CAC ALL-TRADABLE - 1H - Technical analysis published on 11/03/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 5,164.89 EUR
My targets
5,248.24 EUR (+0.27%)
5,283.05 EUR (+0.93%)
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 5,164.89 EUR. The buyers' bullish objective is set at 5,248.24 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5,283.05 EUR. If there is any crossing, the next objective would be the resistance located at 5,342.15 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.9
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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 5,234.19 EUR. On the day, this instrument lost -0.07% and was between 5,231.09 EUR and 5,262.27 EUR. This implies that the price is at +0.06% from its lowest and at -0.53% from its highest.5,231.09
5,262.27
5,234.19
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAC ALL-TRADABLE indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
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
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,028.56 | 5,116.87 | 5,164.89 | 5,234.19 | 5,248.24 | 5,283.05 | 5,342.15 |
| Change (%) | -3.93% | -2.24% | -1.32% | - | +0.27% | +0.93% | +2.06% |
| Change | -205.63 | -117.32 | -69.30 | - | +14.05 | +48.86 | +107.96 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,191.58 | 5,211.34 | 5,222.76 | 5,242.52 | 5,253.94 | 5,273.70 | 5,285.12 |
| Camarilla | 5,225.62 | 5,228.47 | 5,231.33 | 5,234.19 | 5,237.05 | 5,239.91 | 5,242.77 |
| Woodie | 5,187.42 | 5,209.26 | 5,218.60 | 5,240.44 | 5,249.78 | 5,271.62 | 5,280.96 |
| Fibonacci | 5,211.34 | 5,223.25 | 5,230.61 | 5,242.52 | 5,254.43 | 5,261.79 | 5,273.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,885.68 | 4,967.58 | 5,100.88 | 5,182.78 | 5,316.08 | 5,397.98 | 5,531.28 |
| Camarilla | 5,175.01 | 5,194.74 | 5,214.46 | 5,234.19 | 5,253.92 | 5,273.64 | 5,293.37 |
| Woodie | 4,911.39 | 4,980.43 | 5,126.59 | 5,195.63 | 5,341.79 | 5,410.83 | 5,556.99 |
| Fibonacci | 4,967.58 | 5,049.78 | 5,100.57 | 5,182.78 | 5,264.98 | 5,315.77 | 5,397.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,628.91 | 4,824.35 | 4,965.21 | 5,160.65 | 5,301.51 | 5,496.95 | 5,637.81 |
| Camarilla | 5,013.59 | 5,044.42 | 5,075.24 | 5,106.07 | 5,136.90 | 5,167.73 | 5,198.55 |
| Woodie | 4,601.62 | 4,810.71 | 4,937.92 | 5,147.01 | 5,274.22 | 5,483.31 | 5,610.52 |
| Fibonacci | 4,824.35 | 4,952.82 | 5,032.18 | 5,160.65 | 5,289.12 | 5,368.48 | 5,496.95 |
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): | 60.08 | |
| MACD (12,26,9): | 27.6500 | |
| Directional Movement: | 17.80 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 5,262.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,262.27 | |
| Elder Ray (13): | 0.72 | |
| Super Trend (3,10): | 5,200.23 | |
| Zig ZAG (10): | 5,234.19 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 27.76 | |
| TEMA (21): | 5,263.51 | |
| Williams %R (14): | -90.77 | |
| Chande Momentum Oscillator (20): | -15.58 | |
| Repulse (5,40,3): | -0.2400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 1.08 |
| MA7: | 5,130.55 | |
| MA20: | 5,165.91 | |
| MA50: | 5,288.18 | |
| MA100: | 5,368.18 | |
| MAexp7: | 5,242.01 | |
| MAexp20: | 5,222.42 | |
| MAexp50: | 5,174.75 | |
| MAexp100: | 5,155.40 | |
| Price / MA7: | +2.02% | |
| Price / MA20: | +1.32% | |
| Price / MA50: | -1.02% | |
| Price / MA100: | -2.50% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +1.15% | |
| Price / MAexp100: | +1.53% |
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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