CAC ALL-TRADABLE - 1H - Technical analysis published on 07/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 5,463.99 EUR
My targets
5,533.73 EUR (+0.56%)
5,598.58 EUR (+1.74%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAC ALL-TRADABLE as long as the price remains well above 5,463.99 EUR. The buyers' bullish objective is set at 5,533.73 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5,598.58 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 overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.2
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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 rating is 5,502.94 EUR. The price registered a decrease of -0.02% on the session and was between 5,502.94 EUR and 5,525.94 EUR. This implies that the price is at 0% from its lowest and at -0.42% from its highest.5,502.94
5,525.94
5,502.94
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
Here is a more detailed summary of the historical variations registered by CAC ALL-TRADABLE:
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
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CAC ALL-TRADABLE chart shows a strongly bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 5,420.95 | 5,463.99 | 5,501.13 | 5,502.94 | 5,533.73 | 5,598.58 |
| Change (%) | -1.49% | -0.71% | -0.03% | - | +0.56% | +1.74% |
| Change | -81.99 | -38.95 | -1.81 | - | +30.79 | +95.64 |
| Level | Intermediate | Minor | Minor | - | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 5,426.56 | 5,452.94 | 5,478.35 | 5,504.73 | 5,530.14 | 5,556.52 | 5,581.93 |
| Camarilla | 5,489.52 | 5,494.27 | 5,499.01 | 5,503.76 | 5,508.51 | 5,513.26 | 5,518.00 |
| Woodie | 5,426.08 | 5,452.70 | 5,477.87 | 5,504.49 | 5,529.66 | 5,556.28 | 5,581.45 |
| Fibonacci | 5,452.94 | 5,472.72 | 5,484.95 | 5,504.73 | 5,524.51 | 5,536.74 | 5,556.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,942.20 | 5,105.46 | 5,209.31 | 5,372.57 | 5,476.42 | 5,639.68 | 5,743.53 |
| Camarilla | 5,239.71 | 5,264.19 | 5,288.68 | 5,313.16 | 5,337.65 | 5,362.13 | 5,386.62 |
| Woodie | 4,912.50 | 5,090.61 | 5,179.61 | 5,357.72 | 5,446.72 | 5,624.83 | 5,713.83 |
| Fibonacci | 5,105.46 | 5,207.50 | 5,270.53 | 5,372.57 | 5,474.61 | 5,537.64 | 5,639.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,131.53 | 5,214.73 | 5,365.23 | 5,448.43 | 5,598.93 | 5,682.13 | 5,832.63 |
| Camarilla | 5,451.47 | 5,472.90 | 5,494.32 | 5,515.74 | 5,537.16 | 5,558.59 | 5,580.01 |
| Woodie | 5,165.19 | 5,231.56 | 5,398.89 | 5,465.26 | 5,632.59 | 5,698.96 | 5,866.29 |
| Fibonacci | 5,214.73 | 5,304.00 | 5,359.15 | 5,448.43 | 5,537.70 | 5,592.85 | 5,682.13 |
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): | 63.68 | |
| MACD (12,26,9): | 25.1700 | |
| Directional Movement: | 17.97 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 5,535.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,504.50 | |
| Elder Ray (13): | 3.34 | |
| Super Trend (3,10): | 5,489.08 | |
| Zig ZAG (10): | 5,512.43 | |
| VORTEX (21): | 1.3000 | |
| Stochastique (14,3,5): | 55.63 | |
| TEMA (21): | 5,536.19 | |
| Williams %R (14): | -67.31 | |
| Chande Momentum Oscillator (20): | -7.36 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.90 |
| MA7: | 5,402.80 | |
| MA20: | 5,423.08 | |
| MA50: | 5,446.25 | |
| MA100: | 5,453.01 | |
| MAexp7: | 5,516.43 | |
| MAexp20: | 5,498.45 | |
| MAexp50: | 5,457.20 | |
| MAexp100: | 5,437.62 | |
| Price / MA7: | +1.85% | |
| Price / MA20: | +1.47% | |
| Price / MA50: | +1.04% | |
| Price / MA100: | +0.92% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.84% | |
| Price / MAexp100: | +1.20% |
Quotes :
-
15 min delayed data
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Euronext Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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