France 40 is priming up for strong upside to 8,673France is definitely setting itself for upside to come.
We have positive data from the love country including:
📈 Oversold Conditions
The CAC 40 was heavily sold off — now it’s ripe for a bounce.
🏦 ECB Rate Cuts
Lower interest rates fuel investor appetite for European equities.
💼 Strong Cor
About CAC 40 Index
The CAC 40 is a capitalization-weighted index serving as a benchmark for funds investing in the French stock market. CAC 40 index was launched in 1987 with a base value of 1,000 and it tracks top 40 companies traded on the Euronext Paris exchange. It is similar to the Dow Jones Industrial Average in that it is the most commonly used index that represents the overall level and direction of the market in France and the French economy in general. Most of the weight of the index is represented in sectors such as Pharmaceuticals, Banking, and Oil equipment.
Related indices
CAC40 Bullish breakout supported at 7560Key Support and Resistance Levels
Resistance Level 1: 7850
Resistance Level 2: 7930
Resistance Level 3: 7995
Support Level 1: 7560
Support Level 2: 7490
Support Level 3: 7410
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
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We're back with a precision-built Thief Trading Plan — this time targeting the FRANCE40
France 40: A short/medium term buyHello,
The France 40 Index is currently forming a compelling bullish setup, characterized by a contracting triangle pattern—typically a continuation structure that signals the potential for further upward movement. Price action is consolidating within this triangle, indicating that a breakout could
CAC40 corrective pullback support at 7480Key Support and Resistance Levels
Resistance Level 1: 7850
Resistance Level 2: 7930
Resistance Level 3: 7995
Support Level 1: 7480
Support Level 2: 7400
Support Level 3: 7330
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
CAC40 protracted coiling consolidation support at 7630Key Support and Resistance Levels
Resistance Level 1: 7788
Resistance Level 2: 7920
Resistance Level 3: 7995
Support Level 1: 7630
Support Level 2: 7578
Support Level 3: 7500
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
CAC40 INTRADAY coiling pattern- energy buildupKey Support and Resistance Levels
Resistance Level 1: 7890
Resistance Level 2: 7970
Resistance Level 3: 8070
Support Level 1: 7700
Support Level 2: 7620
Support Level 3: 7510
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
Slow upside for France - But is it inevitable to 8,645?France and Germany and I guess Europe in general is just slow.
Lifestyle is slow and steady, not major developments.
Life continues with a somewhat socialistic form of living.
And so moves the indices in Europe the same way.
We established a Cup and Handle, and was waiting for a breakout abo
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current value of CAC 40 Index is 7,696.28 EUR — it has fallen by −0.75% in the past 24 hours. Track the index more closely on the CAC 40 Index chart.
CAC 40 Index reached its highest quote on May 10, 2024 — 8,259.19 EUR. See more data on the CAC 40 Index chart.
The lowest ever quote of CAC 40 Index is 893.82 EUR. It was reached on Jan 29, 1988. See more data on the CAC 40 Index chart.
CAC 40 Index value has increased by 1.09% in the past week, since last month it has shown a −1.27% decrease, and over the year it's increased by 0.25%. Keep track of all changes on the CAC 40 Index chart.
CAC 40 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy CAC 40 Index futures or funds or invest in its components.