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 - 1H - Technical analysis published on 09/01/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

50%

39%

My opinion

Bullish above 14,042.80 EUR

My targets

14,188.90 EUR (+0.48%)

14,261.30 EUR (+0.99%)

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 above the support located at 14,042.80 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 14,188.90 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 14,261.30 EUR as an objective. Crossing it would then enable buyers to target 14,716.70 EUR. If the support 14,042.80 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

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 60 price is 14,120.97 EUR. The price is lower by -0.01% since the last closing and was traded between 14,105.17 EUR and 14,196.70 EUR over the period. The price is currently at +0.11% from its lowest and -0.53% from its highest.

14,105.17

14,196.70

14,120.97

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this CAC MID 60 chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 9 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13,954.90	14,042.80	14,115.50	14,120.97	14,188.90	14,261.30	14,716.70
Change (%)	-1.18%	-0.55%	-0.04%	-	+0.48%	+0.99%	+4.22%
Change	-166.07	-78.17	-5.47	-	+67.93	+140.33	+595.73
Level	Intermediate	Intermediate	Intermediate	-	Major	Major	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	13,993.66	14,049.42	14,085.19	14,140.95	14,176.72	14,232.48	14,268.25
Camarilla	14,095.80	14,104.19	14,112.58	14,120.97	14,129.36	14,137.75	14,146.14
Woodie	13,983.68	14,044.42	14,075.21	14,135.95	14,166.74	14,227.48	14,258.27
Fibonacci	14,049.42	14,084.38	14,105.98	14,140.95	14,175.91	14,197.51	14,232.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,608.70	13,741.44	13,931.21	14,063.95	14,253.72	14,386.46	14,576.23
Camarilla	14,032.28	14,061.84	14,091.41	14,120.97	14,150.53	14,180.10	14,209.66
Woodie	13,637.21	13,755.70	13,959.72	14,078.21	14,282.23	14,400.72	14,604.74
Fibonacci	13,741.44	13,864.64	13,940.76	14,063.95	14,187.15	14,263.27	14,386.46

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,034.23	13,307.36	13,715.08	13,988.21	14,395.93	14,669.06	15,076.78
Camarilla	13,935.56	13,997.97	14,060.38	14,122.79	14,185.20	14,247.61	14,310.02
Woodie	13,101.52	13,341.01	13,782.37	14,021.86	14,463.22	14,702.71	15,144.07
Fibonacci	13,307.36	13,567.45	13,728.13	13,988.21	14,248.30	14,408.98	14,669.06

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):	54.69
MACD (12,26,9):	30.9800
Directional Movement:	5.71
AROON (14):	57.14
DEMA (21):	14,167.94
Parabolic SAR (0,02-0,02-0,2):	14,191.97
Elder Ray (13):	-10.58
Super Trend (3,10):	14,090.63
Zig ZAG (10):	14,120.97
VORTEX (21):	1.1200
Stochastique (14,3,5):	26.02
TEMA (21):	14,156.15
Williams %R (14):	-82.74
Chande Momentum Oscillator (20):	-15.16
Repulse (5,40,3):	-0.2800
ROCnROLL:	-1
TRIX (15,9):	0.0400
Courbe Coppock:	0.56

MA7:	13,981.02
MA20:	13,947.54
MA50:	14,066.15
MA100:	14,183.34
MAexp7:	14,138.55
MAexp20:	14,121.35
MAexp50:	14,046.50
MAexp100:	13,992.40
Price / MA7:	+1.00%
Price / MA20:	+1.24%
Price / MA50:	+0.39%
Price / MA100:	-0.44%
Price / MAexp7:	-0.12%
Price / MAexp20:	+0.00%
Price / MAexp50:	+0.53%
Price / MAexp100:	+0.92%

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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