CAC40 INDEX
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 - 1H - Technical analysis published on 10/19/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 6,038.38 EUR
My targets
6,117.08 EUR (+0.89%)
6,168.15 EUR (+1.73%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAC40 INDEX as long as the price remains well above 6,038.38 EUR. The buyers' bullish objective is set at 6,117.08 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6,168.15 EUR. If there is any crossing, the next objective would be the resistance located at 6,586.54 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.4

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CAC40 INDEX rating is 6,063.13 EUR. The price is lower by -0.06% since the last closing with the lowest point at 6,045.84 EUR and the highest point at 6,096.11 EUR. The deviation from the price is +0.29% for the low point and -0.54% for the high point.

6,045.84
6,096.11
6,063.13

Here is a more detailed summary of the historical variations registered by CAC40 INDEX:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CAC40 INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5,796.22 5,912.12 6,038.38 6,063.13 6,117.08 6,168.15 6,586.54
Change (%) -4.40% -2.49% -0.41% - +0.89% +1.73% +8.63%
Change -266.91 -151.01 -24.75 - +53.95 +105.02 +523.41
Level Major Intermediate Major - Intermediate Intermediate Intermediate



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
Standard5,953.936,005.656,036.336,088.056,118.736,170.456,201.13
Camarilla6,044.346,051.896,059.456,067.006,074.556,082.116,089.66
Woodie5,943.406,000.396,025.806,082.796,108.206,165.196,190.60
Fibonacci6,005.656,037.136,056.586,088.056,119.536,138.986,170.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,403.065,553.975,742.945,893.856,082.826,233.736,422.70
Camarilla5,838.455,869.615,900.765,931.925,963.085,994.236,025.39
Woodie5,422.105,563.495,761.985,903.376,101.866,243.256,441.74
Fibonacci5,553.975,683.805,764.015,893.856,023.686,103.896,233.73


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,696.695,162.555,462.455,928.316,228.216,694.076,993.97
Camarilla5,551.765,621.955,692.155,762.345,832.545,902.735,972.92
Woodie4,613.705,121.065,379.465,886.826,145.226,652.586,910.98
Fibonacci5,162.555,455.075,635.795,928.316,220.836,401.556,694.07

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 55.17
MACD (12,26,9): 41.7500
Directional Movement: 9.22
AROON (14): 64.29
DEMA (21): 6,106.76
Parabolic SAR (0,02-0,02-0,2): 6,134.96
Elder Ray (13): -8.56
Super Trend (3,10): 6,014.85
Zig ZAG (10): 6,054.75
VORTEX (21): 1.1100
Stochastique (14,3,5): 50.98
TEMA (21): 6,111.81
Williams %R (14): -62.68
Chande Momentum Oscillator (20): 20.87
Repulse (5,40,3): -0.7500
ROCnROLL: -1
TRIX (15,9): 0.1200
Courbe Coppock: 3.11
MA7: 5,946.91
MA20: 5,876.03
MA50: 6,113.14
MA100: 6,141.61
MAexp7: 6,078.54
MAexp20: 6,047.81
MAexp50: 5,978.05
MAexp100: 5,938.70
Price / MA7: +1.95%
Price / MA20: +3.18%
Price / MA50: -0.82%
Price / MA100: -1.28%
Price / MAexp7: -0.25%
Price / MAexp20: +0.25%
Price / MAexp50: +1.42%
Price / MAexp100: +2.10%

Quotes : - 15 min delayed data - Euronext Indices

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

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