CAC MID & SMALL

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	CACMS
ISIN:	QS0010989133

CAC MID & SMALL - Daily - Technical analysis published on 08/24/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 13,761.30 EUR

My targets

13,456.30 EUR (-1.01%)

13,160.20 EUR (-3.19%)

My analysis

The bearish trend is currently very strong for CAC MID & SMALL. As long as the price remains below the resistance at 13,761.30 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 13,456.30 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 13,160.20 EUR as an objective. Crossing it would then enable sellers to target 11,540.60 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

Comment on the 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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CAC MID & SMALL price is 13,593.84 EUR. The price is lower by -0.06% since the last closing and was between 13,591.33 EUR and 13,721.08 EUR. This implies that the price is at +0.02% from its lowest and at -0.93% from its highest.

13,591.33

13,721.08

13,593.84

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of CAC MID & SMALL indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 5 are neutral and 9 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,540.60	13,160.20	13,456.30	13,593.84	13,761.30	13,969.50	14,405.70
Change (%)	-15.10%	-3.19%	-1.01%	-	+1.23%	+2.76%	+5.97%
Change	-2,053.24	-433.64	-137.54	-	+167.46	+375.66	+811.86
Level	Major	Minor	Major	-	Major	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,438.41	13,492.33	13,546.85	13,600.77	13,655.29	13,709.21	13,763.73
Camarilla	13,571.56	13,581.50	13,591.44	13,601.38	13,611.32	13,621.26	13,631.20
Woodie	13,438.72	13,492.48	13,547.16	13,600.92	13,655.60	13,709.36	13,764.04
Fibonacci	13,492.33	13,533.75	13,559.34	13,600.77	13,642.19	13,667.78	13,709.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,836.43	13,102.67	13,278.83	13,545.07	13,721.23	13,987.47	14,163.63
Camarilla	13,333.34	13,373.89	13,414.45	13,455.00	13,495.55	13,536.11	13,576.66
Woodie	12,791.40	13,080.15	13,233.80	13,522.55	13,676.20	13,964.95	14,118.60
Fibonacci	13,102.67	13,271.66	13,376.07	13,545.07	13,714.06	13,818.47	13,987.47

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,708.68	13,077.10	13,547.16	13,915.58	14,385.64	14,754.06	15,224.12
Camarilla	13,786.64	13,863.50	13,940.36	14,017.22	14,094.08	14,170.94	14,247.80
Woodie	12,759.50	13,102.51	13,597.98	13,940.99	14,436.46	14,779.47	15,274.94
Fibonacci	13,077.10	13,397.40	13,595.28	13,915.58	14,235.88	14,433.76	14,754.06

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):	42.09
MACD (12,26,9):	-102.2800
Directional Movement:	-8.42
AROON (14):	-42.86
DEMA (21):	13,605.90
Parabolic SAR (0,02-0,02-0,2):	13,368.90
Elder Ray (13):	-11.32
Super Trend (3,10):	13,804.07
Zig ZAG (10):	13,615.94
VORTEX (21):	0.7200
Stochastique (14,3,5):	36.64
TEMA (21):	13,529.43
Williams %R (14):	-60.86
Chande Momentum Oscillator (20):	-197.07
Repulse (5,40,3):	-1.0500
ROCnROLL:	2
TRIX (15,9):	-0.0800
Courbe Coppock:	4.64

MA7:	13,562.87
MA20:	13,762.79
MA50:	13,839.19
MA100:	13,958.26
MAexp7:	13,602.99
MAexp20:	13,725.73
MAexp50:	13,836.33
MAexp100:	13,888.27
Price / MA7:	+0.23%
Price / MA20:	-1.23%
Price / MA50:	-1.77%
Price / MA100:	-2.61%
Price / MAexp7:	-0.07%
Price / MAexp20:	-0.96%
Price / MAexp50:	-1.75%
Price / MAexp100:	-2.12%

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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