CAC MID 60

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	CACMD
ISIN:	QS0010989117

CAC MID 60 - Daily - Technical analysis published on 08/23/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

72%

28%

My opinion

Bearish under 14,188.90 EUR

My targets

13,098.50 EUR (-3.29%)

12,455.10 EUR (-8.04%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CAC MID 60. As long as you are under the resistance located at 14,188.90 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 13,098.50 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 12,455.10 EUR as an objective. Crossing it would then enable sellers to target 11,126.90 EUR. If the resistance 14,188.90 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

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

Force

5.2

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 60 rating is 13,543.75 EUR. The price is lower by -0.04% since the last closing with the lowest point at 13,423.19 EUR and the highest point at 13,627.46 EUR. The deviation from the price is +0.90% for the low point and -0.61% for the high point.

13,423.19

13,627.46

13,543.75

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

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CAC MID 60:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CAC MID 60 in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,126.90	12,455.10	13,098.50	13,543.75	13,580.10	14,188.90	14,782.60
Change (%)	-17.84%	-8.04%	-3.29%	-	+0.27%	+4.76%	+9.15%
Change	-2,416.85	-1,088.65	-445.25	-	+36.35	+645.15	+1,238.85
Level	Intermediate	Major	Minor	-	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	13,183.85	13,345.13	13,446.84	13,608.12	13,709.83	13,871.11	13,972.82
Camarilla	13,476.24	13,500.35	13,524.45	13,548.56	13,572.67	13,596.78	13,620.88
Woodie	13,154.08	13,330.24	13,417.07	13,593.23	13,680.06	13,856.22	13,943.05
Fibonacci	13,345.13	13,445.59	13,507.65	13,608.12	13,708.58	13,770.64	13,871.11

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,242.10	13,535.58	13,682.31	13,975.79	14,122.52	14,416.00	14,562.73
Camarilla	13,707.99	13,748.35	13,788.70	13,829.05	13,869.40	13,909.76	13,950.11
Woodie	13,168.74	13,498.89	13,608.95	13,939.10	14,049.16	14,379.31	14,489.37
Fibonacci	13,535.58	13,703.74	13,807.63	13,975.79	14,143.95	14,247.84	14,416.00

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,649.97	12,131.89	13,038.85	13,520.77	14,427.73	14,909.65	15,816.61
Camarilla	13,563.88	13,691.19	13,818.51	13,945.82	14,073.13	14,200.45	14,327.76
Woodie	11,862.50	12,238.15	13,251.38	13,627.03	14,640.26	15,015.91	16,029.14
Fibonacci	12,131.89	12,662.44	12,990.22	13,520.77	14,051.32	14,379.10	14,909.65

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):	41.44
MACD (12,26,9):	49.6700
Directional Movement:	-16.04
AROON (14):	-35.71
DEMA (21):	13,932.58
Parabolic SAR (0,02-0,02-0,2):	14,173.37
Elder Ray (13):	-338.15
Super Trend (3,10):	14,086.07
Zig ZAG (10):	13,541.24
VORTEX (21):	0.9300
Stochastique (14,3,5):	9.40
TEMA (21):	13,953.41
Williams %R (14):	-85.90
Chande Momentum Oscillator (20):	-377.36
Repulse (5,40,3):	-1.4400
ROCnROLL:	2
TRIX (15,9):	0.1500
Courbe Coppock:	0.39

MA7:	13,905.45
MA20:	13,930.75
MA50:	13,529.41
MA100:	14,138.47
MAexp7:	13,807.90
MAexp20:	13,838.92
MAexp50:	13,821.32
MAexp100:	14,052.96
Price / MA7:	-2.60%
Price / MA20:	-2.78%
Price / MA50:	+0.11%
Price / MA100:	-4.21%
Price / MAexp7:	-1.91%
Price / MAexp20:	-2.13%
Price / MAexp50:	-2.01%
Price / MAexp100:	-3.62%

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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