CAC40 FCE FULL0624 - Daily - Technical analysis published on 06/01/2022 (GMT)
- 182
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Neutral between 6,242.43 EUR and 6,529.50 EUR
My targets
-
My analysis
The basic trend is slightly bearish 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 6,529.50 EUR. The first support is located at 6,242.43 EUR. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish 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 CAC40 FCE FULL0622.
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.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAC40 FCE FULL0622 rating is 6,410.00 EUR. On the day, this instrument lost -0.72% and was traded between 6,391.50 EUR and 6,501.00 EUR over the period. The price is currently at +0.29% from its lowest and -1.40% from its highest.6,391.50
6,501.00
6,410.00
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAC40 FCE FULL0622:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CAC40 FCE FULL0622 chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
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.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,757.00 | 6,018.50 | 6,242.43 | 6,410.00 | 6,416.30 | 6,529.50 | 6,687.50 |
| Change (%) | -10.19% | -6.11% | -2.61% | - | +0.10% | +1.86% | +4.33% |
| Change | -653.00 | -391.50 | -167.57 | - | +6.30 | +119.50 | +277.50 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 6,319.33 | 6,378.17 | 6,417.33 | 6,476.17 | 6,515.33 | 6,574.17 | 6,613.33 |
| Camarilla | 6,429.55 | 6,438.53 | 6,447.52 | 6,456.50 | 6,465.48 | 6,474.47 | 6,483.45 |
| Woodie | 6,309.50 | 6,373.25 | 6,407.50 | 6,471.25 | 6,505.50 | 6,569.25 | 6,603.50 |
| Fibonacci | 6,378.17 | 6,415.60 | 6,438.73 | 6,476.17 | 6,513.60 | 6,536.73 | 6,574.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,987.33 | 6,095.67 | 6,294.33 | 6,402.67 | 6,601.33 | 6,709.67 | 6,908.33 |
| Camarilla | 6,408.58 | 6,436.72 | 6,464.86 | 6,493.00 | 6,521.14 | 6,549.28 | 6,577.43 |
| Woodie | 6,032.50 | 6,118.25 | 6,339.50 | 6,425.25 | 6,646.50 | 6,732.25 | 6,953.50 |
| Fibonacci | 6,095.67 | 6,212.94 | 6,285.39 | 6,402.67 | 6,519.94 | 6,592.39 | 6,709.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,546.83 | 5,774.17 | 6,115.33 | 6,342.67 | 6,683.83 | 6,911.17 | 7,252.33 |
| Camarilla | 6,300.16 | 6,352.28 | 6,404.39 | 6,456.50 | 6,508.61 | 6,560.73 | 6,612.84 |
| Woodie | 5,603.75 | 5,802.63 | 6,172.25 | 6,371.13 | 6,740.75 | 6,939.63 | 7,309.25 |
| Fibonacci | 5,774.17 | 5,991.33 | 6,125.50 | 6,342.67 | 6,559.83 | 6,694.00 | 6,911.17 |
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): | 53.07 | |
| MACD (12,26,9): | 28.2600 | |
| Directional Movement: | 2.79 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 6,376.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,273.10 | |
| Elder Ray (13): | 71.35 | |
| Super Trend (3,10): | 6,151.08 | |
| Zig ZAG (10): | 6,411.00 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 78.88 | |
| TEMA (21): | 6,430.37 | |
| Williams %R (14): | -38.15 | |
| Chande Momentum Oscillator (20): | 97.00 | |
| Repulse (5,40,3): | -1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 6.72 |
| MA7: | 6,409.29 | |
| MA20: | 6,289.30 | |
| MA50: | 6,379.03 | |
| MA100: | 6,510.31 | |
| MAexp7: | 6,414.59 | |
| MAexp20: | 6,355.23 | |
| MAexp50: | 6,378.27 | |
| MAexp100: | 6,458.20 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +1.92% | |
| Price / MA50: | +0.49% | |
| Price / MA100: | -1.54% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.86% | |
| Price / MAexp50: | +0.50% | |
| Price / MAexp100: | -0.75% |
Quotes :
-
15 min delayed data
-
LIFFE FR Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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