CAC40 INDEX

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	PX1
ISIN:	FR0003500008

CAC40 INDEX - Daily - Technical analysis published on 08/01/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Slightly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 4,953.09 EUR

My targets

4,600.13 EUR (-3.84%)

4,377.46 EUR (-8.49%)

My analysis

CAC40 INDEX is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 4,953.09 EUR, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 4,600.13 EUR. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 4,377.46 EUR would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 3,904.01 EUR. Beware of a possible return to above the resistance located at 4,953.09 EUR which would be a sign of a correction of the short-term bearish excesses registered.

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

3.4

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 Darkvador70. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CAC40 INDEX rating is 4,783.69 EUR. On the day, this instrument lost -1.43% and was between 4,783.69 EUR and 4,902.90 EUR. This implies that the price is at 0% from its lowest and at -2.43% from its highest.

4,783.69

4,902.90

4,783.69

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CAC40 INDEX:

Technical

Technical analysis of CAC40 INDEX in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3,904.01	4,377.46	4,600.13	4,783.69	4,953.09	5,275.55	5,640.10
Change (%)	-18.39%	-8.49%	-3.84%	-	+3.54%	+10.28%	+17.90%
Change	-879.68	-406.23	-183.56	-	+169.40	+491.86	+856.41
Level	Major	Major	Major	-	Major	Intermediate	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	4,633.82	4,717.42	4,785.18	4,868.78	4,936.54	5,020.14	5,087.90
Camarilla	4,811.32	4,825.19	4,839.07	4,852.94	4,866.81	4,880.69	4,894.56
Woodie	4,625.90	4,713.46	4,777.26	4,864.82	4,928.62	5,016.18	5,079.98
Fibonacci	4,717.42	4,775.24	4,810.96	4,868.78	4,926.60	4,962.32	5,020.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4,616.00	4,770.70	4,863.57	5,018.27	5,111.14	5,265.84	5,358.71
Camarilla	4,888.35	4,911.04	4,933.74	4,956.43	4,979.12	5,001.82	5,024.51
Woodie	4,585.08	4,755.24	4,832.65	5,002.81	5,080.22	5,250.38	5,327.79
Fibonacci	4,770.70	4,865.28	4,923.70	5,018.27	5,112.85	5,171.27	5,265.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4,158.78	4,425.30	4,680.64	4,947.16	5,202.50	5,469.02	5,724.36
Camarilla	4,792.48	4,840.32	4,888.15	4,935.99	4,983.83	5,031.66	5,079.50
Woodie	4,153.20	4,422.51	4,675.06	4,944.37	5,196.92	5,466.23	5,718.78
Fibonacci	4,425.30	4,624.65	4,747.81	4,947.16	5,146.51	5,269.67	5,469.02

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):	36.87
MACD (12,26,9):	-14.5200
Directional Movement:	-15.50
AROON (14):	-57.14
DEMA (21):	4,963.01
Parabolic SAR (0,02-0,02-0,2):	5,101.32
Elder Ray (13):	-106.17
Super Trend (3,10):	5,115.80
Zig ZAG (10):	4,783.69
VORTEX (21):	0.8100
Stochastique (14,3,5):	13.40
TEMA (21):	4,899.22
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-325.29
Repulse (5,40,3):	-4.2700
ROCnROLL:	2
TRIX (15,9):	0.0600
Courbe Coppock:	3.87

MA7:	4,922.02
MA20:	5,000.70
MA50:	4,947.63
MA100:	4,649.98
MAexp7:	4,907.56
MAexp20:	4,962.86
MAexp50:	4,916.81
MAexp100:	4,935.03
Price / MA7:	-2.81%
Price / MA20:	-4.34%
Price / MA50:	-3.31%
Price / MA100:	+2.88%
Price / MAexp7:	-2.52%
Price / MAexp20:	-3.61%
Price / MAexp50:	-2.71%
Price / MAexp100:	-3.07%

Quotes : 2020-07-31 15:35:01 - 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:

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

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