MEDINCELL
MEDINCELL
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MEDCL
ISIN: FR0004065605

MEDINCELL - Weekly - Technical analysis published on 05/20/2024 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 12.67 EUR
My targets
16.15 EUR (+13.10%)
My analysis
MEDINCELL 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 12.67 EUR. The next resistance located at 16.15 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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
0
10
8.4

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:
15 min. 1H Daily

Additional analysis

Quotes

MEDINCELL rating 14.28 EUR. Over 5 days, this instrument lost -4.80% with the lowest point at 13.42 EUR and the highest point at 14.58 EUR. The deviation from the price is +6.41% for the low point and -2.06% for the high point.

13.42
14.58
14.28

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

Central Gaps

Bullish opening

Type : Bullish

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:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in Weekly of this MEDINCELL chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Weekly


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly


RSI indicator: bearish divergence

Type : Bearish

Timeframe : Weekly

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.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 7.33 8.74 10.14 14.28 16.15
Change (%) -48.67% -38.80% -28.99% - +13.10%
Change -6.95 -5.54 -4.14 - +1.87
Level Intermediate Intermediate Major - 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
Standard13.1013.3213.7613.9814.4214.6415.08
Camarilla14.0214.0814.1414.2014.2614.3214.38
Woodie13.2113.3813.8714.0414.5314.7015.19
Fibonacci13.3213.5713.7313.9814.2314.3914.64


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.2712.3513.2714.3515.2716.3517.27
Camarilla13.6513.8314.0214.2014.3814.5714.75
Woodie11.2012.3113.2014.3115.2016.3117.20
Fibonacci12.3513.1113.5814.3515.1115.5816.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.197.1210.7412.6716.2918.2221.84
Camarilla12.8313.3413.8514.3614.8715.3815.89
Woodie6.047.5411.5913.0917.1418.6422.69
Fibonacci7.129.2410.5512.6714.7916.1018.22

Numerical data


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

Technical indicators
Moving averages

RSI (14): 81.25
MACD (12,26,9): 1.7100
Directional Movement: 43.01
AROON (14): 85.72
DEMA (21): 12.47
Parabolic SAR (0,02-0,02-0,2): 10.05
Elder Ray (13): 2.97
Super Trend (3,10): 12.21
Zig ZAG (10): 14.20
VORTEX (21): 1.3100
Stochastique (14,3,5): 74.88
TEMA (21): 13.65
Williams %R (14): -36.87
Chande Momentum Oscillator (20): 5.21
Repulse (5,40,3): 3.7600
ROCnROLL: 1
TRIX (15,9): 2.1100
Courbe Coppock: 99.55
MA7: 14.54
MA20: 13.79
MA50: 11.25
MA100: 9.79
MAexp7: 12.76
MAexp20: 10.49
MAexp50: 8.76
MAexp100: 8.06
Price / MA7: -1.79%
Price / MA20: +3.55%
Price / MA50: +26.93%
Price / MA100: +45.86%
Price / MAexp7: +11.91%
Price / MAexp20: +36.13%
Price / MAexp50: +63.01%
Price / MAexp100: +77.17%

Quotes : - 15 min delayed data - Euronext Paris

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

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