CAC NEXT 20

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	CN20
ISIN:	QS0010989109

CAC NEXT 20 - 1H - Technical analysis published on 04/05/2023 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

11%

61%

28%

My opinion

Neutral between 10,877.20 EUR and 11,118.80 EUR

My targets

My analysis

The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 10,877.20 EUR. The first resistance is located at 11,118.80 EUR. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by CAC NEXT 20.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish 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 NEXT 20 price is 11,011.56 EUR. The price registered a decrease of -0.01% on the session and was traded between 10,973.64 EUR and 11,096.48 EUR over the period. The price is currently at +0.35% from its lowest and -0.77% from its highest.

10,973.64

11,096.48

11,011.56

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.

Bullish opening

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 results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this CAC NEXT 20 chart shows a slightly bullish trend. 50.00% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. 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, 11 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10,699.60	10,877.20	10,991.80	11,011.56	11,118.80	11,427.00	11,566.50
Change (%)	-2.83%	-1.22%	-0.18%	-	+0.97%	+3.77%	+5.04%
Change	-311.96	-134.36	-19.76	-	+107.24	+415.44	+554.94
Level	Minor	Minor	Major	-	Major	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,835.13	10,904.39	10,957.97	11,027.23	11,080.81	11,150.07	11,203.65
Camarilla	10,977.78	10,989.04	11,000.30	11,011.56	11,022.82	11,034.08	11,045.34
Woodie	10,827.30	10,900.47	10,950.14	11,023.31	11,072.98	11,146.15	11,195.82
Fibonacci	10,904.39	10,951.31	10,980.30	11,027.23	11,074.15	11,103.14	11,150.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,395.49	10,548.82	10,805.40	10,958.73	11,215.31	11,368.64	11,625.22
Camarilla	10,949.26	10,986.83	11,024.41	11,061.98	11,099.56	11,137.13	11,174.71
Woodie	10,447.12	10,574.63	10,857.03	10,984.54	11,266.94	11,394.45	11,676.85
Fibonacci	10,548.82	10,705.41	10,802.14	10,958.73	11,115.32	11,212.05	11,368.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9,507.20	10,019.97	10,540.97	11,053.74	11,574.74	12,087.51	12,608.51
Camarilla	10,777.69	10,872.46	10,967.22	11,061.98	11,156.74	11,251.51	11,346.27
Woodie	9,511.33	10,022.03	10,545.10	11,055.80	11,578.87	12,089.57	12,612.64
Fibonacci	10,019.97	10,414.87	10,658.84	11,053.74	11,448.64	11,692.61	12,087.51

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):	42.47
MACD (12,26,9):	-10.4500
Directional Movement:	-2.78
AROON (14):	-92.86
DEMA (21):	11,018.23
Parabolic SAR (0,02-0,02-0,2):	11,061.29
Elder Ray (13):	-30.91
Super Trend (3,10):	11,086.29
Zig ZAG (10):	10,995.07
VORTEX (21):	0.8800
Stochastique (14,3,5):	12.65
TEMA (21):	10,990.10
Williams %R (14):	-85.98
Chande Momentum Oscillator (20):	-105.87
Repulse (5,40,3):	-0.0900
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	1.37

MA7:	10,974.29
MA20:	10,966.47
MA50:	11,195.71
MA100:	10,977.00
MAexp7:	11,004.89
MAexp20:	11,025.48
MAexp50:	11,006.98
MAexp100:	10,986.87
Price / MA7:	+0.34%
Price / MA20:	+0.41%
Price / MA50:	-1.64%
Price / MA100:	+0.31%
Price / MAexp7:	+0.06%
Price / MAexp20:	-0.13%
Price / MAexp50:	+0.04%
Price / MAexp100:	+0.22%

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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