CAC40 LEVERAGE - Daily - Technical analysis published on 12/12/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 1,414.292 EUR
My targets
1,496.370 EUR (+2.35%)
1,553.630 EUR (+6.27%)
My analysis
The bullish trend is currently very strong on CAC40 LEVERAGE. As long as the price remains above the support at 1,414.292 EUR, you could try to benefit from the boom. The first bullish objective is located at 1,496.370 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,553.630 EUR as an objective. Crossing it would then enable buyers to target 1,649.000 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.9
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Additional analysis
Quotes
The CAC40 LEVERAGE rating is 1,461.964 EUR. The price registered a decrease of -0.02% on the session with the lowest point at 1,443.891 EUR and the highest point at 1,463.670 EUR. The deviation from the price is +1.25% for the low point and -0.12% for the high point.1,443.891
1,463.670
1,461.964
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 CAC40 LEVERAGE:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CAC40 LEVERAGE chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,234.000 | 1,328.820 | 1,451.800 | 1,461.964 | 1,496.370 | 1,553.630 | 1,649.000 |
| Change (%) | -15.59% | -9.11% | -0.70% | - | +2.35% | +6.27% | +12.79% |
| Change | -227.964 | -133.144 | -10.164 | - | +34.406 | +91.666 | +187.036 |
| Level | Major | Intermediate | Major | - | Major | 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 | 1,417.694 | 1,427.036 | 1,444.648 | 1,453.990 | 1,471.602 | 1,480.944 | 1,498.556 |
| Camarilla | 1,454.849 | 1,457.319 | 1,459.790 | 1,462.261 | 1,464.732 | 1,467.203 | 1,469.673 |
| Woodie | 1,421.830 | 1,429.104 | 1,448.784 | 1,456.058 | 1,475.738 | 1,483.012 | 1,502.692 |
| Fibonacci | 1,427.036 | 1,437.332 | 1,443.693 | 1,453.990 | 1,464.286 | 1,470.647 | 1,480.944 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,382.613 | 1,409.495 | 1,435.878 | 1,462.760 | 1,489.143 | 1,516.025 | 1,542.408 |
| Camarilla | 1,447.613 | 1,452.496 | 1,457.378 | 1,462.261 | 1,467.144 | 1,472.026 | 1,476.909 |
| Woodie | 1,382.364 | 1,409.370 | 1,435.629 | 1,462.635 | 1,488.894 | 1,515.900 | 1,542.159 |
| Fibonacci | 1,409.495 | 1,429.842 | 1,442.413 | 1,462.760 | 1,483.107 | 1,495.678 | 1,516.025 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,105.618 | 1,183.340 | 1,336.570 | 1,414.292 | 1,567.522 | 1,645.244 | 1,798.474 |
| Camarilla | 1,426.289 | 1,447.460 | 1,468.630 | 1,489.801 | 1,510.972 | 1,532.142 | 1,553.313 |
| Woodie | 1,143.373 | 1,202.217 | 1,374.325 | 1,433.169 | 1,605.277 | 1,664.121 | 1,836.229 |
| Fibonacci | 1,183.340 | 1,271.563 | 1,326.068 | 1,414.292 | 1,502.515 | 1,557.020 | 1,645.244 |
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): | 60.44 | |
| MACD (12,26,9): | 31.8570 | |
| Directional Movement: | 5.088 | |
| AROON (14): | -42.857 | |
| DEMA (21): | 1,494.060 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,499.690 | |
| Elder Ray (13): | -6.351 | |
| Super Trend (3,10): | 1,408.018 | |
| Zig ZAG (10): | 1,461.208 | |
| VORTEX (21): | 0.9820 | |
| Stochastique (14,3,5): | 28.47 | |
| TEMA (21): | 1,484.309 | |
| Williams %R (14): | -64.56 | |
| Chande Momentum Oscillator (20): | -13.267 | |
| Repulse (5,40,3): | 1.7130 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4680 | |
| Courbe Coppock: | 2.39 |
| MA7: | 1,465.425 | |
| MA20: | 1,461.661 | |
| MA50: | 1,338.134 | |
| MA100: | 1,313.633 | |
| MAexp7: | 1,463.366 | |
| MAexp20: | 1,445.095 | |
| MAexp50: | 1,377.467 | |
| MAexp100: | 1,343.955 | |
| Price / MA7: | -0.24% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | +9.25% | |
| Price / MA100: | +11.29% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | +1.17% | |
| Price / MAexp50: | +6.13% | |
| Price / MAexp100: | +8.78% |
Quotes :
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15 min delayed data
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Euronext Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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