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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 09/05/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 5.99 EUR
My targets
5.47 EUR (-5.96%)
5.42 EUR (-6.87%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 5.99 EUR remains possible. It is advisable to trade MEDIANTECHNOLOGIES with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 5.99 EUR. The next bearish objective for sellers 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 5.42 EUR. In case of crossing, the next objective would be the support located at 5.07 EUR. PS: if there is a bullish break in the resistance located at 5.99 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

pierrott
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15 min. Daily Weekly

Additional analysis

Quotes

MEDIANTECHNOLOGIES rating 5.82 EUR. The price registered an increase of +4.49% on the session and was traded between 5.57 EUR and 6.11 EUR over the period. The price is currently at +4.49% from its lowest and -4.75% from its highest.

5.57
6.11
5.82

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

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 notes the presence of abnormal volumes:

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 bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

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 4.56 5.07 5.42 5.82 5.99 6.80 7.40
Change (%) -21.65% -12.89% -6.87% - +2.92% +16.84% +27.15%
Change -1.26 -0.75 -0.40 - +0.17 +0.98 +1.58
Level Minor Major Major - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.165.265.415.515.665.765.91
Camarilla5.505.525.555.575.595.625.64
Woodie5.205.275.455.525.705.775.95
Fibonacci5.265.355.415.515.605.665.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.964.935.476.446.987.958.49
Camarilla5.615.745.886.026.166.306.44
Woodie3.764.825.276.336.787.848.29
Fibonacci4.935.505.866.447.017.377.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.331.633.835.797.999.9512.15
Camarilla4.885.265.646.026.406.787.16
Woodie-0.221.693.945.858.1010.0112.26
Fibonacci1.633.224.205.797.388.369.95

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): 55.17
MACD (12,26,9): -0.1100
Directional Movement: 10.94
AROON (14): 64.29
DEMA (21): 5.47
Parabolic SAR (0,02-0,02-0,2): 5.35
Elder Ray (13): 0.23
Super Trend (3,10): 5.92
Zig ZAG (10): 5.84
VORTEX (21): 0.9600
Stochastique (14,3,5): 63.24
TEMA (21): 5.57
Williams %R (14): -35.53
Chande Momentum Oscillator (20): 0.27
Repulse (5,40,3): 4.4100
ROCnROLL: -1
TRIX (15,9): -0.4200
Courbe Coppock: 1.25
MA7: 6.03
MA20: 6.32
MA50: 4.48
MA100: 3.83
MAexp7: 5.62
MAexp20: 5.66
MAexp50: 5.97
MAexp100: 6.16
Price / MA7: -3.48%
Price / MA20: -7.91%
Price / MA50: +29.91%
Price / MA100: +51.96%
Price / MAexp7: +3.56%
Price / MAexp20: +2.83%
Price / MAexp50: -2.51%
Price / MAexp100: -5.52%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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