MEDIANTECHNOLOGIES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALMDT
ISIN:	FR0011049824

MEDIANTECHNOLOGIES - 1H - Technical analysis published on 04/11/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

28%

My opinion

Bullish above 2.604 EUR

My targets

2.840 EUR (+4.60%)

2.863 EUR (+5.45%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on MEDIANTECHNOLOGIES. This is a positive signal for buyers. As long as the price remains above 2.604 EUR, a purchase could be considered. The first bullish objective is located at 2.840 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.863 EUR as an objective. Crossing it would then enable buyers to target 2.940 EUR. In the event of a return below 2.604 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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

5.9

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 pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MEDIANTECHNOLOGIES rating is 2.715 EUR. On the day, this instrument gained +7.74% with the lowest point at 2.465 EUR and the highest point at 2.720 EUR. The deviation from the price is +10.14% for the low point and -0.18% for the high point.

2.465

2.720

2.715

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this 1H chart of MEDIANTECHNOLOGIES indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

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, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.260	2.507	2.604	2.715	2.863	2.940	3.096
Change (%)	-16.76%	-7.66%	-4.09%	-	+5.45%	+8.29%	+14.03%
Change	-0.455	-0.208	-0.111	-	+0.148	+0.225	+0.381
Level	Major	Minor	Intermediate	-	Minor	Intermediate	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	2.247	2.373	2.447	2.573	2.647	2.773	2.847
Camarilla	2.465	2.483	2.502	2.520	2.538	2.557	2.575
Woodie	2.220	2.360	2.420	2.560	2.620	2.760	2.820
Fibonacci	2.373	2.450	2.497	2.573	2.650	2.697	2.773

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.060	2.200	2.320	2.460	2.580	2.720	2.840
Camarilla	2.369	2.392	2.416	2.440	2.464	2.488	2.512
Woodie	2.050	2.195	2.310	2.455	2.570	2.715	2.830
Fibonacci	2.200	2.299	2.361	2.460	2.559	2.621	2.720

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.802	1.593	2.037	2.828	3.272	4.063	4.507
Camarilla	2.140	2.254	2.367	2.480	2.593	2.706	2.820
Woodie	0.628	1.506	1.863	2.741	3.098	3.976	4.333
Fibonacci	1.593	2.065	2.357	2.828	3.300	3.592	4.063

Numerical data

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

Technical indicators

Moving averages

RSI (14):	58.19
MACD (12,26,9):	0.0250
Directional Movement:	19.855
AROON (14):	21.429
DEMA (21):	2.549
Parabolic SAR (0,02-0,02-0,2):	2.790
Elder Ray (13):	0.018
Super Trend (3,10):	2.441
Zig ZAG (10):	2.595
VORTEX (21):	0.9590
Stochastique (14,3,5):	44.54
TEMA (21):	2.577
Williams %R (14):	-42.68
Chande Momentum Oscillator (20):	0.040
Repulse (5,40,3):	7.2090
ROCnROLL:	1
TRIX (15,9):	0.1570
Courbe Coppock:	9.96

MA7:	2.534
MA20:	2.694
MA50:	3.332
MA100:	3.813
MAexp7:	2.558
MAexp20:	2.518
MAexp50:	2.508
MAexp100:	2.580
Price / MA7:	+7.14%
Price / MA20:	+0.78%
Price / MA50:	-18.52%
Price / MA100:	-28.80%
Price / MAexp7:	+6.14%
Price / MAexp20:	+7.82%
Price / MAexp50:	+8.25%
Price / MAexp100:	+5.23%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on MEDIANTECHNOLOGIES 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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