CAC ALL SHARES
CAC ALL SHARES
- EUR (-)
- 15 min delayed data - Euronext Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: PAX
ISIN: QS0010989141

CAC ALL SHARES - Daily - Technical analysis published on 01/27/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 8,712.91 EUR
My targets
9,220.61 EUR (+4.56%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAC ALL SHARES as long as the price remains well above 8,712.91 EUR. The buyers' bullish objective is set at 9,220.61 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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. 1H Weekly

Additional analysis

Quotes

The CAC ALL SHARES price is 8,818.37 EUR. The price registered a decrease of -0.06% on the session and was traded between 8,782.44 EUR and 8,844.89 EUR over the period. The price is currently at +0.41% from its lowest and -0.30% from its highest.

8,782.44
8,844.89
8,818.37

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CAC ALL SHARES:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of CAC ALL SHARES indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 8,046.44 8,267.77 8,712.91 8,818.37 9,220.61
Change (%) -8.75% -6.24% -1.20% - +4.56%
Change -771.93 -550.60 -105.46 - +402.24
Level Major Minor Major - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,723.138,752.788,785.588,815.238,848.038,877.688,910.48
Camarilla8,801.208,806.928,812.658,818.378,824.108,829.828,835.54
Woodie8,724.708,753.578,787.158,816.028,849.608,878.478,912.05
Fibonacci8,752.788,776.648,791.388,815.238,839.098,853.838,877.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,561.208,623.878,721.128,783.798,881.048,943.719,040.96
Camarilla8,774.398,789.058,803.718,818.378,833.038,847.698,862.35
Woodie8,578.498,632.528,738.418,792.448,898.338,952.369,058.25
Fibonacci8,623.878,684.968,722.708,783.798,844.888,882.628,943.71


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7,274.207,597.457,807.848,131.098,341.488,664.738,875.12
Camarilla7,871.487,920.407,969.318,018.238,067.158,116.068,164.98
Woodie7,217.777,569.247,751.418,102.888,285.058,636.528,818.69
Fibonacci7,597.457,801.307,927.248,131.098,334.948,460.888,664.73

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): 67.73
MACD (12,26,9): 151.5600
Directional Movement: 18.87
AROON (14): 85.72
DEMA (21): 8,813.27
Parabolic SAR (0,02-0,02-0,2): 8,697.88
Elder Ray (13): 117.16
Super Trend (3,10): 8,532.34
Zig ZAG (10): 8,818.37
VORTEX (21): 1.3600
Stochastique (14,3,5): 88.99
TEMA (21): 8,862.69
Williams %R (14): -7.57
Chande Momentum Oscillator (20): 227.05
Repulse (5,40,3): 0.8400
ROCnROLL: 1
TRIX (15,9): 0.2500
Courbe Coppock: 8.54
MA7: 8,746.28
MA20: 8,608.24
MA50: 8,362.17
MA100: 7,987.54
MAexp7: 8,764.37
MAexp20: 8,616.42
MAexp50: 8,376.19
MAexp100: 8,171.07
Price / MA7: +0.82%
Price / MA20: +2.44%
Price / MA50: +5.46%
Price / MA100: +10.40%
Price / MAexp7: +0.62%
Price / MAexp20: +2.34%
Price / MAexp50: +5.28%
Price / MAexp100: +7.92%

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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