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 - 1H - Technical analysis published on 01/31/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

39%

My opinion

Bullish above 13.04 EUR

My targets

13.43 EUR (+1.74%)

13.83 EUR (+4.77%)

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 13.04 EUR. The next resistance located at 13.43 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 13.83 EUR. After this resistance, buyers could then target 14.82 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

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.

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

Additional analysis

Quotes

The METROPOLE TV price is 13.20 EUR. The price registered a decrease of -0.08% on the session and was between 13.12 EUR and 13.24 EUR. This implies that the price is at +0.61% from its lowest and at -0.30% from its highest.

13.12

13.24

13.20

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

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, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.85	13.04	13.17	13.20	13.26	13.43	14.82
Change (%)	-2.65%	-1.21%	-0.23%	-	+0.45%	+1.74%	+12.27%
Change	-0.35	-0.16	-0.03	-	+0.06	+0.23	+1.62
Level	Intermediate	Intermediate	Minor	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.78	12.89	13.05	13.16	13.32	13.43	13.59
Camarilla	13.14	13.16	13.19	13.21	13.24	13.26	13.28
Woodie	12.81	12.90	13.08	13.17	13.35	13.44	13.62
Fibonacci	12.89	12.99	13.06	13.16	13.26	13.33	13.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.06	12.31	12.65	12.90	13.24	13.49	13.83
Camarilla	12.83	12.88	12.94	12.99	13.04	13.10	13.15
Woodie	12.11	12.33	12.70	12.92	13.29	13.51	13.88
Fibonacci	12.31	12.54	12.68	12.90	13.13	13.27	13.49

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.50	11.83	12.38	12.71	13.26	13.59	14.14
Camarilla	12.70	12.78	12.86	12.94	13.02	13.10	13.18
Woodie	11.62	11.89	12.50	12.77	13.38	13.65	14.26
Fibonacci	11.83	12.16	12.37	12.71	13.04	13.25	13.59

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):	60.31
MACD (12,26,9):	0.0600
Directional Movement:	5.99
AROON (14):	21.43
DEMA (21):	13.22
Parabolic SAR (0,02-0,02-0,2):	12.96
Elder Ray (13):	0.03
Super Trend (3,10):	13.05
Zig ZAG (10):	13.22
VORTEX (21):	1.0800
Stochastique (14,3,5):	81.54
TEMA (21):	13.24
Williams %R (14):	-14.29
Chande Momentum Oscillator (20):	0.05
Repulse (5,40,3):	-0.0800
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	3.61

MA7:	13.04
MA20:	12.98
MA50:	12.74
MA100:	12.37
MAexp7:	13.20
MAexp20:	13.14
MAexp50:	13.06
MAexp100:	12.99
Price / MA7:	+1.23%
Price / MA20:	+1.69%
Price / MA50:	+3.61%
Price / MA100:	+6.71%
Price / MAexp7:	-0%
Price / MAexp20:	+0.46%
Price / MAexp50:	+1.07%
Price / MAexp100:	+1.62%

Quotes : - 15 min delayed data - Euronext Paris

News

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

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

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