CAC SMALL

- EUR (-)

- 15 min delayed data - Euronext Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	CACS
ISIN:	QS0010989125

CAC SMALL - Daily - Technical analysis published on 03/01/2023 (GMT)

Londinia

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Timeframe : Daily
- 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 12,526.00 EUR

My targets

13,317.20 EUR (+3.11%)

14,201.20 EUR (+9.96%)

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 SMALL as long as the price remains well above 12,526.00 EUR. The buyers' bullish objective is set at 13,317.20 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14,201.20 EUR. If there is any crossing, the next objective would be the resistance located at 15,103.70 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

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 SMALL rating is 12,914.98 EUR. The price registered a decrease of -0.03% on the session and was between 12,901.12 EUR and 12,989.57 EUR. This implies that the price is at +0.11% from its lowest and at -0.57% from its highest.

12,901.12

12,989.57

12,914.98

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

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:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CAC SMALL in Daily shows a strongly overall 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.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

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	11,719.30	12,063.30	12,526.00	12,914.98	12,925.40	13,317.20	14,201.20
Change (%)	-9.26%	-6.59%	-3.01%	-	+0.08%	+3.11%	+9.96%
Change	-1,195.68	-851.68	-388.98	-	+10.42	+402.22	+1,286.22
Level	Intermediate	Major	Intermediate	-	Major	Major	Intermediate

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	12,792.43	12,846.77	12,880.88	12,935.22	12,969.33	13,023.67	13,057.78
Camarilla	12,890.66	12,898.76	12,906.87	12,914.98	12,923.09	12,931.20	12,939.30
Woodie	12,782.31	12,841.71	12,870.76	12,930.16	12,959.21	13,018.61	13,047.66
Fibonacci	12,846.77	12,880.56	12,901.44	12,935.22	12,969.01	12,989.89	13,023.67

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,384.10	12,541.47	12,647.97	12,805.34	12,911.84	13,069.21	13,175.71
Camarilla	12,681.90	12,706.08	12,730.27	12,754.46	12,778.65	12,802.84	12,827.02
Woodie	12,358.66	12,528.75	12,622.53	12,792.62	12,886.40	13,056.49	13,150.27
Fibonacci	12,541.47	12,642.27	12,704.55	12,805.34	12,906.14	12,968.42	13,069.21

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,296.03	12,438.17	12,678.45	12,820.59	13,060.87	13,203.01	13,443.29
Camarilla	12,813.58	12,848.63	12,883.69	12,918.74	12,953.80	12,988.85	13,023.91
Woodie	12,345.11	12,462.71	12,727.53	12,845.13	13,109.95	13,227.55	13,492.37
Fibonacci	12,438.17	12,584.25	12,674.50	12,820.59	12,966.67	13,056.92	13,203.01

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	60.99
MACD (12,26,9):	90.4400
Directional Movement:	10.49
AROON (14):	35.71
DEMA (21):	12,936.51
Parabolic SAR (0,02-0,02-0,2):	12,698.85
Elder Ray (13):	102.15
Super Trend (3,10):	12,613.62
Zig ZAG (10):	12,914.98
VORTEX (21):	1.0300
Stochastique (14,3,5):	77.95
TEMA (21):	12,894.63
Williams %R (14):	-25.66
Chande Momentum Oscillator (20):	79.93
Repulse (5,40,3):	-0.1300
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	1.25

MA7:	12,841.00
MA20:	12,837.13
MA50:	12,542.64
MA100:	12,125.43
MAexp7:	12,868.32
MAexp20:	12,801.95
MAexp50:	12,570.77
MAexp100:	12,374.12
Price / MA7:	+0.58%
Price / MA20:	+0.61%
Price / MA50:	+2.97%
Price / MA100:	+6.51%
Price / MAexp7:	+0.36%
Price / MAexp20:	+0.88%
Price / MAexp50:	+2.74%
Price / MAexp100:	+4.37%

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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