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 11/14/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Bullish above 11,720.90 EUR

My targets

12,516.50 EUR (+3.65%)

13,327.60 EUR (+10.37%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on CAC SMALL as long as the price remains well above 11,720.90 EUR. The buyers' bullish objective is set at 12,516.50 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13,327.60 EUR. If there is any crossing, the next objective would be the resistance located at 13,891.40 EUR.

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

4.6

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 SMALL rating is 12,075.29 EUR. The price is lower by -0.07% since the last closing and was between 12,056.18 EUR and 12,176.82 EUR. This implies that the price is at +0.16% from its lowest and at -0.83% from its highest.

12,056.18

12,176.82

12,075.29

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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 result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CAC SMALL in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10,831.90	11,404.00	11,720.90	12,075.29	12,173.70	12,516.50	13,327.60
Change (%)	-10.30%	-5.56%	-2.93%	-	+0.81%	+3.65%	+10.37%
Change	-1,243.39	-671.29	-354.39	-	+98.41	+441.21	+1,252.31
Level	Minor	Major	Major	-	Minor	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	11,927.41	11,969.51	12,026.75	12,068.85	12,126.09	12,168.19	12,225.43
Camarilla	12,056.66	12,065.77	12,074.87	12,083.98	12,093.09	12,102.19	12,111.30
Woodie	11,934.97	11,973.30	12,034.31	12,072.64	12,133.65	12,171.98	12,232.99
Fibonacci	11,969.51	12,007.46	12,030.91	12,068.85	12,106.80	12,130.25	12,168.19

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,301.89	11,469.10	11,776.54	11,943.75	12,251.19	12,418.40	12,725.84
Camarilla	11,953.45	11,996.96	12,040.47	12,083.98	12,127.49	12,171.00	12,214.51
Woodie	11,372.01	11,504.16	11,846.66	11,978.81	12,321.31	12,453.46	12,795.96
Fibonacci	11,469.10	11,650.42	11,762.43	11,943.75	12,125.07	12,237.08	12,418.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,189.04	10,514.57	11,101.06	11,426.59	12,013.08	12,338.61	12,925.10
Camarilla	11,436.74	11,520.34	11,603.94	11,687.54	11,771.14	11,854.74	11,938.35
Woodie	10,319.51	10,579.81	11,231.53	11,491.83	12,143.55	12,403.85	13,055.57
Fibonacci	10,514.57	10,862.97	11,078.20	11,426.59	11,774.99	11,990.22	12,338.61

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):	67.33
MACD (12,26,9):	120.7800
Directional Movement:	22.02
AROON (14):	50.00
DEMA (21):	11,846.33
Parabolic SAR (0,02-0,02-0,2):	11,547.77
Elder Ray (13):	316.28
Super Trend (3,10):	11,672.73
Zig ZAG (10):	12,075.19
VORTEX (21):	1.2100
Stochastique (14,3,5):	94.01
TEMA (21):	12,028.32
Williams %R (14):	-13.90
Chande Momentum Oscillator (20):	346.47
Repulse (5,40,3):	0.8800
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	6.00

MA7:	11,877.97
MA20:	11,687.59
MA50:	11,594.16
MA100:	12,054.29
MAexp7:	11,910.03
MAexp20:	11,723.34
MAexp50:	11,749.79
MAexp100:	12,041.37
Price / MA7:	+1.66%
Price / MA20:	+3.32%
Price / MA50:	+4.15%
Price / MA100:	+0.17%
Price / MAexp7:	+1.39%
Price / MAexp20:	+3.00%
Price / MAexp50:	+2.77%
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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