Londinia Opportunities Analyses - 04/23/2024 (GMT) METROPOLE TV - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	MMT
ISIN:	FR0000053225

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 14.18 EUR

My targets

14.82 EUR (+2.35%)

14.86 EUR (+2.62%)

My analysis

METROPOLE TV is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.18 EUR. The next resistance located at 14.82 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14.86 EUR. After this resistance, buyers could then target 16.04 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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Additional analysis

Quotes

The METROPOLE TV price is 14.48 EUR. The price has increased by +0.00% since the last closing with the lowest point at 14.48 EUR and the highest point at 14.48 EUR. The deviation from the price is 0% for the low point and 0% for the high point.

14.48

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

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

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in 1H of this METROPOLE TV chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.80	13.95	14.18	14.48	14.50	14.82	16.04
Change (%)	-4.70%	-3.66%	-2.07%	-	+0.14%	+2.35%	+10.77%
Change	-0.68	-0.53	-0.30	-	+0.02	+0.34	+1.56
Level	Minor	Intermediate	Minor	-	Intermediate	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	14.12	14.20	14.34	14.42	14.56	14.64	14.78
Camarilla	14.42	14.44	14.46	14.48	14.50	14.52	14.54
Woodie	14.15	14.22	14.37	14.44	14.59	14.66	14.81
Fibonacci	14.20	14.28	14.34	14.42	14.50	14.56	14.64

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.48	13.68	13.94	14.14	14.40	14.60	14.86
Camarilla	14.07	14.12	14.16	14.20	14.24	14.28	14.33
Woodie	13.51	13.70	13.97	14.16	14.43	14.62	14.89
Fibonacci	13.68	13.86	13.96	14.14	14.32	14.42	14.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.38	11.95	12.88	13.45	14.38	14.95	15.88
Camarilla	13.41	13.55	13.68	13.82	13.96	14.10	14.23
Woodie	11.57	12.04	13.07	13.54	14.57	15.04	16.07
Fibonacci	11.95	12.52	12.87	13.45	14.02	14.37	14.95

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):	66.11
MACD (12,26,9):	0.0800
Directional Movement:	19.19
AROON (14):	42.86
DEMA (21):	14.45
Parabolic SAR (0,02-0,02-0,2):	14.38
Elder Ray (13):	0.06
Super Trend (3,10):	14.26
Zig ZAG (10):	14.48
VORTEX (21):	1.1500
Stochastique (14,3,5):	83.70
TEMA (21):	14.48
Williams %R (14):	-6.25
Chande Momentum Oscillator (20):	0.26
Repulse (5,40,3):	0.3400
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	2.98

MA7:	14.20
MA20:	13.90
MA50:	13.17
MA100:	12.97
MAexp7:	14.44
MAexp20:	14.34
MAexp50:	14.22
MAexp100:	14.06
Price / MA7:	+1.97%
Price / MA20:	+4.17%
Price / MA50:	+9.95%
Price / MA100:	+11.64%
Price / MAexp7:	+0.28%
Price / MAexp20:	+0.98%
Price / MAexp50:	+1.83%
Price / MAexp100:	+2.99%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on METROPOLE TV at the time of the generation of this analysis was as follows: