METROPOLE TV

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MMT
ISIN:	FR0000053225

METROPOLE TV - Daily - Technical analysis published on 08/14/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Strongly bearish

Technical indicators

33%

61%

My opinion

Bearish under 13.84 EUR

My targets

11.50 EUR (-10.27%)

10.79 EUR (-15.83%)

My analysis

The basic trend is very bearish on METROPOLE TV but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on METROPOLE TV. As long as you stay below the resistance 13.84 EUR, sellers' retain the upper hand. A break in the support at 11.50 EUR would be a signal that the basic trend will reverse. Sellers would then use the next support located at 10.79 EUR as an objective. Crossing it would then enable sellers to target 9.31 EUR. If the price were to depress the resistance 13.84 EUR in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

3.4

Comment on the analysis

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.

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Additional analysis

Quotes

The METROPOLE TV rating is 12.82 EUR. The price is lower by -0.08% since the last closing with the lowest point at 12.80 EUR and the highest point at 12.91 EUR. The deviation from the price is +0.16% for the low point and -0.70% for the high point.

12.80

12.91

12.82

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this METROPOLE TV chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the strongly bearish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 6 are bullish, 11 are neutral and 1 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.31	10.79	12.65	12.82	13.84	14.25	14.80
Change (%)	-27.38%	-15.83%	-1.33%	-	+7.96%	+11.15%	+15.44%
Change	-3.51	-2.03	-0.17	-	+1.02	+1.43	+1.98
Level	Major	Major	Major	-	Intermediate	Minor	Major

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	12.67	12.73	12.78	12.84	12.89	12.95	13.00
Camarilla	12.80	12.81	12.82	12.83	12.84	12.85	12.86
Woodie	12.67	12.73	12.78	12.84	12.89	12.95	13.00
Fibonacci	12.73	12.77	12.80	12.84	12.88	12.91	12.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.50	12.64	12.73	12.87	12.96	13.10	13.19
Camarilla	12.77	12.79	12.81	12.83	12.85	12.87	12.89
Woodie	12.49	12.63	12.72	12.86	12.95	13.09	13.18
Fibonacci	12.64	12.73	12.78	12.87	12.96	13.01	13.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.92	11.50	12.18	12.76	13.44	14.02	14.70
Camarilla	12.50	12.62	12.74	12.85	12.97	13.08	13.20
Woodie	10.96	11.53	12.22	12.79	13.48	14.05	14.74
Fibonacci	11.50	11.99	12.28	12.76	13.25	13.54	14.02

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):	48.20
MACD (12,26,9):	-0.0300
Directional Movement:	-3.73
AROON (14):	57.15
DEMA (21):	12.80
Parabolic SAR (0,02-0,02-0,2):	12.31
Elder Ray (13):	0.02
Super Trend (3,10):	13.05
Zig ZAG (10):	12.82
VORTEX (21):	0.9400
Stochastique (14,3,5):	83.15
TEMA (21):	12.84
Williams %R (14):	-19.78
Chande Momentum Oscillator (20):	0.19
Repulse (5,40,3):	-0.5100
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	1.69

MA7:	12.86
MA20:	12.80
MA50:	12.96
MA100:	13.27
MAexp7:	12.84
MAexp20:	12.84
MAexp50:	12.96
MAexp100:	13.05
Price / MA7:	-0.31%
Price / MA20:	+0.16%
Price / MA50:	-1.08%
Price / MA100:	-3.39%
Price / MAexp7:	-0.16%
Price / MAexp20:	-0.16%
Price / MAexp50:	-1.08%
Price / MAexp100:	-1.76%

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:

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

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