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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 - Daily - Technical analysis published on 10/19/2022 (GMT)

  • 296
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Neutral between 5,796.22 EUR and 6,168.15 EUR
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 6,168.15 EUR. The first support is located at 5,796.22 EUR. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by CAC40 INDEX.

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The CAC40 INDEX price is 6,066.04 EUR. The price registered a decrease of -0.02% on the session and was traded between 6,045.84 EUR and 6,109.97 EUR over the period. The price is currently at +0.33% from its lowest and -0.72% from its highest.

6,045.84
6,109.97
6,066.04

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of CAC40 INDEX indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5,676.87 5,796.22 6,038.38 6,066.04 6,168.15 6,586.54 6,896.04
Change (%) -6.42% -4.45% -0.46% - +1.68% +8.58% +13.68%
Change -389.17 -269.82 -27.66 - +102.11 +520.50 +830.00
Level Intermediate Major 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.51
MACD (12,26,9): -17.8800
Directional Movement: 1.32
AROON (14): 92.86
DEMA (21): 5,906.62
Parabolic SAR (0,02-0,02-0,2): 5,758.97
Elder Ray (13): 127.94
Super Trend (3,10): 5,725.22
Zig ZAG (10): 6,063.84
VORTEX (21): 0.9700
Stochastique (14,3,5): 88.07
TEMA (21): 5,958.38
Williams %R (14): -15.34
Chande Momentum Oscillator (20): 270.91
Repulse (5,40,3): -0.2400
ROCnROLL: -1
TRIX (15,9): -0.1600
Courbe Coppock: 5.20
MA7: 5,947.98
MA20: 5,876.51
MA50: 6,113.35
MA100: 6,141.71
MAexp7: 5,983.63
MAexp20: 5,953.79
MAexp50: 6,046.08
MAexp100: 6,164.34
Price / MA7: +1.98%
Price / MA20: +3.23%
Price / MA50: -0.77%
Price / MA100: -1.23%
Price / MAexp7: +1.38%
Price / MAexp20: +1.89%
Price / MAexp50: +0.33%
Price / MAexp100: -1.59%

Quotes : - 15 min delayed data - Euronext Indices

News


The latest news and videos published on CAC40 INDEX at the time of the analysis were as follows:

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

About author

Londinia
Londinia AI

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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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