CAC40 INDEX
CAC40 INDEX
5,939.27 EUR (+0.65%)
15 min delay - Euronext Indices
Open: 5,933.07
Change: +38.19
Volume: 3,053,181
Low: 5,907.95
High: 5,947.62
High / Low range: 39.67
Type: Indices
Ticker: PX1
ISIN: FR0003500008

CAC40 INDEX - 1H - Technical analysis published on 10/08/2019

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  • Timeframe : 1H
  • Status : NEUTRAL

Summary of the analysis

Trends
Court terme: Bullish
De fond: Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Neutral between 5,468.36 EUR and 5,531.62 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 5,531.62 EUR. The first support is located at 5,468.36 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.

Complete this analysis for another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The CAC40 INDEX rating is 5,521.61 EUR. The price registered an increase of +0.61% on the session with the lowest point at 5,461.59 EUR and the highest point at 5,524.19 EUR. The deviation from the price is +1.10% for the low point and -0.05% for the high point.

5,461.59
5,524.19
5,521.61

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H 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 given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Three white soldiers

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5,393.49 5,432.40 5,468.36 5,521.61 5,531.62 5,610.95 5,640.10
Change (%) -2.32% -1.62% -0.96% - +0.18% +1.62% +2.15%
Change -128.12 -89.21 -53.25 - +10.01 +89.34 +118.49
Level Major Major Minor - Minor 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
Standard5,384.455,405.235,446.775,467.555,509.095,529.875,571.41
Camarilla5,471.185,476.905,482.615,488.325,494.035,499.755,505.46
Woodie5,394.845,410.425,457.165,472.745,519.485,535.065,581.80
Fibonacci5,405.235,429.035,443.745,467.555,491.355,506.065,529.87


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,041.465,217.475,352.905,528.915,664.345,840.355,975.78
Camarilla5,402.675,431.225,459.775,488.325,516.875,545.425,573.97
Woodie5,021.165,207.335,332.605,518.775,644.045,830.215,955.48
Fibonacci5,217.475,336.445,409.945,528.915,647.885,721.385,840.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,258.835,350.005,513.905,605.075,768.975,860.146,024.04
Camarilla5,607.655,631.035,654.415,677.795,701.175,724.555,747.93
Woodie5,295.195,368.185,550.265,623.255,805.335,878.326,060.40
Fibonacci5,350.005,447.445,507.645,605.075,702.515,762.715,860.14

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.08
MACD (12,26,9): 3.3000
Directional Movement: 10.03
AROON (14): 92.86
DEMA (21): 5,487.46
Parabolic SAR (0,02-0,02-0,2): 5,493.76
Elder Ray (13): 23.42
Super Trend (3,10): 5,458.61
Zig ZAG (10): 5,521.61
VORTEX (21): 1.1500
Stochastique (14,3,5): 92.25
TEMA (21): 5,512.43
Williams %R (14): -3.21
Chande Momentum Oscillator (20): 41.84
Repulse (5,40,3): 0.4500
ROCnROLL: -1
TRIX (15,9): -0.0200
Courbe Coppock: 2.00
MA7: 5,541.07
MA20: 5,597.44
MA50: 5,479.96
MA100: 5,473.73
MAexp7: 5,505.06
MAexp20: 5,490.15
MAexp50: 5,514.82
MAexp100: 5,548.28
Price / MA7: -0.35%
Price / MA20: -1.35%
Price / MA50: +0.76%
Price / MA100: +0.87%
Price / MAexp7: +0.30%
Price / MAexp20: +0.57%
Price / MAexp50: +0.12%
Price / MAexp100: -0.48%

News


Don"t forget to follow the news on CAC40 INDEX. At the time of publication of this analysis, the latest news was as follows:

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

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