CAC40 FCE FULL0125 - 1H - Technical analysis published on 07/30/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 6,587.43 EUR
My targets
6,673.00 EUR (+0.60%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAC40 FCE FULL0821 as long as the price remains well above 6,587.43 EUR. The buyers' bullish objective is set at 6,673.00 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.8
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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 FULL0821 rating is 6,633.50 EUR. The price registered an increase of +0.04% on the session with the lowest point at 6,585.00 EUR and the highest point at 6,645.50 EUR. The deviation from the price is +0.74% for the low point and -0.18% for the high point.6,585.00
6,645.50
6,633.50
Here is a more detailed summary of the historical variations registered by CAC40 FCE FULL0821:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAC40 FCE FULL0821 indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 6,514.50 | 6,587.43 | 6,627.00 | 6,633.50 | 6,673.00 |
| Change (%) | -1.79% | -0.69% | -0.10% | - | +0.60% |
| Change | -119.00 | -46.07 | -6.50 | - | +39.50 |
| Level | Major | Minor | Minor | - | Major |
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 | 6,532.50 | 6,567.00 | 6,599.00 | 6,633.50 | 6,665.50 | 6,700.00 | 6,732.00 |
| Camarilla | 6,612.71 | 6,618.81 | 6,624.90 | 6,631.00 | 6,637.10 | 6,643.19 | 6,649.29 |
| Woodie | 6,531.25 | 6,566.38 | 6,597.75 | 6,632.88 | 6,664.25 | 6,699.38 | 6,730.75 |
| Fibonacci | 6,567.00 | 6,592.40 | 6,608.10 | 6,633.50 | 6,658.90 | 6,674.60 | 6,700.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,014.83 | 6,131.17 | 6,345.33 | 6,461.67 | 6,675.83 | 6,792.17 | 7,006.33 |
| Camarilla | 6,468.61 | 6,498.91 | 6,529.20 | 6,559.50 | 6,589.80 | 6,620.09 | 6,650.39 |
| Woodie | 6,063.75 | 6,155.63 | 6,394.25 | 6,486.13 | 6,724.75 | 6,816.63 | 7,055.25 |
| Fibonacci | 6,131.17 | 6,257.42 | 6,335.42 | 6,461.67 | 6,587.92 | 6,665.92 | 6,792.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,163.83 | 6,294.17 | 6,406.83 | 6,537.17 | 6,649.83 | 6,780.17 | 6,892.83 |
| Camarilla | 6,452.68 | 6,474.95 | 6,497.23 | 6,519.50 | 6,541.78 | 6,564.05 | 6,586.33 |
| Woodie | 6,155.00 | 6,289.75 | 6,398.00 | 6,532.75 | 6,641.00 | 6,775.75 | 6,884.00 |
| Fibonacci | 6,294.17 | 6,386.99 | 6,444.34 | 6,537.17 | 6,629.99 | 6,687.34 | 6,780.17 |
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): | 71.94 | |
| MACD (12,26,9): | 23.7000 | |
| Directional Movement: | 25.69 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 6,625.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,593.16 | |
| Elder Ray (13): | 46.24 | |
| Super Trend (3,10): | 6,595.60 | |
| Zig ZAG (10): | 6,656.50 | |
| VORTEX (21): | 1.3100 | |
| Stochastique (14,3,5): | 92.36 | |
| TEMA (21): | 6,639.61 | |
| Williams %R (14): | -9.45 | |
| Chande Momentum Oscillator (20): | 84.50 | |
| Repulse (5,40,3): | 0.5200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.16 |
| MA7: | 6,557.43 | |
| MA20: | 6,509.10 | |
| MA50: | 6,515.34 | |
| MA100: | 6,299.94 | |
| MAexp7: | 6,629.82 | |
| MAexp20: | 6,598.47 | |
| MAexp50: | 6,566.15 | |
| MAexp100: | 6,533.10 | |
| Price / MA7: | +1.16% | |
| Price / MA20: | +1.91% | |
| Price / MA50: | +1.81% | |
| Price / MA100: | +5.29% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | +1.03% | |
| Price / MAexp100: | +1.54% |
Quotes :
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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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