MEDIOBANCA

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MB
ISIN:	IT0000062957

MEDIOBANCA - Daily - Technical analysis published on 12/05/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

39%

33%

28%

My opinion

Bearish under 14.273 EUR

My targets

13.201 EUR (-5.20%)

12.429 EUR (-10.74%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MEDIOBANCA as long as the price remains well below 14.273 EUR. The sellers' bearish objective is set at 13.201 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12.429 EUR. In case of crossing, the next objective would be the support located at 11.699 EUR.

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

Force

4.1

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

MEDIOBANCA rating 13.925 EUR. On the day, this instrument lost -0.07% and was between 13.920 EUR and 14.040 EUR. This implies that the price is at +0.04% from its lowest and at -0.82% from its highest.

13.920

14.040

13.925

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

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of MEDIOBANCA in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 5 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

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	12.429	13.201	13.772	13.925	14.273	14.990	15.515
Change (%)	-10.74%	-5.20%	-1.10%	-	+2.50%	+7.65%	+11.42%
Change	-1.496	-0.724	-0.153	-	+0.348	+1.065	+1.590
Level	Intermediate	Intermediate	Major	-	Intermediate	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.612	13.728	13.832	13.948	14.052	14.168	14.272
Camarilla	13.875	13.895	13.915	13.935	13.955	13.975	13.996
Woodie	13.605	13.725	13.825	13.945	14.045	14.165	14.265
Fibonacci	13.728	13.812	13.864	13.948	14.032	14.084	14.168

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.125	13.395	13.600	13.870	14.075	14.345	14.550
Camarilla	13.674	13.718	13.762	13.805	13.849	13.892	13.936
Woodie	13.093	13.379	13.568	13.854	14.043	14.329	14.518
Fibonacci	13.395	13.577	13.689	13.870	14.052	14.164	14.345

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.729	12.690	13.247	14.208	14.765	15.726	16.283
Camarilla	13.388	13.527	13.666	13.805	13.944	14.083	14.223
Woodie	11.528	12.589	13.046	14.107	14.564	15.625	16.082
Fibonacci	12.690	13.270	13.628	14.208	14.788	15.146	15.726

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):	43.50
MACD (12,26,9):	-0.1900
Directional Movement:	-8.690
AROON (14):	-71.428
DEMA (21):	13.817
Parabolic SAR (0,02-0,02-0,2):	14.680
Elder Ray (13):	0.009
Super Trend (3,10):	14.577
Zig ZAG (10):	13.940
VORTEX (21):	0.9600
Stochastique (14,3,5):	35.64
TEMA (21):	13.734
Williams %R (14):	-59.12
Chande Momentum Oscillator (20):	-0.130
Repulse (5,40,3):	0.2990
ROCnROLL:	2
TRIX (15,9):	-0.2140
Courbe Coppock:	4.51

MA7:	13.878
MA20:	14.045
MA50:	14.499
MA100:	14.352
MAexp7:	13.903
MAexp20:	14.073
MAexp50:	14.291
MAexp100:	14.169
Price / MA7:	+0.34%
Price / MA20:	-0.85%
Price / MA50:	-3.96%
Price / MA100:	-2.98%
Price / MAexp7:	+0.16%
Price / MAexp20:	-1.05%
Price / MAexp50:	-2.56%
Price / MAexp100:	-1.72%

Quotes : - 15 min delayed data - Italy Stocks

News

The latest news and videos published on MEDIOBANCA 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.

About author

Londinia AI

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