CAC MID 60

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	CACMD
ISIN:	QS0010989117

CAC MID 60 - 1H - Technical analysis published on 06/07/2023 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Neutral

Technical indicators

61%

33%

My opinion

Neutral between 14,018.50 EUR and 14,188.90 EUR

My targets

My analysis

The basic trend is neutral 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 14,188.90 EUR. The first support is located at 14,018.50 EUR. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the 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 CAC MID 60.

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.

Comment on the analysis

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:

Additional analysis

Quotes

The CAC MID 60 price is 14,091.62 EUR. On the day, this instrument lost -0.01% and was between 14,037.39 EUR and 14,133.27 EUR. This implies that the price is at +0.39% from its lowest and at -0.29% from its highest.

14,037.39

14,133.27

14,091.62

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of CAC MID 60 indicates that the overall trend is not clearly defined. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.

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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13,771.60	13,910.30	14,018.50	14,091.62	14,188.90	14,395.40	14,513.90
Change (%)	-2.27%	-1.29%	-0.52%	-	+0.69%	+2.16%	+3.00%
Change	-320.02	-181.32	-73.12	-	+97.28	+303.78	+422.28
Level	Intermediate	Minor	Intermediate	-	Major	Minor	Minor

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	13,897.93	13,943.43	14,017.94	14,063.44	14,137.95	14,183.45	14,257.96
Camarilla	14,059.44	14,070.44	14,081.44	14,092.44	14,103.44	14,114.44	14,125.44
Woodie	13,912.43	13,950.68	14,032.44	14,070.69	14,152.45	14,190.70	14,272.46
Fibonacci	13,943.43	13,989.28	14,017.60	14,063.44	14,109.29	14,137.61	14,183.45

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,434.07	13,602.09	13,873.35	14,041.37	14,312.63	14,480.65	14,751.91
Camarilla	14,023.82	14,064.09	14,104.35	14,144.62	14,184.89	14,225.16	14,265.42
Woodie	13,485.70	13,627.90	13,924.98	14,067.18	14,364.26	14,506.46	14,803.54
Fibonacci	13,602.09	13,769.89	13,873.56	14,041.37	14,209.17	14,312.84	14,480.65

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,645.83	13,207.97	13,498.03	14,060.17	14,350.23	14,912.37	15,202.43
Camarilla	13,553.75	13,631.86	13,709.98	13,788.10	13,866.22	13,944.34	14,022.46
Woodie	12,509.80	13,139.95	13,362.00	13,992.15	14,214.20	14,844.35	15,066.40
Fibonacci	13,207.97	13,533.51	13,734.63	14,060.17	14,385.71	14,586.83	14,912.37

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):	57.73
MACD (12,26,9):	13.8800
Directional Movement:	11.38
AROON (14):	92.86
DEMA (21):	14,093.04
Parabolic SAR (0,02-0,02-0,2):	14,035.92
Elder Ray (13):	35.21
Super Trend (3,10):	14,031.63
Zig ZAG (10):	14,103.66
VORTEX (21):	0.9100
Stochastique (14,3,5):	90.14
TEMA (21):	14,095.90
Williams %R (14):	-21.25
Chande Momentum Oscillator (20):	89.36
Repulse (5,40,3):	0.0100
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.78

MA7:	14,008.60
MA20:	14,242.17
MA50:	14,366.33
MA100:	14,547.83
MAexp7:	14,093.73
MAexp20:	14,076.85
MAexp50:	14,066.01
MAexp100:	14,110.84
Price / MA7:	+0.59%
Price / MA20:	-1.06%
Price / MA50:	-1.91%
Price / MA100:	-3.14%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.10%
Price / MAexp50:	+0.18%
Price / MAexp100:	-0.14%

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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