MEDIANTECHNOLOGIES - 1H - Technical analysis published on 09/09/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 5.457 EUR
My targets
4.803 EUR (-5.63%)
4.460 EUR (-12.38%)
My analysis
The bearish trend is currently very strong for MEDIANTECHNOLOGIES. As long as the price remains below the resistance at 5.457 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 4.803 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.460 EUR as an objective. Crossing it would then enable sellers to target 3.860 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.1
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MEDIANTECHNOLOGIES rating 5.090 EUR. The price is lower by -2.12% since the last closing with the lowest point at 4.725 EUR and the highest point at 5.200 EUR. The deviation from the price is +7.72% for the low point and -2.12% for the high point.4.725
5.200
5.090
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MEDIANTECHNOLOGIES:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this MEDIANTECHNOLOGIES chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.860 | 4.460 | 5.070 | 5.090 | 5.990 | 6.800 | 7.730 |
| Change (%) | -24.17% | -12.38% | -0.39% | - | +17.68% | +33.60% | +51.87% |
| Change | -1.230 | -0.630 | -0.020 | - | +0.900 | +1.710 | +2.640 |
| Level | Major | Intermediate | Major | - | Intermediate | 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 | 4.127 | 4.593 | 4.897 | 5.363 | 5.667 | 6.133 | 6.437 |
| Camarilla | 4.988 | 5.059 | 5.129 | 5.200 | 5.271 | 5.341 | 5.412 |
| Woodie | 4.045 | 4.553 | 4.815 | 5.323 | 5.585 | 6.093 | 6.355 |
| Fibonacci | 4.593 | 4.888 | 5.069 | 5.363 | 5.658 | 5.839 | 6.133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.753 | 4.407 | 4.803 | 5.457 | 5.853 | 6.507 | 6.903 |
| Camarilla | 4.911 | 5.008 | 5.104 | 5.200 | 5.296 | 5.393 | 5.489 |
| Woodie | 3.625 | 4.343 | 4.675 | 5.393 | 5.725 | 6.443 | 6.775 |
| Fibonacci | 4.407 | 4.808 | 5.056 | 5.457 | 5.858 | 6.106 | 6.507 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.333 | 1.633 | 3.827 | 5.793 | 7.987 | 9.953 | 12.147 |
| Camarilla | 4.876 | 5.257 | 5.639 | 6.020 | 6.401 | 6.783 | 7.164 |
| Woodie | -0.220 | 1.690 | 3.940 | 5.850 | 8.100 | 10.010 | 12.260 |
| Fibonacci | 1.633 | 3.223 | 4.204 | 5.793 | 7.383 | 8.364 | 9.953 |
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): | 29.21 | |
| MACD (12,26,9): | -0.1490 | |
| Directional Movement: | -27.281 | |
| AROON (14): | -71.429 | |
| DEMA (21): | 5.312 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.918 | |
| Elder Ray (13): | -0.446 | |
| Super Trend (3,10): | 5.590 | |
| Zig ZAG (10): | 5.100 | |
| VORTEX (21): | 0.7730 | |
| Stochastique (14,3,5): | 15.43 | |
| TEMA (21): | 5.273 | |
| Williams %R (14): | -68.78 | |
| Chande Momentum Oscillator (20): | -0.680 | |
| Repulse (5,40,3): | 3.7300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2110 | |
| Courbe Coppock: | 17.12 |
| MA7: | 5.561 | |
| MA20: | 6.275 | |
| MA50: | 4.579 | |
| MA100: | 3.866 | |
| MAexp7: | 5.297 | |
| MAexp20: | 5.490 | |
| MAexp50: | 5.746 | |
| MAexp100: | 5.972 | |
| Price / MA7: | -8.47% | |
| Price / MA20: | -18.88% | |
| Price / MA50: | +11.16% | |
| Price / MA100: | +31.66% | |
| Price / MAexp7: | -3.91% | |
| Price / MAexp20: | -7.29% | |
| Price / MAexp50: | -11.42% | |
| Price / MAexp100: | -14.77% |
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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