CAC:
The current market price is 8536.66, reflecting a percentage change of 2.5% from the previous close.
Support and Resistance Levels
Support levels are at 8378.75, 8349.35, and 8360.00, with resistance levels at 8600.00, 8620.00, and 8650.00. The pivot point is 8500.00.
Indicators
The RSI is at 81.86, indicating overbought conditions. The ATR is at 21.89053, suggesting high volatility. The ADX is at 70.08775, showing a strong trend. SMA-50 is at 8458.99, and EMA-10 is at 8536.62. The Parabolic SAR indicates a bullish trend.
Market Sentiment
With the market price above the pivot point of 8500.00 and supportive indicators, a bullish scenario is likely.
CAC Signals & Technical Analysis
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The CAC is a French equities index that measures the performance of the top 40 companies on the Paris Bourse. It is traded via CFD, commonly known as the CAC 40. The CAC is a market capitalization index not based on a weighted average. It is intended to be a representation of the French equities market as a whole. Euro valuations, foreign trade metrics, and acts of terrorism are a few drivers of periodic pricing volatility.