CAC40 FCE FULL0625 - 1H - Technical analysis published on 12/09/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 5,540.92 EUR
My targets
5,584.00 EUR (+0.30%)
5,611.50 EUR (+0.79%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade CAC40 FCE FULL1220 with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 5,540.92 EUR. The buyers” bullish objective is set at 5,584.00 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5,611.50 EUR. If there is any crossing, the next objective would be the resistance located at 5,928.00 EUR. If there is a bearish break in the support located at 5,540.92 EUR some indecision would arise.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
3.9
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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 FULL1220 price is 5,567.50 EUR. The price registered an increase of +0.20% on the session and was between 5,566.00 EUR and 5,599.00 EUR. This implies that the price is at +0.03% from its lowest and at -0.56% from its highest.5,566.00
5,599.00
5,567.50
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CAC40 FCE FULL1220 chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,449.33 | 5,485.50 | 5,540.92 | 5,567.50 | 5,571.00 | 5,584.00 | 5,611.50 |
| Change (%) | -2.12% | -1.47% | -0.48% | - | +0.06% | +0.30% | +0.79% |
| Change | -118.17 | -82.00 | -26.58 | - | +3.50 | +16.50 | +44.00 |
| Level | Minor | Minor | Intermediate | - | Minor | Minor | Major |
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 | 5,464.50 | 5,490.50 | 5,523.50 | 5,549.50 | 5,582.50 | 5,608.50 | 5,641.50 |
| Camarilla | 5,540.28 | 5,545.68 | 5,551.09 | 5,556.50 | 5,561.91 | 5,567.32 | 5,572.73 |
| Woodie | 5,468.00 | 5,492.25 | 5,527.00 | 5,551.25 | 5,586.00 | 5,610.25 | 5,645.00 |
| Fibonacci | 5,490.50 | 5,513.04 | 5,526.96 | 5,549.50 | 5,572.04 | 5,585.96 | 5,608.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,400.50 | 5,443.00 | 5,526.00 | 5,568.50 | 5,651.50 | 5,694.00 | 5,777.00 |
| Camarilla | 5,574.49 | 5,585.99 | 5,597.50 | 5,609.00 | 5,620.50 | 5,632.01 | 5,643.51 |
| Woodie | 5,420.75 | 5,453.13 | 5,546.25 | 5,578.63 | 5,671.75 | 5,704.13 | 5,797.25 |
| Fibonacci | 5,443.00 | 5,490.94 | 5,520.56 | 5,568.50 | 5,616.44 | 5,646.06 | 5,694.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,810.17 | 4,193.33 | 4,840.17 | 5,223.33 | 5,870.17 | 6,253.33 | 6,900.17 |
| Camarilla | 5,203.75 | 5,298.17 | 5,392.58 | 5,487.00 | 5,581.42 | 5,675.83 | 5,770.25 |
| Woodie | 3,942.00 | 4,259.25 | 4,972.00 | 5,289.25 | 6,002.00 | 6,319.25 | 7,032.00 |
| Fibonacci | 4,193.33 | 4,586.79 | 4,829.87 | 5,223.33 | 5,616.79 | 5,859.87 | 6,253.33 |
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): | 51.43 | |
| MACD (12,26,9): | 3.5500 | |
| Directional Movement: | 3.07 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 5,569.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,542.51 | |
| Elder Ray (13): | -0.35 | |
| Super Trend (3,10): | 5,544.19 | |
| Zig ZAG (10): | 5,568.50 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 63.76 | |
| TEMA (21): | 5,574.68 | |
| Williams %R (14): | -38.41 | |
| Chande Momentum Oscillator (20): | 30.50 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.11 |
| MA7: | 5,569.50 | |
| MA20: | 5,521.45 | |
| MA50: | 5,148.16 | |
| MA100: | 5,045.67 | |
| MAexp7: | 5,571.92 | |
| MAexp20: | 5,566.37 | |
| MAexp50: | 5,565.46 | |
| MAexp100: | 5,561.94 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | +0.83% | |
| Price / MA50: | +8.15% | |
| Price / MA100: | +10.34% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.10% |
Quotes :
2020-12-09 11:27:01
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15 min delayed data
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LIFFE FR Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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