CAC ALL SHARES - Daily - Technical analysis published on 06/09/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
33%
44%
22%
My opinion
Bearish under 9,220.61 EUR
My targets
8,572.45 EUR (-4.21%)
8,267.77 EUR (-7.62%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for CAC ALL SHARES as long as the price remains well below 9,220.61 EUR. The sellers' bearish objective is set at 8,572.45 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 8,267.77 EUR. If there is any crossing, the next objective would be the support located at 7,989.99 EUR.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAC ALL SHARES rating is 8,949.35 EUR. The price registered a decrease of -0.02% on the session with the lowest point at 8,912.84 EUR and the highest point at 8,971.42 EUR. The deviation from the price is +0.41% for the low point and -0.25% for the high point.8,912.84
8,971.42
8,949.35
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
A technical analysis in Daily of this CAC ALL SHARES chart shows a neutral trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 7,989.99 | 8,267.77 | 8,572.45 | 8,949.35 | 9,220.61 |
Change (%) | -10.72% | -7.62% | -4.21% | - | +3.03% |
Change | -959.36 | -681.58 | -376.90 | - | +271.26 |
Level | Intermediate | Intermediate | 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 |
---|---|---|---|---|---|---|---|
Standard | 8,859.07 | 8,885.96 | 8,917.65 | 8,944.54 | 8,976.23 | 9,003.12 | 9,034.81 |
Camarilla | 8,933.24 | 8,938.61 | 8,943.98 | 8,949.35 | 8,954.72 | 8,960.09 | 8,965.46 |
Woodie | 8,861.48 | 8,887.16 | 8,920.06 | 8,945.74 | 8,978.64 | 9,004.32 | 9,037.22 |
Fibonacci | 8,885.96 | 8,908.33 | 8,922.16 | 8,944.54 | 8,966.91 | 8,980.74 | 9,003.12 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 8,716.42 | 8,799.72 | 8,874.54 | 8,957.84 | 9,032.66 | 9,115.96 | 9,190.78 |
Camarilla | 8,905.87 | 8,920.36 | 8,934.86 | 8,949.35 | 8,963.84 | 8,978.34 | 8,992.83 |
Woodie | 8,712.17 | 8,797.60 | 8,870.29 | 8,955.72 | 9,028.41 | 9,113.84 | 9,186.53 |
Fibonacci | 8,799.72 | 8,860.13 | 8,897.44 | 8,957.84 | 9,018.25 | 9,055.56 | 9,115.96 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 8,110.77 | 8,453.14 | 8,633.41 | 8,975.78 | 9,156.05 | 9,498.42 | 9,678.69 |
Camarilla | 8,669.94 | 8,717.85 | 8,765.76 | 8,813.67 | 8,861.58 | 8,909.49 | 8,957.40 |
Woodie | 8,029.71 | 8,412.62 | 8,552.35 | 8,935.26 | 9,074.99 | 9,457.90 | 9,597.63 |
Fibonacci | 8,453.14 | 8,652.79 | 8,776.14 | 8,975.78 | 9,175.43 | 9,298.78 | 9,498.42 |
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): | 43.66 | |
MACD (12,26,9): | -65.9400 | |
Directional Movement: | -7.99 | |
AROON (14): | -57.14 | |
DEMA (21): | 8,936.82 | |
Parabolic SAR (0,02-0,02-0,2): | 8,998.86 | |
Elder Ray (13): | -37.62 | |
Super Trend (3,10): | 9,164.91 | |
Zig ZAG (10): | 8,949.35 | |
VORTEX (21): | 0.8900 | |
Stochastique (14,3,5): | 29.18 | |
TEMA (21): | 8,880.40 | |
Williams %R (14): | -68.10 | |
Chande Momentum Oscillator (20): | -14.39 | |
Repulse (5,40,3): | 0.4100 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1000 | |
Courbe Coppock: | 5.28 |
MA7: | 8,936.98 | |
MA20: | 9,043.55 | |
MA50: | 9,145.25 | |
MA100: | 9,019.30 | |
MAexp7: | 8,947.90 | |
MAexp20: | 9,017.49 | |
MAexp50: | 9,053.40 | |
MAexp100: | 8,923.99 | |
Price / MA7: | +0.14% | |
Price / MA20: | -1.04% | |
Price / MA50: | -2.14% | |
Price / MA100: | -0.78% | |
Price / MAexp7: | +0.02% | |
Price / MAexp20: | -0.76% | |
Price / MAexp50: | -1.15% | |
Price / MAexp100: | +0.28% |
Quotes :
-
15 min delayed data
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Euronext Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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