Londinia Opportunities Analyses - 01/19/2022 (GMT) MEDINCELL - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	MEDCL
ISIN:	FR0004065605

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 8.63 EUR

My targets

8.26 EUR (-2.59%)

7.97 EUR (-6.05%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MEDINCELL as long as the price remains well below 8.63 EUR. The sellers' bearish objective is set at 8.26 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 7.97 EUR. In case of crossing, the next objective would be the support located at 6.46 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The MEDINCELL price is 8.48 EUR. The price is lower by -2.53% since the last closing and was between 8.46 EUR and 8.66 EUR. This implies that the price is at +0.24% from its lowest and at -2.08% from its highest.

8.46

8.66

8.48

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MEDINCELL:

The Central Records scanner for higher/lower results shows the following items:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of MEDINCELL indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further decline is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

MACD crosses DOWN its Moving Average

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.50	6.46	8.26	8.48	8.63	9.09	9.35
Change (%)	-35.14%	-23.82%	-2.59%	-	+1.77%	+7.19%	+10.26%
Change	-2.98	-2.02	-0.22	-	+0.15	+0.61	+0.87
Level	Minor	Intermediate	Major	-	Intermediate	Minor	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	8.50	8.57	8.63	8.70	8.76	8.83	8.89
Camarilla	8.66	8.68	8.69	8.70	8.71	8.72	8.74
Woodie	8.51	8.57	8.64	8.70	8.77	8.83	8.90
Fibonacci	8.57	8.62	8.65	8.70	8.75	8.78	8.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.97	8.40	8.68	9.11	9.39	9.82	10.10
Camarilla	8.76	8.82	8.89	8.95	9.02	9.08	9.15
Woodie	7.89	8.36	8.60	9.07	9.31	9.78	10.02
Fibonacci	8.40	8.68	8.84	9.11	9.39	9.55	9.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.67	8.93	9.47	9.73	10.27	10.53	11.07
Camarilla	9.78	9.85	9.93	10.00	10.07	10.15	10.22
Woodie	8.80	9.00	9.60	9.80	10.40	10.60	11.20
Fibonacci	8.93	9.24	9.43	9.73	10.04	10.23	10.53

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	30.85
MACD (12,26,9):	-0.1000
Directional Movement:	-19.16
AROON (14):	-50.00
DEMA (21):	8.50
Parabolic SAR (0,02-0,02-0,2):	8.73
Elder Ray (13):	-0.09
Super Trend (3,10):	8.76
Zig ZAG (10):	8.46
VORTEX (21):	0.7600
Stochastique (14,3,5):	9.88
TEMA (21):	8.51
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-0.21
Repulse (5,40,3):	-2.1200
ROCnROLL:	2
TRIX (15,9):	-0.1700
Courbe Coppock:	3.20

MA7:	8.96
MA20:	9.49
MA50:	9.61
MA100:	9.38
MAexp7:	8.54
MAexp20:	8.64
MAexp50:	8.87
MAexp100:	9.12
Price / MA7:	-5.36%
Price / MA20:	-10.64%
Price / MA50:	-11.76%
Price / MA100:	-9.59%
Price / MAexp7:	-0.70%
Price / MAexp20:	-1.85%
Price / MAexp50:	-4.40%
Price / MAexp100:	-7.02%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on MEDINCELL. At the time of publication of this analysis, the latest news was as follows: