CAC40 FCE FULL0425 - 1H - Technical analysis published on 10/07/2021 (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:
Bullish
Underlying:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 6,486.22 EUR
My targets
6,621.17 EUR (+0.80%)
6,673.94 EUR (+1.61%)
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 FULL1021 with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6,486.22 EUR. The buyers' bullish objective is set at 6,621.17 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6,673.94 EUR. If there is any crossing, the next objective would be the resistance located at 6,708.80 EUR. If there is a bearish break in the support located at 6,486.22 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
5.4
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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 FULL1021 price is 6,568.50 EUR. The price has increased by +1.19% since the last closing and was between 6,543.50 EUR and 6,592.50 EUR. This implies that the price is at +0.38% from its lowest and at -0.36% from its highest.6,543.50
6,592.50
6,568.50
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAC40 FCE FULL1021:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAC40 FCE FULL1021 indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
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 under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6,426.90 | 6,486.22 | 6,560.00 | 6,568.50 | 6,621.17 | 6,673.94 | 6,708.80 |
| Change (%) | -2.16% | -1.25% | -0.13% | - | +0.80% | +1.61% | +2.14% |
| Change | -141.60 | -82.28 | -8.50 | - | +52.67 | +105.44 | +140.30 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
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 | 6,304.67 | 6,361.83 | 6,426.67 | 6,483.83 | 6,548.67 | 6,605.83 | 6,670.67 |
| Camarilla | 6,457.95 | 6,469.13 | 6,480.32 | 6,491.50 | 6,502.68 | 6,513.87 | 6,525.05 |
| Woodie | 6,308.50 | 6,363.75 | 6,430.50 | 6,485.75 | 6,552.50 | 6,607.75 | 6,674.50 |
| Fibonacci | 6,361.83 | 6,408.44 | 6,437.23 | 6,483.83 | 6,530.44 | 6,559.23 | 6,605.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,115.67 | 6,260.83 | 6,401.17 | 6,546.33 | 6,686.67 | 6,831.83 | 6,972.17 |
| Camarilla | 6,462.99 | 6,489.16 | 6,515.33 | 6,541.50 | 6,567.67 | 6,593.84 | 6,620.01 |
| Woodie | 6,113.25 | 6,259.63 | 6,398.75 | 6,545.13 | 6,684.25 | 6,830.63 | 6,969.75 |
| Fibonacci | 6,260.83 | 6,369.89 | 6,437.27 | 6,546.33 | 6,655.39 | 6,722.77 | 6,831.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,934.00 | 6,153.50 | 6,328.50 | 6,548.00 | 6,723.00 | 6,942.50 | 7,117.50 |
| Camarilla | 6,395.01 | 6,431.18 | 6,467.34 | 6,503.50 | 6,539.66 | 6,575.83 | 6,611.99 |
| Woodie | 5,911.75 | 6,142.38 | 6,306.25 | 6,536.88 | 6,700.75 | 6,931.38 | 7,095.25 |
| Fibonacci | 6,153.50 | 6,304.20 | 6,397.30 | 6,548.00 | 6,698.70 | 6,791.80 | 6,942.50 |
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): | 62.94 | |
| MACD (12,26,9): | 12.6400 | |
| Directional Movement: | 12.53 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 6,536.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,457.91 | |
| Elder Ray (13): | 35.49 | |
| Super Trend (3,10): | 6,480.51 | |
| Zig ZAG (10): | 6,570.00 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 84.26 | |
| TEMA (21): | 6,550.87 | |
| Williams %R (14): | -14.41 | |
| Chande Momentum Oscillator (20): | 116.00 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.87 |
| MA7: | 6,529.79 | |
| MA20: | 6,575.36 | |
| MA50: | 6,659.82 | |
| MA100: | 6,577.21 | |
| MAexp7: | 6,548.17 | |
| MAexp20: | 6,524.71 | |
| MAexp50: | 6,520.69 | |
| MAexp100: | 6,533.73 | |
| Price / MA7: | +0.59% | |
| Price / MA20: | -0.10% | |
| Price / MA50: | -1.37% | |
| Price / MA100: | -0.13% | |
| Price / MAexp7: | +0.31% | |
| Price / MAexp20: | +0.67% | |
| Price / MAexp50: | +0.73% | |
| Price / MAexp100: | +0.53% |
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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