MEDIANTECHNOLOGIES - 15 min. - Technical analysis published on 09/10/2024 (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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 4.407 EUR
My targets
4.320 EUR (-0.69%)
4.085 EUR (-6.09%)
My analysis
MEDIANTECHNOLOGIES is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.407 EUR. The next support located at 4.320 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 4.085 EUR. Below this support, sellers could then target 3.645 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MEDIANTECHNOLOGIES rating 4.350 EUR. On the day, this instrument lost -4.50% with the lowest point at 4.290 EUR and the highest point at 4.530 EUR. The deviation from the price is +1.40% for the low point and -3.97% for the high point.4.290
4.530
4.350
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal 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 sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.963 | 3.863 | 4.318 | 4.350 | 5.070 | 5.990 | 6.800 |
| Change (%) | -31.89% | -11.20% | -0.74% | - | +16.55% | +37.70% | +56.32% |
| Change | -1.387 | -0.487 | -0.032 | - | +0.720 | +1.640 | +2.450 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.645 | 4.085 | 4.320 | 4.760 | 4.995 | 5.435 | 5.670 |
| Camarilla | 4.369 | 4.431 | 4.493 | 4.555 | 4.617 | 4.679 | 4.741 |
| Woodie | 3.543 | 4.034 | 4.218 | 4.709 | 4.893 | 5.384 | 5.568 |
| Fibonacci | 4.085 | 4.343 | 4.502 | 4.760 | 5.018 | 5.177 | 5.435 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.753 | 4.407 | 4.803 | 5.457 | 5.853 | 6.507 | 6.903 |
| Camarilla | 4.911 | 5.008 | 5.104 | 5.200 | 5.296 | 5.393 | 5.489 |
| Woodie | 3.625 | 4.343 | 4.675 | 5.393 | 5.725 | 6.443 | 6.775 |
| Fibonacci | 4.407 | 4.808 | 5.056 | 5.457 | 5.858 | 6.106 | 6.507 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.333 | 1.633 | 3.827 | 5.793 | 7.987 | 9.953 | 12.147 |
| Camarilla | 4.876 | 5.257 | 5.639 | 6.020 | 6.401 | 6.783 | 7.164 |
| Woodie | -0.220 | 1.690 | 3.940 | 5.850 | 8.100 | 10.010 | 12.260 |
| Fibonacci | 1.633 | 3.223 | 4.204 | 5.793 | 7.383 | 8.364 | 9.953 |
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): | 20.44 | |
| MACD (12,26,9): | -0.1330 | |
| Directional Movement: | -45.258 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 4.513 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.607 | |
| Elder Ray (13): | -0.199 | |
| Super Trend (3,10): | 4.612 | |
| Zig ZAG (10): | 4.425 | |
| VORTEX (21): | 0.5300 | |
| Stochastique (14,3,5): | 6.16 | |
| TEMA (21): | 4.484 | |
| Williams %R (14): | -94.57 | |
| Chande Momentum Oscillator (20): | -0.420 | |
| Repulse (5,40,3): | -1.5720 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3400 | |
| Courbe Coppock: | 12.92 |
| MA7: | 5.254 | |
| MA20: | 6.166 | |
| MA50: | 4.604 | |
| MA100: | 3.870 | |
| MAexp7: | 4.522 | |
| MAexp20: | 4.720 | |
| MAexp50: | 4.952 | |
| MAexp100: | 5.202 | |
| Price / MA7: | -17.21% | |
| Price / MA20: | -29.45% | |
| Price / MA50: | -5.52% | |
| Price / MA100: | +12.40% | |
| Price / MAexp7: | -3.80% | |
| Price / MAexp20: | -7.84% | |
| Price / MAexp50: | -12.16% | |
| Price / MAexp100: | -16.38% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on MEDIANTECHNOLOGIES at the time of the generation of this analysis 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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