MONDO TV
MONDO TV
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MTV
ISIN: IT0001447785

MONDO TV - 1H - Technical analysis published on 10/31/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 0.2910 EUR
My targets
0.2812 EUR (-2.88%)
0.2653 EUR (-8.35%)
My analysis
The bearish trend is currently very strong for MONDO TV. As long as the price remains below the resistance at 0.2910 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.2812 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.2653 EUR as an objective. Crossing it would then enable sellers to target 0.2397 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.7

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.

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

Additional analysis

Quotes

MONDO TV rating 0.2895 EUR. The price has increased by +7.62% since the last closing and was between 0.2700 EUR and 0.3000 EUR. This implies that the price is at +7.22% from its lowest and at -3.50% from its highest.

0.2700
0.3000
0.2895

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



Here is a more detailed summary of the historical variations registered by MONDO TV:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of MONDO TV in 1H shows a overall strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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 scanner specialised in technical indicators, has identified this signal:

Central Indicators

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.2895 0.2910 0.3015 0.3323
Change (%) - +0.52% +4.15% +14.78%
Change - +0.0015 +0.0120 +0.0428
Level - Minor Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.22770.24830.25870.27930.28970.31030.3207
Camarilla0.26050.26330.26620.26900.27180.27470.2775
Woodie0.22250.24580.25350.27680.28450.30780.3155
Fibonacci0.24830.26020.26750.27930.29120.29850.3103


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.23970.26530.28120.30680.32270.34830.3642
Camarilla0.28560.28940.29320.29700.30080.30460.3084
Woodie0.23480.26290.27630.30440.31780.34590.3593
Fibonacci0.26530.28120.29100.30680.32270.33250.3483


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.25570.30280.33070.37780.40570.45280.4807
Camarilla0.33790.34480.35160.35850.36540.37230.3791
Woodie0.24600.29800.32100.37300.39600.44800.4710
Fibonacci0.30280.33150.34920.37780.40650.42420.4528

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): 44.38
MACD (12,26,9): -0.0064
Directional Movement: -10.3497
AROON (14): -78.5714
DEMA (21): 0.2855
Parabolic SAR (0,02-0,02-0,2): 0.2700
Elder Ray (13): 0.0023
Super Trend (3,10): 0.2715
Zig ZAG (10): 0.2895
VORTEX (21): 0.8344
Stochastique (14,3,5): 63.66
TEMA (21): 0.2846
Williams %R (14): -45.33
Chande Momentum Oscillator (20): -0.0075
Repulse (5,40,3): -2.0097
ROCnROLL: 2
TRIX (15,9): -0.3251
Courbe Coppock: 10.61
MA7: 0.3046
MA20: 0.3288
MA50: 0.3675
MA100: 0.3898
MAexp7: 0.2889
MAexp20: 0.2942
MAexp50: 0.3058
MAexp100: 0.3184
Price / MA7: -4.96%
Price / MA20: -11.95%
Price / MA50: -21.22%
Price / MA100: -25.73%
Price / MAexp7: +0.21%
Price / MAexp20: -1.60%
Price / MAexp50: -5.33%
Price / MAexp100: -9.08%

Quotes : - 15 min delayed data - Italy Stocks

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

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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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