CAC 40 EQUAL WEIGH

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	CACEW
ISIN:	QS0011159777

CAC 40 EQUAL WEIGH - Daily - Technical analysis published on 12/07/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

28%

44%

My opinion

Bullish above 2,363.72 EUR

My targets

2,433.26 EUR (+1.05%)

2,487.69 EUR (+3.31%)

My analysis

The bullish trend is currently very strong on CAC 40 EQUAL WEIGH. As long as the price remains above the support at 2,363.72 EUR, you could try to benefit from the boom. The first bullish objective is located at 2,433.26 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2,487.69 EUR as an objective. Crossing it would then enable buyers to target 2,537.22 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.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.7

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 40 EQUAL WEIGH rating is 2,408.05 EUR. The price is lower by -0.03% since the last closing with the lowest point at 2,396.25 EUR and the highest point at 2,408.56 EUR. The deviation from the price is +0.49% for the low point and -0.02% for the high point.

2,396.25

2,408.56

2,408.05

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CAC 40 EQUAL WEIGH chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,099.50	2,210.51	2,260.74	2,408.05	2,433.26	2,487.69	2,537.22
Change (%)	-12.81%	-8.20%	-6.12%	-	+1.05%	+3.31%	+5.36%
Change	-308.55	-197.54	-147.31	-	+25.21	+79.64	+129.17
Level	Intermediate	Minor	Major	-	Major	Minor	Minor

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	2,379.98	2,388.70	2,398.72	2,407.44	2,417.46	2,426.18	2,436.20
Camarilla	2,403.59	2,405.30	2,407.02	2,408.74	2,410.46	2,412.18	2,413.89
Woodie	2,380.63	2,389.03	2,399.37	2,407.77	2,418.11	2,426.51	2,436.85
Fibonacci	2,388.70	2,395.86	2,400.28	2,407.44	2,414.60	2,419.02	2,426.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,362.20	2,380.72	2,407.57	2,426.09	2,452.94	2,471.46	2,498.31
Camarilla	2,421.93	2,426.09	2,430.25	2,434.41	2,438.57	2,442.73	2,446.89
Woodie	2,366.36	2,382.80	2,411.73	2,428.17	2,457.10	2,473.54	2,502.47
Fibonacci	2,380.72	2,398.06	2,408.76	2,426.09	2,443.43	2,454.13	2,471.46

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,092.19	2,165.23	2,290.68	2,363.72	2,489.17	2,562.21	2,687.66
Camarilla	2,361.55	2,379.74	2,397.94	2,416.13	2,434.33	2,452.52	2,470.72
Woodie	2,118.40	2,178.33	2,316.89	2,376.82	2,515.38	2,575.31	2,713.87
Fibonacci	2,165.23	2,241.05	2,287.90	2,363.72	2,439.54	2,486.39	2,562.21

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):	56.96
MACD (12,26,9):	32.2300
Directional Movement:	6.04
AROON (14):	71.43
DEMA (21):	2,439.49
Parabolic SAR (0,02-0,02-0,2):	2,374.59
Elder Ray (13):	-6.09
Super Trend (3,10):	2,350.24
Zig ZAG (10):	2,399.70
VORTEX (21):	1.0900
Stochastique (14,3,5):	55.63
TEMA (21):	2,437.34
Williams %R (14):	-61.97
Chande Momentum Oscillator (20):	4.62
Repulse (5,40,3):	0.1300
ROCnROLL:	-1
TRIX (15,9):	0.2700
Courbe Coppock:	2.48

MA7:	2,417.09
MA20:	2,407.05
MA50:	2,285.27
MA100:	2,288.71
MAexp7:	2,414.04
MAexp20:	2,391.25
MAexp50:	2,332.44
MAexp100:	2,311.37
Price / MA7:	-0.37%
Price / MA20:	+0.04%
Price / MA50:	+5.37%
Price / MA100:	+5.21%
Price / MAexp7:	-0.25%
Price / MAexp20:	+0.70%
Price / MAexp50:	+3.24%
Price / MAexp100:	+4.18%

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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