CAC40 FCE FULL0125 - 1H - Technical analysis published on 04/01/2022 (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:
Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 6,636.82 EUR
My targets
6,773.00 EUR (+1.23%)
6,829.00 EUR (+2.06%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on CAC40 FCE FULL0422 as long as the price remains well above 6,636.82 EUR. The buyers' bullish objective is set at 6,773.00 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6,829.00 EUR. If there is any crossing, the next objective would be the resistance located at 6,896.40 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
4.3
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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
CAC40 FCE FULL0422 rating 6,691.00 EUR. The price registered an increase of +0.50% on the session with the lowest point at 6,630.00 EUR and the highest point at 6,700.00 EUR. The deviation from the price is +0.92% for the low point and -0.13% for the high point.6,630.00
6,700.00
6,691.00
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CAC40 FCE FULL0422 chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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 | 6,430.50 | 6,558.00 | 6,636.82 | 6,691.00 | 6,693.80 | 6,773.00 | 6,829.00 |
| Change (%) | -3.89% | -1.99% | -0.81% | - | +0.04% | +1.23% | +2.06% |
| Change | -260.50 | -133.00 | -54.18 | - | +2.80 | +82.00 | +138.00 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Minor |
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 | 6,434.33 | 6,525.17 | 6,591.33 | 6,682.17 | 6,748.33 | 6,839.17 | 6,905.33 |
| Camarilla | 6,614.33 | 6,628.72 | 6,643.11 | 6,657.50 | 6,671.89 | 6,686.28 | 6,700.68 |
| Woodie | 6,422.00 | 6,519.00 | 6,579.00 | 6,676.00 | 6,736.00 | 6,833.00 | 6,893.00 |
| Fibonacci | 6,525.17 | 6,585.14 | 6,622.19 | 6,682.17 | 6,742.14 | 6,779.19 | 6,839.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,304.83 | 6,411.17 | 6,480.83 | 6,587.17 | 6,656.83 | 6,763.17 | 6,832.83 |
| Camarilla | 6,502.10 | 6,518.23 | 6,534.37 | 6,550.50 | 6,566.63 | 6,582.77 | 6,598.90 |
| Woodie | 6,286.50 | 6,402.00 | 6,462.50 | 6,578.00 | 6,638.50 | 6,754.00 | 6,814.50 |
| Fibonacci | 6,411.17 | 6,478.40 | 6,519.94 | 6,587.17 | 6,654.40 | 6,695.94 | 6,763.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,913.00 | 5,330.50 | 5,994.00 | 6,411.50 | 7,075.00 | 7,492.50 | 8,156.00 |
| Camarilla | 6,360.23 | 6,459.32 | 6,558.41 | 6,657.50 | 6,756.59 | 6,855.68 | 6,954.78 |
| Woodie | 5,036.00 | 5,392.00 | 6,117.00 | 6,473.00 | 7,198.00 | 7,554.00 | 8,279.00 |
| Fibonacci | 5,330.50 | 5,743.44 | 5,998.56 | 6,411.50 | 6,824.44 | 7,079.56 | 7,492.50 |
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): | 49.34 | |
| MACD (12,26,9): | -9.9400 | |
| Directional Movement: | -6.73 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 6,673.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,625.40 | |
| Elder Ray (13): | 10.80 | |
| Super Trend (3,10): | 6,721.45 | |
| Zig ZAG (10): | 6,688.50 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 70.68 | |
| TEMA (21): | 6,664.13 | |
| Williams %R (14): | -31.43 | |
| Chande Momentum Oscillator (20): | 8.50 | |
| Repulse (5,40,3): | 0.2100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.18 |
| MA7: | 6,652.00 | |
| MA20: | 6,482.70 | |
| MA50: | 6,692.99 | |
| MA100: | 6,865.00 | |
| MAexp7: | 6,681.35 | |
| MAexp20: | 6,687.63 | |
| MAexp50: | 6,689.92 | |
| MAexp100: | 6,656.72 | |
| Price / MA7: | +0.59% | |
| Price / MA20: | +3.21% | |
| Price / MA50: | -0.03% | |
| Price / MA100: | -2.53% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.51% |
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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