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 - 1H - Technical analysis published on 12/11/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 12,726.02 EUR

My targets

12,818.33 EUR (+0.25%)

12,926.91 EUR (+1.10%)

My analysis

CAC MID & SMALL is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12,726.02 EUR. The next resistance located at 12,818.33 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 12,926.91 EUR. After this resistance, buyers could then target 13,035.68 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

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 12,786.17 EUR. On the day, this instrument lost -0.01% with the lowest point at 12,741.82 EUR and the highest point at 12,799.38 EUR. The deviation from the price is +0.35% for the low point and -0.10% for the high point.

12,741.82

12,799.38

12,786.17

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CAC MID & SMALL:

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

Near a new LOW record (1 year)

Type : Bearish

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 CAC MID & SMALL chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 10 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,432.16	12,572.16	12,726.02	12,786.17	12,818.33	12,926.91	13,035.68
Change (%)	-2.77%	-1.67%	-0.47%	-	+0.25%	+1.10%	+1.95%
Change	-354.01	-214.01	-60.15	-	+32.16	+140.74	+249.51
Level	Minor	Minor	Major	-	Major	Intermediate	Intermediate

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	12,673.51	12,708.63	12,748.09	12,783.21	12,822.67	12,857.79	12,897.25
Camarilla	12,767.04	12,773.88	12,780.71	12,787.55	12,794.39	12,801.22	12,808.06
Woodie	12,675.68	12,709.72	12,750.26	12,784.30	12,824.84	12,858.88	12,899.42
Fibonacci	12,708.63	12,737.12	12,754.72	12,783.21	12,811.70	12,829.30	12,857.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,979.25	12,120.99	12,404.45	12,546.19	12,829.65	12,971.39	13,254.85
Camarilla	12,570.99	12,609.97	12,648.94	12,687.92	12,726.90	12,765.87	12,804.85
Woodie	12,050.12	12,156.42	12,475.32	12,581.62	12,900.52	13,006.82	13,325.72
Fibonacci	12,120.99	12,283.41	12,383.76	12,546.19	12,708.61	12,808.96	12,971.39

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,443.87	11,918.21	12,225.41	12,699.75	13,006.95	13,481.29	13,788.49
Camarilla	12,317.70	12,389.34	12,460.98	12,532.62	12,604.26	12,675.90	12,747.54
Woodie	11,360.31	11,876.43	12,141.85	12,657.97	12,923.39	13,439.51	13,704.93
Fibonacci	11,918.21	12,216.76	12,401.20	12,699.75	12,998.30	13,182.74	13,481.29

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):	65.51
MACD (12,26,9):	50.2500
Directional Movement:	24.70
AROON (14):	-28.57
DEMA (21):	12,815.29
Parabolic SAR (0,02-0,02-0,2):	12,799.44
Elder Ray (13):	23.66
Super Trend (3,10):	12,710.02
Zig ZAG (10):	12,786.17
VORTEX (21):	1.1000
Stochastique (14,3,5):	54.86
TEMA (21):	12,807.72
Williams %R (14):	-42.03
Chande Momentum Oscillator (20):	26.80
Repulse (5,40,3):	0.0900
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	0.63

MA7:	12,544.51
MA20:	12,609.09
MA50:	12,882.19
MA100:	13,057.93
MAexp7:	12,778.16
MAexp20:	12,741.40
MAexp50:	12,645.11
MAexp100:	12,606.26
Price / MA7:	+1.93%
Price / MA20:	+1.40%
Price / MA50:	-0.75%
Price / MA100:	-2.08%
Price / MAexp7:	+0.06%
Price / MAexp20:	+0.35%
Price / MAexp50:	+1.12%
Price / MAexp100:	+1.43%

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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