MEDIANTECHNOLOGIES - 1H - Technical analysis published on 09/12/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 4.318 EUR
My targets
3.863 EUR (-10.06%)
3.753 EUR (-12.61%)
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 4.318 EUR. The next support located at 3.863 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 3.753 EUR. Below this support, sellers could then target 2.963 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1
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Additional analysis
Quotes
MEDIANTECHNOLOGIES rating 4.295 EUR. On the day, this instrument lost -4.87% and was between 4.200 EUR and 4.845 EUR. This implies that the price is at +2.26% from its lowest and at -11.35% from its highest.4.200
4.845
4.295
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
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
A technical analysis in 1H 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 scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.260 | 2.963 | 3.863 | 4.295 | 4.318 | 5.070 | 5.963 |
| Change (%) | -47.38% | -31.01% | -10.06% | - | +0.54% | +18.04% | +38.84% |
| Change | -2.035 | -1.332 | -0.432 | - | +0.023 | +0.775 | +1.668 |
| Level | Intermediate | Minor | Major | - | Minor | Major | Intermediate |
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 | 3.660 | 3.865 | 4.190 | 4.395 | 4.720 | 4.925 | 5.250 |
| Camarilla | 4.369 | 4.418 | 4.466 | 4.515 | 4.564 | 4.612 | 4.661 |
| Woodie | 3.720 | 3.895 | 4.250 | 4.425 | 4.780 | 4.955 | 5.310 |
| Fibonacci | 3.865 | 4.068 | 4.193 | 4.395 | 4.598 | 4.723 | 4.925 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 38.29 | |
| MACD (12,26,9): | -0.0920 | |
| Directional Movement: | -10.978 | |
| AROON (14): | 57.142 | |
| DEMA (21): | 4.343 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.845 | |
| Elder Ray (13): | -0.143 | |
| Super Trend (3,10): | 4.886 | |
| Zig ZAG (10): | 4.220 | |
| VORTEX (21): | 0.8580 | |
| Stochastique (14,3,5): | 45.59 | |
| TEMA (21): | 4.461 | |
| Williams %R (14): | -76.77 | |
| Chande Momentum Oscillator (20): | 0.065 | |
| Repulse (5,40,3): | -8.5700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4450 | |
| Courbe Coppock: | 9.83 |
| MA7: | 4.904 | |
| MA20: | 6.000 | |
| MA50: | 4.672 | |
| MA100: | 3.890 | |
| MAexp7: | 4.470 | |
| MAexp20: | 4.506 | |
| MAexp50: | 4.843 | |
| MAexp100: | 5.286 | |
| Price / MA7: | -12.42% | |
| Price / MA20: | -28.42% | |
| Price / MA50: | -8.07% | |
| Price / MA100: | +10.41% | |
| Price / MAexp7: | -3.91% | |
| Price / MAexp20: | -4.68% | |
| Price / MAexp50: | -11.32% | |
| Price / MAexp100: | -18.75% |
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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