MEDIANTECHNOLOGIES - 1H - Technical analysis published on 09/04/2024 (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 bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 5.79 EUR
My targets
5.47 EUR (-2.27%)
5.07 EUR (-9.46%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MEDIANTECHNOLOGIES as long as the price remains well below 5.79 EUR. The sellers' bearish objective is set at 5.47 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.07 EUR. In case of crossing, the next objective would be the support located at 4.56 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MEDIANTECHNOLOGIES rating is 5.60 EUR. The price registered a decrease of -0.18% on the session and was between 5.35 EUR and 5.60 EUR. This implies that the price is at +4.67% from its lowest and at 0% from its highest.5.35
5.60
5.60
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MEDIANTECHNOLOGIES:
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 bearish. The signals given by moving averages are 92.86% bearish. This strong bearish 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.
On the 18 technical indicators analysed, 6 are bullish, 5 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.86 | 4.56 | 5.07 | 5.60 | 5.98 | 6.80 | 7.40 |
| Change (%) | -31.07% | -18.57% | -9.46% | - | +6.79% | +21.43% | +32.14% |
| Change | -1.74 | -1.04 | -0.53 | - | +0.38 | +1.20 | +1.80 |
| Level | Major | Minor | Major | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.61 | 4.94 | 5.28 | 5.61 | 5.95 | 6.28 | 6.62 |
| Camarilla | 5.43 | 5.49 | 5.55 | 5.61 | 5.67 | 5.73 | 5.79 |
| Woodie | 4.61 | 4.94 | 5.28 | 5.61 | 5.95 | 6.28 | 6.62 |
| Fibonacci | 4.94 | 5.20 | 5.36 | 5.61 | 5.87 | 6.03 | 6.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.96 | 4.93 | 5.47 | 6.44 | 6.98 | 7.95 | 8.49 |
| Camarilla | 5.61 | 5.74 | 5.88 | 6.02 | 6.16 | 6.30 | 6.44 |
| Woodie | 3.76 | 4.82 | 5.27 | 6.33 | 6.78 | 7.84 | 8.29 |
| Fibonacci | 4.93 | 5.50 | 5.86 | 6.44 | 7.01 | 7.37 | 7.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.33 | 1.63 | 3.83 | 5.79 | 7.99 | 9.95 | 12.15 |
| Camarilla | 4.88 | 5.26 | 5.64 | 6.02 | 6.40 | 6.78 | 7.16 |
| Woodie | -0.22 | 1.69 | 3.94 | 5.85 | 8.10 | 10.01 | 12.26 |
| Fibonacci | 1.63 | 3.22 | 4.20 | 5.79 | 7.38 | 8.36 | 9.95 |
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): | 39.75 | |
| MACD (12,26,9): | -0.2100 | |
| Directional Movement: | -16.64 | |
| AROON (14): | 7.15 | |
| DEMA (21): | 5.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.95 | |
| Elder Ray (13): | -0.19 | |
| Super Trend (3,10): | 6.08 | |
| Zig ZAG (10): | 5.60 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 46.27 | |
| TEMA (21): | 5.46 | |
| Williams %R (14): | -52.24 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | 4.9900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6100 | |
| Courbe Coppock: | 2.80 |
| MA7: | 6.22 | |
| MA20: | 6.28 | |
| MA50: | 4.42 | |
| MA100: | 3.81 | |
| MAexp7: | 5.60 | |
| MAexp20: | 5.76 | |
| MAexp50: | 6.15 | |
| MAexp100: | 6.28 | |
| Price / MA7: | -9.97% | |
| Price / MA20: | -10.83% | |
| Price / MA50: | +26.70% | |
| Price / MA100: | +46.98% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -2.78% | |
| Price / MAexp50: | -8.94% | |
| Price / MAexp100: | -10.83% |
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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