MEDINCELL

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MEDCL
ISIN:	FR0004065605

MEDINCELL - 1H - Technical analysis published on 08/05/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

61%

22%

My opinion

Bearish under 14.77 EUR

My targets

14.34 EUR (-1.38%)

13.93 EUR (-4.17%)

My analysis

MEDINCELL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 14.77 EUR. The next support located at 14.34 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 13.93 EUR. Below this support, sellers could then target 13.02 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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

Force

6.8

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 MEDINCELL rating is 14.54 EUR. The price is lower by -4.59% since the last closing and was traded between 14.04 EUR and 14.70 EUR over the period. The price is currently at +3.56% from its lowest and -1.09% from its highest.

14.04

14.70

14.54

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

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

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

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of MEDINCELL indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : 1 hour

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.14	13.02	14.34	14.54	14.57	14.77	15.06
Change (%)	-30.26%	-10.45%	-1.38%	-	+0.21%	+1.58%	+3.58%
Change	-4.40	-1.52	-0.20	-	+0.03	+0.23	+0.52
Level	Major	Intermediate	Minor	-	Intermediate	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.99	14.55	14.89	15.45	15.79	16.35	16.69
Camarilla	14.99	15.08	15.16	15.24	15.32	15.41	15.49
Woodie	13.89	14.50	14.79	15.40	15.69	16.30	16.59
Fibonacci	14.55	14.89	15.10	15.45	15.79	16.00	16.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.77	13.93	14.59	15.75	16.41	17.57	18.23
Camarilla	14.74	14.91	15.07	15.24	15.41	15.57	15.74
Woodie	12.51	13.81	14.33	15.63	16.15	17.45	17.97
Fibonacci	13.93	14.63	15.06	15.75	16.45	16.88	17.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.95	12.27	14.27	15.59	17.59	18.91	20.91
Camarilla	15.35	15.65	15.96	16.26	16.56	16.87	17.17
Woodie	11.28	12.44	14.60	15.76	17.92	19.08	21.24
Fibonacci	12.27	13.54	14.33	15.59	16.86	17.65	18.91

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):	18.17
MACD (12,26,9):	-0.3300
Directional Movement:	-47.31
AROON (14):	-92.86
DEMA (21):	15.19
Parabolic SAR (0,02-0,02-0,2):	15.47
Elder Ray (13):	-0.78
Super Trend (3,10):	15.25
Zig ZAG (10):	14.52
VORTEX (21):	0.7400
Stochastique (14,3,5):	18.99
TEMA (21):	14.88
Williams %R (14):	-78.76
Chande Momentum Oscillator (20):	-1.66
Repulse (5,40,3):	-0.2700
ROCnROLL:	2
TRIX (15,9):	-0.1600
Courbe Coppock:	14.60

MA7:	15.66
MA20:	15.28
MA50:	14.87
MA100:	13.33
MAexp7:	15.07
MAexp20:	15.55
MAexp50:	15.78
MAexp100:	15.67
Price / MA7:	-7.15%
Price / MA20:	-4.84%
Price / MA50:	-2.22%
Price / MA100:	+9.08%
Price / MAexp7:	-3.52%
Price / MAexp20:	-6.50%
Price / MAexp50:	-7.86%
Price / MAexp100:	-7.21%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on MEDINCELL 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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