CAC40 FCE FULL0524 - 1H - Technical analysis published on 07/17/2020 (GMT)
- Who voted?
- 217
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 5,041.83 EUR
My targets
5,106.70 EUR (+0.76%)
5,146.00 EUR (+1.54%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CAC40 FCE FULL0820. As long as you are above the support located at 5,041.83 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 5,106.70 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 5,146.00 EUR as an objective. Crossing it would then enable buyers to target 5,249.85 EUR. If the support 5,041.83 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.1
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAC40 FCE FULL0820 price is 5,068.00 EUR. The price registered a decrease of -0.26% on the session and was traded between 5,046.50 EUR and 5,093.50 EUR over the period. The price is currently at +0.43% from its lowest and -0.50% from its highest.5,046.50
5,093.50
5,068.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAC40 FCE FULL0820 in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
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 | 4,872.78 | 4,962.89 | 5,041.83 | 5,068.00 | 5,106.70 | 5,146.00 | 5,249.85 |
Change (%) | -3.85% | -2.07% | -0.52% | - | +0.76% | +1.54% | +3.59% |
Change | -195.22 | -105.11 | -26.17 | - | +38.70 | +78.00 | +181.85 |
Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4,994.67 | 5,020.93 | 5,052.97 | 5,079.23 | 5,111.27 | 5,137.53 | 5,169.57 |
Camarilla | 5,068.97 | 5,074.31 | 5,079.66 | 5,085.00 | 5,090.34 | 5,095.69 | 5,101.03 |
Woodie | 4,997.55 | 5,022.38 | 5,055.85 | 5,080.68 | 5,114.15 | 5,138.98 | 5,172.45 |
Fibonacci | 5,020.93 | 5,043.20 | 5,056.96 | 5,079.23 | 5,101.50 | 5,115.26 | 5,137.53 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4,641.50 | 4,757.00 | 4,876.00 | 4,991.50 | 5,110.50 | 5,226.00 | 5,345.00 |
Camarilla | 4,930.51 | 4,952.01 | 4,973.50 | 4,995.00 | 5,016.50 | 5,037.99 | 5,059.49 |
Woodie | 4,643.25 | 4,757.88 | 4,877.75 | 4,992.38 | 5,112.25 | 5,226.88 | 5,346.75 |
Fibonacci | 4,757.00 | 4,846.58 | 4,901.92 | 4,991.50 | 5,081.08 | 5,136.42 | 5,226.00 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4,107.50 | 4,375.00 | 4,655.00 | 4,922.50 | 5,202.50 | 5,470.00 | 5,750.00 |
Camarilla | 4,784.44 | 4,834.63 | 4,884.81 | 4,935.00 | 4,985.19 | 5,035.38 | 5,085.56 |
Woodie | 4,113.75 | 4,378.13 | 4,661.25 | 4,925.63 | 5,208.75 | 5,473.13 | 5,756.25 |
Fibonacci | 4,375.00 | 4,584.15 | 4,713.36 | 4,922.50 | 5,131.65 | 5,260.86 | 5,470.00 |
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): | 48.94 | |
MACD (12,26,9): | 1.9100 | |
Directional Movement: | -1.47 | |
AROON (14): | -64.29 | |
DEMA (21): | 5,082.17 | |
Parabolic SAR (0,02-0,02-0,2): | 5,102.37 | |
Elder Ray (13): | -15.80 | |
Super Trend (3,10): | 5,047.16 | |
Zig ZAG (10): | 5,067.50 | |
VORTEX (21): | 0.9300 | |
Stochastique (14,3,5): | 21.65 | |
TEMA (21): | 5,069.66 | |
Williams %R (14): | -66.95 | |
Chande Momentum Oscillator (20): | -6.50 | |
Repulse (5,40,3): | -0.1400 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0200 | |
Courbe Coppock: | 0.27 |
MA7: | 5,035.36 | |
MA20: | 4,986.10 | |
MA50: | 4,808.36 | |
MA100: | 4,615.58 | |
MAexp7: | 5,069.96 | |
MAexp20: | 5,076.64 | |
MAexp50: | 5,058.37 | |
MAexp100: | 5,034.08 | |
Price / MA7: | +0.65% | |
Price / MA20: | +1.64% | |
Price / MA50: | +5.40% | |
Price / MA100: | +9.80% | |
Price / MAexp7: | -0.04% | |
Price / MAexp20: | -0.17% | |
Price / MAexp50: | +0.19% | |
Price / MAexp100: | +0.67% |
Quotes :
2020-07-17 10:12:15
-
15 min delayed data
-
LIFFE FR Futures
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
Add a comment
Comments
0 comments on the analysis CAC40 FCE FULL0524 - 1H