CAC SMALL - 1H - Technical analysis published on 10/19/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 11,409.20 EUR
My targets
11,558.60 EUR (+0.38%)
11,743.70 EUR (+1.99%)
My analysis
The bullish trend is currently very strong on CAC SMALL. As long as the price remains above the support at 11,409.20 EUR, you could try to benefit from the boom. The first bullish objective is located at 11,558.60 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 11,743.70 EUR as an objective. Crossing it would then enable buyers to target 11,927.60 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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
7.5
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Additional analysis
Quotes
CAC SMALL rating 11,514.59 EUR. The price registered a decrease of -0.02% on the session with the lowest point at 11,511.72 EUR and the highest point at 11,554.12 EUR. The deviation from the price is +0.02% for the low point and -0.34% for the high point.11,511.72
11,554.12
11,514.59
Here is a more detailed summary of the historical variations registered by CAC SMALL:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAC SMALL in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,969.90 | 11,131.50 | 11,409.20 | 11,514.59 | 11,558.60 | 11,743.70 | 11,927.60 |
| Change (%) | -4.73% | -3.33% | -0.92% | - | +0.38% | +1.99% | +3.59% |
| Change | -544.69 | -383.09 | -105.39 | - | +44.01 | +229.11 | +413.01 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | 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 | 11,446.25 | 11,477.00 | 11,497.07 | 11,527.82 | 11,547.89 | 11,578.64 | 11,598.71 |
| Camarilla | 11,503.16 | 11,507.81 | 11,512.47 | 11,517.13 | 11,521.79 | 11,526.45 | 11,531.11 |
| Woodie | 11,440.90 | 11,474.33 | 11,491.72 | 11,525.15 | 11,542.54 | 11,575.97 | 11,593.36 |
| Fibonacci | 11,477.00 | 11,496.42 | 11,508.41 | 11,527.82 | 11,547.24 | 11,559.23 | 11,578.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,586.68 | 10,777.83 | 11,039.26 | 11,230.41 | 11,491.84 | 11,682.99 | 11,944.42 |
| Camarilla | 11,176.23 | 11,217.72 | 11,259.20 | 11,300.69 | 11,342.18 | 11,383.66 | 11,425.15 |
| Woodie | 10,621.82 | 10,795.40 | 11,074.40 | 11,247.98 | 11,526.98 | 11,700.56 | 11,979.56 |
| Fibonacci | 10,777.83 | 10,950.72 | 11,057.52 | 11,230.41 | 11,403.30 | 11,510.10 | 11,682.99 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,665.05 | 9,711.89 | 10,362.30 | 11,409.14 | 12,059.55 | 13,106.39 | 13,756.80 |
| Camarilla | 10,545.97 | 10,701.55 | 10,857.13 | 11,012.71 | 11,168.29 | 11,323.87 | 11,479.45 |
| Woodie | 8,466.84 | 9,612.78 | 10,164.09 | 11,310.03 | 11,861.34 | 13,007.28 | 13,558.59 |
| Fibonacci | 9,711.89 | 10,360.24 | 10,760.79 | 11,409.14 | 12,057.49 | 12,458.04 | 13,106.39 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 66.44 | |
| MACD (12,26,9): | 72.8700 | |
| Directional Movement: | 24.51 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 11,566.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,507.76 | |
| Elder Ray (13): | 32.82 | |
| Super Trend (3,10): | 11,447.30 | |
| Zig ZAG (10): | 11,514.48 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 76.39 | |
| TEMA (21): | 11,575.09 | |
| Williams %R (14): | -29.52 | |
| Chande Momentum Oscillator (20): | 37.13 | |
| Repulse (5,40,3): | -0.6400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 2.38 |
| MA7: | 11,316.49 | |
| MA20: | 11,192.90 | |
| MA50: | 11,971.75 | |
| MA100: | 12,208.26 | |
| MAexp7: | 11,522.07 | |
| MAexp20: | 11,465.48 | |
| MAexp50: | 11,345.84 | |
| MAexp100: | 11,294.00 | |
| Price / MA7: | +1.75% | |
| Price / MA20: | +2.87% | |
| Price / MA50: | -3.82% | |
| Price / MA100: | -5.68% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | +0.43% | |
| Price / MAexp50: | +1.49% | |
| Price / MAexp100: | +1.95% |
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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