CAC 40 (CAC.PA)

Close: 7 274.48 (-19.89), Dec 20, 2024
Weak Negative

Low risk

chart CAC 40 (CAC) Candlesticks 22 Days
Candlesticks
chart CAC 40 (CAC) Short term
Short term: Weak Negative
chart CAC 40 (CAC) Medium term
Medium term: Weak Negative
chart CAC 40 (CAC) Long term
Long term: Hold
chart CAC 40 (CAC)
RSI - Relative Strength Index

Short term

Investors have accepted lower prices over time to get out of CAC 40 and the index is in a falling trend channel in the short term. Falling trends indicate that the market experiences negative development and falling buy interest among investors. The index has support at points 7140 and resistance at points 7360. The index is assessed as technically slightly negative for the short term.

Recommendation one to six weeks: Weak Negative (Score: -41)

Medium term

CAC 40 is in a falling trend channel in the medium long term. This shows that investors over time have sold at lower prices to get out of the index, and indicates negative development for the market. A head and shoulders formation is under development. A decisive break of the support at 7082, ideally with an increase in volume, signals a further fall. The index has support at points 7140 and resistance at points 7500. The RSI curve shows a rising trend, which is an early signal of a possible trend reversal upwards for the price as well. The index is overall assessed as technically slightly negative for the medium long term.

Recommendation one to six months: Weak Negative (Score: -38)

Long term

CAC 40 shows strong development within a rising trend channel in the long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. A head and shoulders formation is under development. A decisive break of the support at 7082, ideally with an increase in volume, signals a further fall. The index has marginally broken down through support at points 7400. An established break predicts a further decline. The index is overall assessed as technically neutral for the long term.

Recommendation one to six quarters: Hold (Score: -4)


Overall analysis

CAC 40 is technically negative for the short and medium term, and neutral for the long term.

Recommendation one to six months: Weak Negative (Score: -45)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.63%0.00-0.27%
5 days0.002.01%0.00-1.82%
22 days0.004.99%0.00+1.06%
66 days0.009.76%0.00-4.48%
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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