CAC 40 (CAC) Up $21.02 in Last 4 Hours, Moves Down For the 2nd Day In A Row; Price Base in Formation Over Past 30 Days

CAC 40 4 Hour Price Update

Updated August 03, 2020 07:13 AM GMT (03:13 AM EST)

The end of a 3 four-hour candle negative run has come for CAC 40, which finished the last 4 hour candle up 0.44% (21.02). Relative to other instruments in the 8 major global equity indices asset class, CAC 40 ranked 2nd since the last 4 hour candle in terms of percentage price change.

CAC 40 Daily Price Recap

CAC 40 came into today down 1.43% (69.25) from the open of the day prior, marking the 2nd day in a row a decline has happened. Relative to other instruments in the 8 major global equity indices asset class, CAC 40 ranked 6th since the day prior in terms of percentage price change. Here is a daily price chart of CAC 40.

CAC

CAC 40 Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone down 7 out of the past 10 days.

Overheard on Twitter

Behold! Here are the top tweets related to CAC 40:

  • From DjDowJones2:

    July recapSilver: +34.23%
    Tesla: +32.50%
    Bitcoin: +24.04%
    Apple: +16.51%
    Amazon: +14.71%
    Gold: +10.95%
    Netflix: +7.44%
    NASDAQ: +7.37%
    S&P500: +5.51%
    Crude Oil: +1.79%
    DAX: +0.02%
    SMI: -0.39%
    CAC 40: -3.09%
    UKX: -4.41%

  • From JoucaJouca:

    @vzCerberus Let’s increase the CAC 40 with your company Cerb pog