: if there is a bearish break in the support located at 6.71 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.3

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

Additional analysis

Quotes

The MEDIANTECHNOLOGIES rating is 7.00 EUR. The price is lower by -1.82% since the last closing with the lowest point at 6.98 EUR and the highest point at 7.16 EUR. The deviation from the price is +0.29% for the low point and -2.23% for the high point.

6.98
7.16
7.00

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Abnormal volumes on MEDIANTECHNOLOGIES were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this MEDIANTECHNOLOGIES chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

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 5.07 5.98 6.71 7.00 7.40 7.73 9.89
Change (%) -27.57% -14.57% -4.14% - +5.71% +10.43% +41.29%
Change -1.93 -1.02 -0.29 - +0.40 +0.73 +2.89
Level Major Intermediate Major - Minor Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.326.596.867.137.407.677.94
Camarilla6.987.037.087.137.187.237.28
Woodie6.326.596.867.137.407.677.94
Fibonacci6.596.806.927.137.347.467.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.104.995.986.877.868.759.74
Camarilla6.456.636.806.977.147.327.49
Woodie4.155.026.036.907.918.789.79
Fibonacci4.995.716.156.877.598.038.75


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.84
MACD (12,26,9): 0.0500
Directional Movement: -1.39
AROON (14): 42.86
DEMA (21): 7.14
Parabolic SAR (0,02-0,02-0,2): 6.91
Elder Ray (13): -0.04
Super Trend (3,10): 6.78
Zig ZAG (10): 7.03
VORTEX (21): 1.0100
Stochastique (14,3,5): 57.00
TEMA (21): 7.15
Williams %R (14): -55.07
Chande Momentum Oscillator (20): 0.25
Repulse (5,40,3): -2.3400
ROCnROLL: -1
TRIX (15,9): 0.0700
Courbe Coppock: 10.66
MA7: 7.06
MA20: 5.85
MA50: 4.12
MA100: 3.68
MAexp7: 7.13
MAexp20: 7.08
MAexp50: 6.94
MAexp100: 6.53
Price / MA7: -0.85%
Price / MA20: +19.66%
Price / MA50: +69.90%
Price / MA100: +90.22%
Price / MAexp7: -1.82%
Price / MAexp20: -1.13%
Price / MAexp50: +0.86%
Price / MAexp100: +7.20%

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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