Londinia Opportunities Analyses - 11/18/2024 (GMT) CAC 40 X10 SHORT G - 1H
-
EUR
(-)
-
15 min delayed data - Euronext Indices
| Type: | Indices |
| Ticker: | CA10S |
| ISIN: | FR0013361573 |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 37.347 EUR
My targets
39.160 EUR (+2.55%)
40.500 EUR (+6.06%)
My analysis
The bullish trend is currently very strong on CAC 40 X10 SHORT G. As long as the price remains above the support at 37.347 EUR, you could try to benefit from the boom. The first bullish objective is located at 39.160 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 40.500 EUR as an objective. Crossing it would then enable buyers to target 40.808 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
0
10
8.6
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.
Additional analysis
Quotes
CAC 40 X10 SHORT G rating 38.186 EUR. On the day, this instrument gained +1.67% with the lowest point at 36.620 EUR and the highest point at 39.468 EUR. The deviation from the price is +4.28% for the low point and -3.25% for the high point.36.620
39.468
38.186
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAC 40 X10 SHORT G:
Technical
Technical analysis of this 1H chart of CAC 40 X10 SHORT G indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals several bearish signals that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.431 | 32.156 | 35.719 | 38.186 | 39.160 | 40.808 | 44.080 |
| Change (%) | -33.40% | -15.79% | -6.46% | - | +2.55% | +6.87% | +15.43% |
| Change | -12.755 | -6.030 | -2.467 | - | +0.974 | +2.622 | +5.894 |
| Level | Intermediate | Major | Major | - | Major | Major | Minor |
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 | 31.347 | 33.230 | 35.394 | 37.277 | 39.441 | 41.324 | 43.488 |
| Camarilla | 36.445 | 36.816 | 37.187 | 37.558 | 37.929 | 38.300 | 38.671 |
| Woodie | 31.488 | 33.300 | 35.535 | 37.347 | 39.582 | 41.394 | 43.629 |
| Fibonacci | 33.230 | 34.776 | 35.731 | 37.277 | 38.823 | 39.778 | 41.324 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.937 | 23.670 | 30.614 | 37.347 | 44.291 | 51.024 | 57.968 |
| Camarilla | 33.797 | 35.051 | 36.304 | 37.558 | 38.812 | 40.066 | 41.319 |
| Woodie | 17.043 | 23.723 | 30.720 | 37.400 | 44.397 | 51.077 | 58.074 |
| Fibonacci | 23.670 | 28.895 | 32.122 | 37.347 | 42.572 | 45.799 | 51.024 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.810 | 19.590 | 27.655 | 32.435 | 40.500 | 45.280 | 53.345 |
| Camarilla | 32.187 | 33.364 | 34.542 | 35.719 | 36.897 | 38.074 | 39.251 |
| Woodie | 16.452 | 20.411 | 29.297 | 33.256 | 42.142 | 46.101 | 54.987 |
| Fibonacci | 19.590 | 24.497 | 27.529 | 32.435 | 37.342 | 40.374 | 45.280 |
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): | 55.17 | |
| MACD (12,26,9): | 0.3710 | |
| Directional Movement: | 11.313 | |
| AROON (14): | 85.714 | |
| DEMA (21): | 37.973 | |
| Parabolic SAR (0,02-0,02-0,2): | 35.439 | |
| Elder Ray (13): | 0.919 | |
| Super Trend (3,10): | 39.533 | |
| Zig ZAG (10): | 38.165 | |
| VORTEX (21): | 1.0350 | |
| Stochastique (14,3,5): | 81.60 | |
| TEMA (21): | 38.050 | |
| Williams %R (14): | -29.32 | |
| Chande Momentum Oscillator (20): | 2.069 | |
| Repulse (5,40,3): | -1.8410 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0340 | |
| Courbe Coppock: | 12.96 |
| MA7: | 37.125 | |
| MA20: | 33.430 | |
| MA50: | 31.262 | |
| MA100: | 34.086 | |
| MAexp7: | 38.161 | |
| MAexp20: | 37.567 | |
| MAexp50: | 36.761 | |
| MAexp100: | 35.305 | |
| Price / MA7: | +2.86% | |
| Price / MA20: | +14.23% | |
| Price / MA50: | +22.15% | |
| Price / MA100: | +12.03% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +1.65% | |
| Price / MAexp50: | +3.88% | |
| Price / MAexp100: | +8.16% |
Quotes :
-
15 min delayed data
-
Indices Euronext