MEDIANTECHNOLOGIES - Daily - Technical analysis published on 01/30/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 4.185 EUR
My targets
3.865 EUR (-6.19%)
2.943 EUR (-28.56%)
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 4.185 EUR. The next support located at 3.865 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 2.943 EUR. Below this support, sellers could then target 2.260 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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Additional analysis
Quotes
MEDIANTECHNOLOGIES rating 4.120 EUR. On the day, this instrument gained +2.11% and was traded between 4.005 EUR and 4.120 EUR over the period. The price is currently at +2.87% from its lowest and 0% from its highest.4.005
4.120
4.120
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.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of MEDIANTECHNOLOGIES in Daily 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.958 | 2.260 | 3.865 | 4.120 | 4.185 | 4.403 | 5.066 |
| Change (%) | -76.75% | -45.15% | -6.19% | - | +1.58% | +6.87% | +22.96% |
| Change | -3.162 | -1.860 | -0.255 | - | +0.065 | +0.283 | +0.946 |
| Level | Intermediate | Minor | Major | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.802 | 3.868 | 3.952 | 4.018 | 4.102 | 4.168 | 4.252 |
| Camarilla | 3.994 | 4.008 | 4.021 | 4.035 | 4.049 | 4.063 | 4.076 |
| Woodie | 3.810 | 3.873 | 3.960 | 4.023 | 4.110 | 4.173 | 4.260 |
| Fibonacci | 3.868 | 3.926 | 3.961 | 4.018 | 4.076 | 4.111 | 4.168 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.460 | 3.580 | 3.805 | 3.925 | 4.150 | 4.270 | 4.495 |
| Camarilla | 3.935 | 3.967 | 3.998 | 4.030 | 4.062 | 4.093 | 4.125 |
| Woodie | 3.513 | 3.606 | 3.858 | 3.951 | 4.203 | 4.296 | 4.548 |
| Fibonacci | 3.580 | 3.712 | 3.793 | 3.925 | 4.057 | 4.138 | 4.270 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.127 | 2.943 | 3.847 | 4.663 | 5.567 | 6.383 | 7.287 |
| Camarilla | 4.277 | 4.435 | 4.592 | 4.750 | 4.908 | 5.065 | 5.223 |
| Woodie | 2.170 | 2.965 | 3.890 | 4.685 | 5.610 | 6.405 | 7.330 |
| Fibonacci | 2.943 | 3.600 | 4.006 | 4.663 | 5.320 | 5.726 | 6.383 |
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): | 44.07 | |
| MACD (12,26,9): | -0.1360 | |
| Directional Movement: | -0.076 | |
| AROON (14): | -57.143 | |
| DEMA (21): | 3.989 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.123 | |
| Elder Ray (13): | -0.029 | |
| Super Trend (3,10): | 4.376 | |
| Zig ZAG (10): | 4.090 | |
| VORTEX (21): | 0.8080 | |
| Stochastique (14,3,5): | 43.96 | |
| TEMA (21): | 3.886 | |
| Williams %R (14): | -51.25 | |
| Chande Momentum Oscillator (20): | -0.290 | |
| Repulse (5,40,3): | 4.9850 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4020 | |
| Courbe Coppock: | 21.30 |
| MA7: | 3.954 | |
| MA20: | 4.192 | |
| MA50: | 4.293 | |
| MA100: | 4.433 | |
| MAexp7: | 4.014 | |
| MAexp20: | 4.154 | |
| MAexp50: | 4.304 | |
| MAexp100: | 4.512 | |
| Price / MA7: | +4.20% | |
| Price / MA20: | -1.72% | |
| Price / MA50: | -4.03% | |
| Price / MA100: | -7.06% | |
| Price / MAexp7: | +2.64% | |
| Price / MAexp20: | -0.82% | |
| Price / MAexp50: | -4.28% | |
| Price / MAexp100: | -8.69% |
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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