CAC 40 (CAC) Up 0.36%; in an Uptrend Over Past 14 Days
Out of the 14 instruments in the equity indices asset class, cac 40 ended up ranking 4th for the day in terms of price change relative to yesterday.
CAC 40
(Last Updated March 16, 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
If we observe the 90, 30 and 14 day timeframes, we see an uptrend in place for CAC.
CAC Moving Averages
The moving averages on CAC indicate a trend that is clearly bullish.
Below is a chart showing CAC’s price with its moving averages.
The View From the Weekly Timeframe
At the time of this writing, CAC’s price is down -10.58 (-0.17%) from the week prior. Moreover, note that this move is a reversal from the week prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the weekly chart exists on the 10 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) Up 0.36%; in an Uptrend Over Past 30 Days
Relative to other instruments in the equity indices asset class, cac 40 ranked 4th since yesterday in terms of percentage price change.
CAC 40 (CAC) Down 0.13%, in an Uptrend Over Past 90 Days; Evening Star Pattern Appearing on Chart
For additional context, note that price has gone up 9 out of the past 14 days.
CAC 40 (CAC) Heads Up For the 2nd Consecutive Day, in an Uptrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
CAC 40 (CAC) Up 0.57%; in an Uptrend Over Past 90 Days
Relative to other instruments in the equity indices asset class, cac 40 ranked 6th since yesterday in terms of percentage price change.
CAC 40 (CAC) 2 Day Up Streak Snapped
Relative to other instruments in the equity indices asset class, cac 40 ranked 8th since the day prior in terms of percentage price change.
CAC 40 (CAC) Moves Up For the 2nd Consecutive Day
This is a reversal of the price action on the previous hour, in which price moved down.
CAC 40 (CAC) Up 0.59%
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
CAC 40 (CAC) Up 0.59%; in an Uptrend Over Past 30 Days
It’s been a feast for bulls operating on an hourly timeframe, as cac 40 has now gone up 5 of the past 5 hours.
CAC 40 (CAC) Up 0.59%; in an Uptrend Over Past 30 Days
It’s been a feast for bulls operating on an hourly timeframe, as cac 40 has now gone up 8 of the past 10 hours.