CAC 40 (CAC) Moves Up For the 5th Consecutive Day; in an Uptrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
CAC 40
(Last Updated April 15, 2021)
Welcome to the news page for CAC 40 (CAC). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On CAC, there is currently an uptrend on the 90, 30 and 14 day timeframes.
CAC Moving Averages
Across several time periods between 20 and 200 days, the trend on CAC has remained consistently bullish.
The chart below illustrates.
The View From the Weekly Timeframe
Currently, CAC’s price is up 39.17 (0.63%) from the week prior. Moreover, note that this is the 3rd consecutive week CAC has seen its price head up. Regarding the trend, note that the strongest trend exists on the 5 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows CAC’s price action over the past year.
CAC 40 (CAC) Tops All equity indices, Heads Up For the 4th Day In A Row; Pin Bar Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
CAC 40 (CAC) Outperforms All equity indices, Up 0.2%; Pin Bar Pattern Appearing on Chart
For another vantage point, consider that cac 40’s price has gone up 22 of the previous 30 trading days.
CAC 40 (CAC) Moves Up For the 3rd Day In A Row, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone up 11 out of the past 14 days.
CAC 40 (CAC) Up 0.24%; in an Uptrend Over Past 90 Days
Out of the 14 instruments in the equity indices asset class, cac 40 ended up ranking 5th for the day in terms of price change relative to yesterday.
CAC 40 (CAC) Up 0.83%; in an Uptrend Over Past 90 Days
Price action traders may also wish to note that we see a doji candlestick pattern on cac 40.
CAC 40 (CAC) Up 0.19%, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
CAC 40 (CAC) Up 0.19%, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 14 days cac 40’s price has gone up 11 them.
CAC 40 (CAC) Up 0.11%, in an Uptrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart
Price action traders may also wish to note that we see a doji candlestick pattern on cac 40.
CAC 40 (CAC) Up 0.12%, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Price action traders may also wish to note that we see a doji candlestick pattern on cac 40.