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CAC40 INDEX
CAC40 INDEX
- EUR (-)
- 15 min delayed data - Euronext Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: PX1
ISIN: FR0003500008

CAC40 INDEX - 1H - Technical analysis published on 02/08/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
22%
39%
39%
My opinion
Neutral between 7,577.00 EUR and 7,677.47 EUR
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 7,577.00 EUR. The first resistance is located at 7,677.47 EUR. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by CAC40 INDEX.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

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.

Muhahaha
This analysis was given by Muhahaha. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CAC40 INDEX price is 7,611.26 EUR. On the day, this instrument lost -0.36% with the lowest point at 7,610.18 EUR and the highest point at 7,652.85 EUR. The deviation from the price is +0.01% for the low point and -0.54% for the high point.

7,610.18
7,652.85
7,611.26

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CAC40 INDEX:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CAC40 INDEX chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 7,382.52 7,495.84 7,577.00 7,611.26 7,677.47
Change (%) -3.01% -1.52% -0.45% - +0.87%
Change -228.74 -115.42 -34.26 - +66.21
Level Major Major Major - 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
Standard7,554.017,582.097,596.687,624.767,639.357,667.437,682.02
Camarilla7,599.537,603.447,607.357,611.267,615.177,619.087,622.99
Woodie7,547.267,578.727,589.937,621.397,632.607,664.067,675.27
Fibonacci7,582.097,598.397,608.467,624.767,641.067,651.137,667.43


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7,407.697,488.887,540.577,621.767,673.457,754.647,806.33
Camarilla7,555.727,567.907,580.087,592.267,604.447,616.627,628.80
Woodie7,392.947,481.517,525.827,614.397,658.707,747.277,791.58
Fibonacci7,488.887,539.647,571.007,621.767,672.527,703.887,754.64


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6,969.077,125.087,390.927,546.937,812.777,968.788,234.62
Camarilla7,540.747,579.417,618.087,656.757,695.427,734.097,772.76
Woodie7,023.987,152.547,445.837,574.397,867.687,996.248,289.53
Fibonacci7,125.087,286.237,385.797,546.937,708.087,807.647,968.78

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): 46.07
MACD (12,26,9): 3.4300
Directional Movement: -0.99
AROON (14): 50.00
DEMA (21): 7,625.40
Parabolic SAR (0,02-0,02-0,2): 7,652.85
Elder Ray (13): -7.37
Super Trend (3,10): 7,593.72
Zig ZAG (10): 7,611.26
VORTEX (21): 1.0600
Stochastique (14,3,5): 32.48
TEMA (21): 7,628.55
Williams %R (14): -94.22
Chande Momentum Oscillator (20): -11.27
Repulse (5,40,3): -0.2900
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 0.52
MA7: 7,622.20
MA20: 7,505.28
MA50: 7,481.80
MA100: 7,276.78
MAexp7: 7,622.80
MAexp20: 7,621.06
MAexp50: 7,613.20
MAexp100: 7,583.42
Price / MA7: -0.14%
Price / MA20: +1.41%
Price / MA50: +1.73%
Price / MA100: +4.60%
Price / MAexp7: -0.15%
Price / MAexp20: -0.13%
Price / MAexp50: -0.03%
Price / MAexp100: +0.37%

Quotes : - 15 min delayed data - Euronext Indices

News


Don't forget to follow the news on CAC40 INDEX. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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