CAC ALL-TRADABLE - 1H - Technical analysis published on 08/31/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 4,732.14 EUR
My targets
4,669.53 EUR (-0.76%)
4,525.31 EUR (-3.83%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CAC ALL-TRADABLE as long as the price remains well below 4,732.14 EUR. The next bearish objective for sellers is set at 4,669.53 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4,525.31 EUR. If there is any crossing, the next objective would be the support located at 4,398.86 EUR. 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 over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAC ALL-TRADABLE price is 4,705.36 EUR. The price registered a decrease of -0.06% on the session with the lowest point at 4,655.37 EUR and the highest point at 4,720.63 EUR. The deviation from the price is +1.07% for the low point and -0.32% for the high point.4,655.37
4,720.63
4,705.36
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CAC ALL-TRADABLE chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4,398.86 | 4,525.31 | 4,669.53 | 4,705.36 | 4,732.14 | 4,786.92 | 4,878.85 |
| Change (%) | -6.51% | -3.83% | -0.76% | - | +0.57% | +1.73% | +3.69% |
| Change | -306.50 | -180.05 | -35.83 | - | +26.78 | +81.56 | +173.49 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,583.55 | 4,635.84 | 4,672.08 | 4,724.37 | 4,760.61 | 4,812.90 | 4,849.14 |
| Camarilla | 4,683.98 | 4,692.10 | 4,700.22 | 4,708.33 | 4,716.45 | 4,724.56 | 4,732.68 |
| Woodie | 4,575.54 | 4,631.83 | 4,664.07 | 4,720.36 | 4,752.60 | 4,808.89 | 4,841.13 |
| Fibonacci | 4,635.84 | 4,669.66 | 4,690.55 | 4,724.37 | 4,758.19 | 4,779.08 | 4,812.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,548.93 | 4,645.68 | 4,701.39 | 4,798.14 | 4,853.85 | 4,950.60 | 5,006.31 |
| Camarilla | 4,715.18 | 4,729.16 | 4,743.14 | 4,757.11 | 4,771.09 | 4,785.06 | 4,799.04 |
| Woodie | 4,528.42 | 4,635.42 | 4,680.88 | 4,787.88 | 4,833.34 | 4,940.34 | 4,985.80 |
| Fibonacci | 4,645.68 | 4,703.92 | 4,739.90 | 4,798.14 | 4,856.38 | 4,892.36 | 4,950.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,032.37 | 4,211.97 | 4,553.51 | 4,733.11 | 5,074.65 | 5,254.25 | 5,595.79 |
| Camarilla | 4,751.74 | 4,799.51 | 4,847.28 | 4,895.05 | 4,942.82 | 4,990.59 | 5,038.36 |
| Woodie | 4,113.34 | 4,252.46 | 4,634.48 | 4,773.60 | 5,155.62 | 5,294.74 | 5,676.76 |
| Fibonacci | 4,211.97 | 4,411.05 | 4,534.04 | 4,733.11 | 4,932.19 | 5,055.18 | 5,254.25 |
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): | 39.74 | |
| MACD (12,26,9): | -23.6200 | |
| Directional Movement: | -15.22 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 4,681.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,728.28 | |
| Elder Ray (13): | -5.46 | |
| Super Trend (3,10): | 4,744.88 | |
| Zig ZAG (10): | 4,690.75 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 28.17 | |
| TEMA (21): | 4,680.66 | |
| Williams %R (14): | -70.41 | |
| Chande Momentum Oscillator (20): | -74.73 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 2.07 |
| MA7: | 4,767.20 | |
| MA20: | 4,882.86 | |
| MA50: | 4,738.28 | |
| MA100: | 4,784.56 | |
| MAexp7: | 4,691.80 | |
| MAexp20: | 4,714.04 | |
| MAexp50: | 4,760.42 | |
| MAexp100: | 4,809.60 | |
| Price / MA7: | -1.30% | |
| Price / MA20: | -3.64% | |
| Price / MA50: | -0.69% | |
| Price / MA100: | -1.66% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | -0.18% | |
| Price / MAexp50: | -1.16% | |
| Price / MAexp100: | -2.17% |
Quotes :
-
15 min delayed data
-
Euronext Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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