CAC 40 (CAC) Up $7.42 Over Past 4 Hours, Entered Today Down 0.38%; Price Base in Formation Over Past 14 Days

CAC 40 4 Hour Price Update

Updated September 11, 2020 03:13 PM GMT (11:13 AM EST)

CAC 40 closed the previous 4 hours up 0.15% (7.42); this denotes the 2nd candle in a row an increase has occurred. Out of the 14 instruments in the equity indices asset class, CAC 40 ended up ranking 8th for the four-hour candle in terms of price change relative to the previous 4 hours.

CAC 40 Daily Price Recap

5023.93 was the closing price of the day for CAC 40, resulting in today being one in which price moved down 0.38% ($19.05) from yesterday. Out of the 14 instruments in the equity indices asset class, CAC 40 ended up ranking 9th for the day in terms of price change relative to yesterday. Below 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 90 day horizon; over that time period, price has been moving up. Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 30 days CAC 40’s price has gone up 15 them.

Overheard on Twitter

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

  • From PriapusIQ:

    ๐Ÿ”” European Opening Bell ๐Ÿ””Mixed start to the day. ECB later and yet more Brexit BS weighing on the minds of many participants will likely lead to reduced volume in early trade.๐Ÿ‡ช๐Ÿ‡บ STOXX 600 UP 0.1%๐Ÿ‡ฉ๐Ÿ‡ช DAX FLAT๐Ÿ‡ฌ๐Ÿ‡ง FTSE 100 DOWN 0.1%๐Ÿ‡ซ๐Ÿ‡ท CAC 40 UP 0.1%๐Ÿ‡ช๐Ÿ‡ธ IBEX FLAT

  • From torvale1953:

    The U.K. FTSE 100 Index is up 1.5%, Germany’s DAX Index is rallying 2.0%, Franceโ€™s CAC-40 Index is increasing 1.4%, Spain’s IBEX 35 Index is gaining 0.9%, Italy’s FTSE MIB Index is advancing 1.7%, and Switzerland’s Swiss Market Index is rising 1.6%.

  • From MarketNewsLK:

    #European stocks shake off early losses to trade in positive territory -๐Ÿ‡ช๐Ÿ‡บ STOXX 50 โฌ†๏ธ0.9%
    -๐Ÿ‡ฉ๐Ÿ‡ช DAX โฌ†๏ธ1%
    -๐Ÿ‡ฌ๐Ÿ‡ง FTSE 100 โฌ†๏ธ1%
    -๐Ÿ‡ซ๐Ÿ‡ท CAC 40 โฌ†๏ธ0.7%
    -๐Ÿ‡ฎ๐Ÿ‡น FTSE MIB โฌ†๏ธ0.6%
    -๐Ÿ‡ช๐Ÿ‡ธ IBEX 35 โฌ†๏ธ0.2%