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 04/03/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 8,887.71 EUR
My targets
9,220.61 EUR (+1.43%)
My analysis
The basic bullish trend is very strong on CAC ALL SHARES but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 8,887.71 EUR. Crossing the first resistance at 9,220.61 EUR would be a sign of a potential new surge in the price. Caution, a return to below 8,887.71 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
7.9

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

CAC ALL SHARES rating 9,090.98 EUR. The price is lower by -0.01% since the last closing and was between 9,087.05 EUR and 9,121.35 EUR. This implies that the price is at +0.04% from its lowest and at -0.33% from its highest.

9,087.05
9,121.35
9,090.98

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CAC ALL SHARES:
The Central Records scanner for higher/lower results shows the following items:

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


Technical analysis of this Daily chart of CAC ALL SHARES indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 8,267.77 8,572.45 8,887.71 9,090.98 9,220.61
Change (%) -9.06% -5.70% -2.24% - +1.43%
Change -823.21 -518.53 -203.27 - +129.63
Level Intermediate Major Intermediate - Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,936.268,976.379,034.259,074.369,132.249,172.359,230.23
Camarilla9,065.199,074.189,083.169,092.149,101.129,110.119,119.09
Woodie8,945.168,980.819,043.159,078.809,141.149,176.799,239.13
Fibonacci8,976.379,013.809,036.929,074.369,111.799,134.919,172.35


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,504.108,630.638,861.398,987.929,218.689,345.219,575.97
Camarilla8,993.899,026.649,059.399,092.149,124.899,157.649,190.40
Woodie8,556.218,656.698,913.509,013.989,270.799,371.279,628.08
Fibonacci8,630.638,767.128,851.448,987.929,124.419,208.739,345.21


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7,991.448,239.578,665.868,913.999,340.289,588.4110,014.70
Camarilla8,906.688,968.509,030.329,092.149,153.969,215.789,277.61
Woodie8,080.518,284.118,754.938,958.539,429.359,632.9510,103.77
Fibonacci8,239.578,497.208,656.378,913.999,171.629,330.799,588.41

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): 59.20
MACD (12,26,9): 27.6600
Directional Movement: 0.15
AROON (14): 71.43
DEMA (21): 8,936.29
Parabolic SAR (0,02-0,02-0,2): 8,591.41
Elder Ray (13): 177.50
Super Trend (3,10): 9,148.75
Zig ZAG (10): 9,091.06
VORTEX (21): 1.0200
Stochastique (14,3,5): 95.39
TEMA (21): 8,938.27
Williams %R (14): -4.85
Chande Momentum Oscillator (20): 332.28
Repulse (5,40,3): 1.3000
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 2.03
MA7: 8,929.53
MA20: 8,876.09
MA50: 8,918.30
MA100: 8,615.88
MAexp7: 8,973.87
MAexp20: 8,911.95
MAexp50: 8,833.18
MAexp100: 8,618.79
Price / MA7: +1.81%
Price / MA20: +2.42%
Price / MA50: +1.94%
Price / MA100: +5.51%
Price / MAexp7: +1.31%
Price / MAexp20: +2.01%
Price / MAexp50: +2.92%
Price / MAexp100: +5.48%

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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