Londinia Opportunities Analyses - 12/19/2024 (GMT) CAC REAL ESTATE - 1H
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EUR
(-)
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15 min delayed data - Euronext Indices
| Type: | Indices |
| Ticker: | FRRE |
| ISIN: | FR0013506771 |
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 587.78 EUR
My targets
569.69 EUR (-2.22%)
564.14 EUR (-3.18%)
My analysis
CAC REAL ESTATE is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 587.78 EUR. The next support located at 569.69 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 564.14 EUR. Below this support, sellers could then target 522.74 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.4
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Additional analysis
Quotes
The CAC REAL ESTATE rating is 582.65 EUR. On the day, this instrument lost -1.43% with the lowest point at 581.44 EUR and the highest point at 590.14 EUR. The deviation from the price is +0.21% for the low point and -1.27% for the high point.581.44
590.14
582.65
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 REAL ESTATE:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAC REAL ESTATE indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish 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 strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 498.19 | 522.74 | 564.14 | 582.65 | 583.24 | 587.78 | 591.00 |
| Change (%) | -14.50% | -10.28% | -3.18% | - | +0.10% | +0.88% | +1.43% |
| Change | -84.46 | -59.91 | -18.51 | - | +0.59 | +5.13 | +8.35 |
| Level | Minor | Minor | Major | - | Minor | Minor | 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 | 583.97 | 586.20 | 588.66 | 590.89 | 593.35 | 595.58 | 598.04 |
| Camarilla | 589.82 | 590.25 | 590.68 | 591.11 | 591.54 | 591.97 | 592.40 |
| Woodie | 584.08 | 586.26 | 588.77 | 590.95 | 593.46 | 595.64 | 598.15 |
| Fibonacci | 586.20 | 588.00 | 589.10 | 590.89 | 592.69 | 593.79 | 595.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 569.69 | 580.33 | 586.99 | 597.63 | 604.29 | 614.93 | 621.59 |
| Camarilla | 588.90 | 590.49 | 592.07 | 593.66 | 595.25 | 596.83 | 598.42 |
| Woodie | 567.71 | 579.34 | 585.01 | 596.64 | 602.31 | 613.94 | 619.61 |
| Fibonacci | 580.33 | 586.94 | 591.02 | 597.63 | 604.24 | 608.32 | 614.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 581.44 | 591.26 | 602.08 | 611.90 | 622.72 | 632.54 | 643.36 |
| Camarilla | 607.22 | 609.12 | 611.01 | 612.90 | 614.79 | 616.68 | 618.58 |
| Woodie | 581.94 | 591.51 | 602.58 | 612.15 | 623.22 | 632.79 | 643.86 |
| Fibonacci | 591.26 | 599.14 | 604.02 | 611.90 | 619.78 | 624.66 | 632.54 |
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): | 28.60 | |
| MACD (12,26,9): | -1.6600 | |
| Directional Movement: | -28.38 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 586.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 592.47 | |
| Elder Ray (13): | -5.14 | |
| Super Trend (3,10): | 588.25 | |
| Zig ZAG (10): | 581.89 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 6.21 | |
| TEMA (21): | 585.61 | |
| Williams %R (14): | -98.77 | |
| Chande Momentum Oscillator (20): | -9.71 | |
| Repulse (5,40,3): | -0.6400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.00 |
| MA7: | 590.20 | |
| MA20: | 600.76 | |
| MA50: | 613.26 | |
| MA100: | 613.51 | |
| MAexp7: | 585.40 | |
| MAexp20: | 588.15 | |
| MAexp50: | 590.74 | |
| MAexp100: | 594.55 | |
| Price / MA7: | -1.28% | |
| Price / MA20: | -3.01% | |
| Price / MA50: | -4.99% | |
| Price / MA100: | -5.03% | |
| Price / MAexp7: | -0.47% | |
| Price / MAexp20: | -0.94% | |
| Price / MAexp50: | -1.37% | |
| Price / MAexp100: | -2.00% |
Quotes :
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15 min delayed data
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Indices Euronext