CAC (CAC40.NDX)

Close: 7 213.32 (+14.87), Nov 21, 2024
Weak Negative

Liquidity risk: Volatility risk:

Overall analysis

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

Recommendation one to six months: Weak Negative

Short term

Investors have accepted lower prices over time to get out of CAC and the index is in a falling trend channel in the short term. This signals increasing pessimism among investors and indicates further decline for CAC. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the index has resistance at 7360 points. The index is assessed as technically negative for the short term.

Recommendation one to six weeks: Negative

Medium term

CAC 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. The index is approaching support at 7140 points, which may give a positive reaction. However, a break downwards through 7140 points will be a negative signal. The index is assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold

Long term

Investors have paid higher prices over time to buy CAC and the index is in a rising trend channel in the long term. This signals increasing optimism among investors and indicates continued rise. The index is between support at points 6800 and resistance at points 7400. A definitive break through of one of these levels predicts the new direction. The index is assessed as technically positive for the long term.

Recommendation one to six quarters: Positive



Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.64%0.00+0.21%
5 days0.002.04%0.00-1.35%
22 days0.004.99%0.00-4.27%
66 days0.009.56%0.00-4.14%
 


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.


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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