CAC40 FCE FULL0125 - 1H - Technical analysis published on 12/06/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 6,832.50 EUR
My targets
6,720.00 EUR (-0.99%)
6,673.94 EUR (-1.67%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 6,832.50 EUR remains possible. It is advisable to trade CAC40 FCE FULL1221 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 6,832.50 EUR. The next bearish objective for sellers is set at 6,720.00 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6,673.94 EUR. In case of crossing, the next objective would be the support located at 6,292.50 EUR. PS: if there is a bullish break in the resistance located at 6,832.50 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.4
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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 FULL1221 price is 6,787.50 EUR. On the day, this instrument gained +0.39% with the lowest point at 6,771.50 EUR and the highest point at 6,818.50 EUR. The deviation from the price is +0.24% for the low point and -0.45% for the high point.6,771.50
6,818.50
6,787.50
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CAC40 FCE FULL1221 in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals 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. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6,673.94 | 6,720.00 | 6,772.67 | 6,787.50 | 6,832.50 | 6,899.00 | 7,010.00 |
| Change (%) | -1.67% | -0.99% | -0.22% | - | +0.66% | +1.64% | +3.28% |
| Change | -113.56 | -67.50 | -14.83 | - | +45.00 | +111.50 | +222.50 |
| Level | Major | Minor | Intermediate | - | Minor | Major | 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 | 6,559.17 | 6,640.33 | 6,706.67 | 6,787.83 | 6,854.17 | 6,935.33 | 7,001.67 |
| Camarilla | 6,732.44 | 6,745.96 | 6,759.48 | 6,773.00 | 6,786.52 | 6,800.04 | 6,813.56 |
| Woodie | 6,551.75 | 6,636.63 | 6,699.25 | 6,784.13 | 6,846.75 | 6,931.63 | 6,994.25 |
| Fibonacci | 6,640.33 | 6,696.68 | 6,731.49 | 6,787.83 | 6,844.18 | 6,878.99 | 6,935.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,385.50 | 6,513.00 | 6,643.00 | 6,770.50 | 6,900.50 | 7,028.00 | 7,158.00 |
| Camarilla | 6,702.19 | 6,725.79 | 6,749.40 | 6,773.00 | 6,796.60 | 6,820.21 | 6,843.81 |
| Woodie | 6,386.75 | 6,513.63 | 6,644.25 | 6,771.13 | 6,901.75 | 7,028.63 | 7,159.25 |
| Fibonacci | 6,513.00 | 6,611.37 | 6,672.14 | 6,770.50 | 6,868.87 | 6,929.64 | 7,028.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,988.83 | 6,314.67 | 6,523.83 | 6,849.67 | 7,058.83 | 7,384.67 | 7,593.83 |
| Camarilla | 6,585.88 | 6,634.92 | 6,683.96 | 6,733.00 | 6,782.04 | 6,831.08 | 6,880.13 |
| Woodie | 5,930.50 | 6,285.50 | 6,465.50 | 6,820.50 | 7,000.50 | 7,355.50 | 7,535.50 |
| Fibonacci | 6,314.67 | 6,519.04 | 6,645.30 | 6,849.67 | 7,054.04 | 7,180.30 | 7,384.67 |
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): | 50.49 | |
| MACD (12,26,9): | -5.6200 | |
| Directional Movement: | 0.51 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 6,773.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,723.44 | |
| Elder Ray (13): | 8.25 | |
| Super Trend (3,10): | 6,836.67 | |
| Zig ZAG (10): | 6,785.50 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 63.93 | |
| TEMA (21): | 6,769.97 | |
| Williams %R (14): | -42.01 | |
| Chande Momentum Oscillator (20): | -21.00 | |
| Repulse (5,40,3): | -0.2000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.07 |
| MA7: | 6,760.50 | |
| MA20: | 6,969.48 | |
| MA50: | 6,804.17 | |
| MA100: | 6,723.26 | |
| MAexp7: | 6,779.87 | |
| MAexp20: | 6,781.01 | |
| MAexp50: | 6,792.76 | |
| MAexp100: | 6,832.81 | |
| Price / MA7: | +0.40% | |
| Price / MA20: | -2.61% | |
| Price / MA50: | -0.24% | |
| Price / MA100: | +0.96% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.66% |
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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