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 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

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 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:
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


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:

Central Indicators

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:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
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
Standard8,859.078,885.968,917.658,944.548,976.239,003.129,034.81
Camarilla8,933.248,938.618,943.988,949.358,954.728,960.098,965.46
Woodie8,861.488,887.168,920.068,945.748,978.649,004.329,037.22
Fibonacci8,885.968,908.338,922.168,944.548,966.918,980.749,003.12


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,716.428,799.728,874.548,957.849,032.669,115.969,190.78
Camarilla8,905.878,920.368,934.868,949.358,963.848,978.348,992.83
Woodie8,712.178,797.608,870.298,955.729,028.419,113.849,186.53
Fibonacci8,799.728,860.138,897.448,957.849,018.259,055.569,115.96


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,110.778,453.148,633.418,975.789,156.059,498.429,678.69
Camarilla8,669.948,717.858,765.768,813.678,861.588,909.498,957.40
Woodie8,029.718,412.628,552.358,935.269,074.999,457.909,597.63
Fibonacci8,453.148,652.798,776.148,975.789,175.439,298.789,498.42

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 - Euronext Indices

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

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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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