CAC40 INDEX - 1H - Technical analysis published on 06/16/2020 (GMT)
- Who voted?
- 388
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
56%
11%
33%
My opinion
Neutral between 4,817.16 EUR and 4,966.82 EUR
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 4,817.16 EUR. The first resistance is located at 4,966.82 EUR. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 INDEX price is 4,894.09 EUR. The price has increased by +1.63% since the last closing and was between 4,887.56 EUR and 4,947.43 EUR. This implies that the price is at +0.13% from its lowest and at -1.08% from its highest.4,887.56
4,947.43
4,894.09
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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:
Technical
Technical analysis of CAC40 INDEX in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4,600.13 | 4,694.14 | 4,817.16 | 4,894.09 | 4,966.82 | 5,054.83 | 5,275.55 |
| Change (%) | -6.01% | -4.09% | -1.57% | - | +1.49% | +3.28% | +7.79% |
| Change | -293.96 | -199.95 | -76.93 | - | +72.73 | +160.74 | +381.46 |
| Level | Major | Major | Minor | - | Minor | Major | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 4,574.79 | 4,633.30 | 4,724.51 | 4,783.02 | 4,874.23 | 4,932.74 | 5,023.95 |
| Camarilla | 4,774.55 | 4,788.27 | 4,802.00 | 4,815.72 | 4,829.45 | 4,843.17 | 4,856.89 |
| Woodie | 4,591.14 | 4,641.48 | 4,740.86 | 4,791.20 | 4,890.58 | 4,940.92 | 5,040.30 |
| Fibonacci | 4,633.30 | 4,690.49 | 4,725.83 | 4,783.02 | 4,840.21 | 4,875.55 | 4,932.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,206.56 | 4,482.87 | 4,661.06 | 4,937.37 | 5,115.56 | 5,391.87 | 5,570.06 |
| Camarilla | 4,714.27 | 4,755.94 | 4,797.60 | 4,839.26 | 4,880.92 | 4,922.59 | 4,964.25 |
| Woodie | 4,157.51 | 4,458.34 | 4,612.01 | 4,912.84 | 5,066.51 | 5,367.34 | 5,521.01 |
| Fibonacci | 4,482.87 | 4,656.49 | 4,763.75 | 4,937.37 | 5,110.99 | 5,218.25 | 5,391.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,742.47 | 3,968.53 | 4,331.98 | 4,558.04 | 4,921.49 | 5,147.55 | 5,511.00 |
| Camarilla | 4,533.33 | 4,587.36 | 4,641.40 | 4,695.44 | 4,749.48 | 4,803.52 | 4,857.56 |
| Woodie | 3,811.18 | 4,002.88 | 4,400.69 | 4,592.39 | 4,990.20 | 5,181.90 | 5,579.70 |
| Fibonacci | 3,968.53 | 4,193.72 | 4,332.84 | 4,558.04 | 4,783.23 | 4,922.35 | 5,147.55 |
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): | 53.93 | |
| MACD (12,26,9): | -27.8700 | |
| Directional Movement: | 2.61 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 4,806.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,696.92 | |
| Elder Ray (13): | 56.79 | |
| Super Trend (3,10): | 4,751.21 | |
| Zig ZAG (10): | 4,910.68 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 73.54 | |
| TEMA (21): | 4,822.49 | |
| Williams %R (14): | -15.99 | |
| Chande Momentum Oscillator (20): | 64.08 | |
| Repulse (5,40,3): | -0.2500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1400 | |
| Courbe Coppock: | 1.78 |
| MA7: | 4,956.74 | |
| MA20: | 4,811.57 | |
| MA50: | 4,589.34 | |
| MA100: | 4,904.08 | |
| MAexp7: | 4,848.30 | |
| MAexp20: | 4,852.34 | |
| MAexp50: | 4,912.14 | |
| MAexp100: | 4,900.56 | |
| Price / MA7: | -1.26% | |
| Price / MA20: | +1.72% | |
| Price / MA50: | +6.64% | |
| Price / MA100: | -0.20% | |
| Price / MAexp7: | +0.94% | |
| Price / MAexp20: | +0.86% | |
| Price / MAexp50: | -0.37% | |
| Price / MAexp100: | -0.13% |
Quotes :
2020-06-16 08:23:45
-
15 min delayed data
-
Euronext Indices
News
The last news published on CAC40 INDEX at the time of the generation of this analysis was as follows:
-
Will the CAC 40 break higher? - 19th September 2019
-
What Is The French CAC?
-
L’actualité du Cac 40 à la clôture
-
DAX 30 , CAC 40 , Eurostoxx 50 gap lower on a stronger EURO, Draghi bites
-
Why I'm selling the CAC 40: O'Hare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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 INDEX - 1H