Find a Product / Trader / Group :
CAC40 Index
CAC40 Index
- EUR (-)
15 min delay - Euronext Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: PX1
ISIN: FR0003500008

CAC40 Index - CAC40 in strong upward trend - 07/16/2015

  • who voted?
  • 909
  • 0
The CAC 40 index is trading above its upward trend line on a daily time frame. The price has also broken its downward trend line if we draw this by connecting the lower lows near the right hand corner. The volatility of the index is relatively lower on this time frame as it is trading within the bollinger band. Having said that, the price has been falling higher in the direction of current upward trend.
The RSI indicator is trading in line with the price action which translates that while the price is making the higher high, the momentum indicator is also confirming the same. The MACD indicator which has been trading in an oversold region for some time has also bounced back up and it is also trading inline with the price action.
  • Timeframe : 1H
CAC40 Index - 1H
Download a full-size picture
This member did not declare if he had a position on this product.

About author


Overall rating :
Number of analysis :
Follower(s) :

Add a comment to this analysis

You must be logged in if you want to chat ...

Technical analysis comments

0 comments on the analysis CAC40 Index - 1H