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 : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 3.270 EUR

My targets

3.795 EUR (+15.00%)

4.063 EUR (+23.13%)

My analysis

The bullish trend is currently very strong on MEDIANTECHNOLOGIES. As long as the price remains above the support at 3.270 EUR, you could try to benefit from the boom. The first bullish objective is located at 3.795 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.063 EUR as an objective. Crossing it would then enable buyers to target 4.185 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

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

MEDIANTECHNOLOGIES rating 3.300 EUR. On the day, this instrument gained +30.95% and was between 2.465 EUR and 3.315 EUR. This implies that the price is at +33.87% from its lowest and at -0.45% from its highest.

2.465

3.315

3.300

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

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

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of MEDIANTECHNOLOGIES in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

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 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.940	3.096	3.270	3.300	3.795	4.185	5.065
Change (%)	-10.91%	-6.18%	-0.91%	-	+15.00%	+26.82%	+53.48%
Change	-0.360	-0.204	-0.030	-	+0.495	+0.885	+1.765
Level	Intermediate	Intermediate	Minor	-	Minor	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.888	2.177	2.738	3.027	3.588	3.877	4.438
Camarilla	3.066	3.144	3.222	3.300	3.378	3.456	3.534
Woodie	2.025	2.245	2.875	3.095	3.725	3.945	4.575
Fibonacci	2.177	2.501	2.702	3.027	3.351	3.552	3.877

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):	84.10
MACD (12,26,9):	0.1550
Directional Movement:	48.585
AROON (14):	57.143
DEMA (21):	2.944
Parabolic SAR (0,02-0,02-0,2):	2.586
Elder Ray (13):	0.282
Super Trend (3,10):	2.802
Zig ZAG (10):	3.300
VORTEX (21):	1.1980
Stochastique (14,3,5):	98.49
TEMA (21):	3.060
Williams %R (14):	-1.77
Chande Momentum Oscillator (20):	0.800
Repulse (5,40,3):	17.6250
ROCnROLL:	1
TRIX (15,9):	0.5340
Courbe Coppock:	31.96

MA7:	2.621
MA20:	2.730
MA50:	3.346
MA100:	3.820
MAexp7:	2.985
MAexp20:	2.768
MAexp50:	2.629
MAexp100:	2.633
Price / MA7:	+25.91%
Price / MA20:	+20.88%
Price / MA50:	-1.37%
Price / MA100:	-13.61%
Price / MAexp7:	+10.55%
Price / MAexp20:	+19.22%
Price / MAexp50:	+25.52%
Price / MAexp100:	+25.33%

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:

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

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