CAC SMALL
CAC SMALL
- EUR (-)
- 15 min delayed data - Euronext Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: CACS
ISIN: QS0010989125

CAC SMALL - Daily - Technical analysis published on 09/27/2022 (GMT)

  • 178
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 11,404.00 EUR
My targets
10,530.97 EUR (-4.14%)
10,140.20 EUR (-7.70%)
My analysis
CAC SMALL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 11,404.00 EUR. The next support located at 10,530.97 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 10,140.20 EUR. Below this support, sellers could then target 9,078.15 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
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 SMALL price is 10,985.79 EUR. The price is lower by -0.07% since the last closing and was traded between 10,948.87 EUR and 11,078.22 EUR over the period. The price is currently at +0.34% from its lowest and -0.83% from its highest.

10,948.87
11,078.22
10,985.79

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CAC SMALL in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7,047.16 9,078.15 10,140.20 10,985.79 11,404.00 12,173.70 12,516.50
Change (%) -35.85% -17.36% -7.70% - +3.81% +10.81% +13.93%
Change -3,938.63 -1,907.64 -845.59 - +418.21 +1,187.91 +1,530.71
Level Major Minor Major - Intermediate Major Intermediate



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
Standard10,792.9110,881.9610,937.9111,026.9611,082.9111,171.9611,227.91
Camarilla10,954.0010,967.2910,980.5810,993.8711,007.1611,020.4511,033.75
Woodie10,776.3710,873.6910,921.3711,018.6911,066.3711,163.6911,211.37
Fibonacci10,881.9610,937.3510,971.5711,026.9611,082.3511,116.5711,171.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,977.2510,530.9710,820.1511,373.8711,663.0512,216.7712,505.95
Camarilla10,877.5310,954.8011,032.0611,109.3311,186.6011,263.8611,341.13
Woodie9,844.9810,464.8410,687.8811,307.7411,530.7812,150.6412,373.68
Fibonacci10,530.9710,852.9611,051.8811,373.8711,695.8611,894.7812,216.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,165.3911,780.4412,089.0412,704.0913,012.6913,627.7413,936.34
Camarilla12,143.6312,228.2912,312.9612,397.6312,482.3012,566.9712,651.63
Woodie11,012.1611,703.8311,935.8112,627.4812,859.4613,551.1313,783.11
Fibonacci11,780.4412,133.2812,351.2612,704.0913,056.9313,274.9113,627.74

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 15.90
MACD (12,26,9): -375.9500
Directional Movement: -47.08
AROON (14): -71.43
DEMA (21): 11,404.95
Parabolic SAR (0,02-0,02-0,2): 11,938.41
Elder Ray (13): -617.73
Super Trend (3,10): 11,535.52
Zig ZAG (10): 10,976.71
VORTEX (21): 0.5800
Stochastique (14,3,5): 1.74
TEMA (21): 11,141.30
Williams %R (14): -98.11
Chande Momentum Oscillator (20): -1,296.21
Repulse (5,40,3): -3.4100
ROCnROLL: 2
TRIX (15,9): -0.3000
Courbe Coppock: 14.43
MA7: 11,411.01
MA20: 11,938.63
MA50: 12,453.86
MA100: 12,488.30
MAexp7: 11,352.07
MAexp20: 11,843.74
MAexp50: 12,232.11
MAexp100: 12,532.28
Price / MA7: -3.73%
Price / MA20: -7.98%
Price / MA50: -11.79%
Price / MA100: -12.03%
Price / MAexp7: -3.23%
Price / MAexp20: -7.24%
Price / MAexp50: -10.19%
Price / MAexp100: -12.34%

Quotes : - 15 min delayed data - Euronext Indices

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

About author

Online

Overall rating :
15843
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis CAC SMALL - Daily