CAC40 FCE FULL0125 - Daily - Technical analysis published on 01/19/2022 (GMT)
- 269
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
6%
44%
50%
My opinion
Bullish above 7,058.00 EUR
My targets
7,313.50 EUR (+1.80%)
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 FULL0122 as long as the price remains well above 7,058.00 EUR. The buyers' bullish objective is set at 7,313.50 EUR. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are in opposition with the general bullish 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
3.8
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAC40 FCE FULL0122 rating 7,184.00 EUR. On the day, this instrument gained +0.71% and was between 7,092.50 EUR and 7,185.80 EUR. This implies that the price is at +1.29% from its lowest and at -0.03% from its highest.7,092.50
7,185.80
7,184.00
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAC40 FCE FULL0122 in Daily shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 6,896.40 | 7,058.00 | 7,155.33 | 7,184.00 | 7,313.50 |
| Change (%) | -4.00% | -1.75% | -0.40% | - | +1.80% |
| Change | -287.60 | -126.00 | -28.67 | - | +129.50 |
| Level | Intermediate | Minor | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,997.00 | 7,046.50 | 7,090.00 | 7,139.50 | 7,183.00 | 7,232.50 | 7,276.00 |
| Camarilla | 7,107.93 | 7,116.45 | 7,124.98 | 7,133.50 | 7,142.03 | 7,150.55 | 7,159.08 |
| Woodie | 6,994.00 | 7,045.00 | 7,087.00 | 7,138.00 | 7,180.00 | 7,231.00 | 7,273.00 |
| Fibonacci | 7,046.50 | 7,082.03 | 7,103.97 | 7,139.50 | 7,175.03 | 7,196.97 | 7,232.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,926.00 | 7,012.00 | 7,077.00 | 7,163.00 | 7,228.00 | 7,314.00 | 7,379.00 |
| Camarilla | 7,100.48 | 7,114.32 | 7,128.16 | 7,142.00 | 7,155.84 | 7,169.68 | 7,183.53 |
| Woodie | 6,915.50 | 7,006.75 | 7,066.50 | 7,157.75 | 7,217.50 | 7,308.75 | 7,368.50 |
| Fibonacci | 7,012.00 | 7,069.68 | 7,105.32 | 7,163.00 | 7,220.68 | 7,256.32 | 7,314.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,354.83 | 6,531.17 | 6,841.33 | 7,017.67 | 7,327.83 | 7,504.17 | 7,814.33 |
| Camarilla | 7,017.71 | 7,062.31 | 7,106.90 | 7,151.50 | 7,196.10 | 7,240.69 | 7,285.29 |
| Woodie | 6,421.75 | 6,564.63 | 6,908.25 | 7,051.13 | 7,394.75 | 7,537.63 | 7,881.25 |
| Fibonacci | 6,531.17 | 6,717.01 | 6,831.82 | 7,017.67 | 7,203.51 | 7,318.32 | 7,504.17 |
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): | 53.28 | |
| MACD (12,26,9): | 43.7100 | |
| Directional Movement: | -3.15 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 7,223.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 7,339.01 | |
| Elder Ray (13): | -37.79 | |
| Super Trend (3,10): | 7,064.43 | |
| Zig ZAG (10): | 7,173.00 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 25.95 | |
| TEMA (21): | 7,212.57 | |
| Williams %R (14): | -71.28 | |
| Chande Momentum Oscillator (20): | -66.00 | |
| Repulse (5,40,3): | 1.2100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 0.87 |
| MA7: | 7,187.29 | |
| MA20: | 7,185.70 | |
| MA50: | 7,052.12 | |
| MA100: | 6,859.61 | |
| MAexp7: | 7,179.15 | |
| MAexp20: | 7,156.10 | |
| MAexp50: | 7,050.79 | |
| MAexp100: | 6,896.15 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | -0.02% | |
| Price / MA50: | +1.87% | |
| Price / MA100: | +4.73% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.39% | |
| Price / MAexp50: | +1.89% | |
| Price / MAexp100: | +4.17% |
Quotes :
-
15 min delayed data
-
LIFFE FR Futures
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CAC40 FCE FULL0125 - Daily