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 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:
🔔 European Opening Bell 🔔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.🇪🇺 STOXX 600 UP 0.1%🇩🇪 DAX FLAT🇬🇧 FTSE 100 DOWN 0.1%🇫🇷 CAC 40 UP 0.1%🇪🇸 IBEX FLAT
- From torvale1953:
The U.K. FTSE 100 Index is up 1.5%, Germany’s DAX Index is rallying 2.0%, France’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 -🇪🇺 STOXX 50 ⬆️0.9%
-🇩🇪 DAX ⬆️1%
-🇬🇧 FTSE 100 ⬆️1%
-🇫🇷 CAC 40 ⬆️0.7%
-🇮🇹 FTSE MIB ⬆️0.6%
-🇪🇸 IBEX 35 ⬆️0.2%