Paris taps its all-time high again
CAC 40 ETF back at the record, with a thinner tape underneath
Paris taps its all-time high again
Our view last week
The CAC, an ETF tracking the CAC 40, has climbed back to within a whisker of its record after early July's rejection: from 2.7% below the peak last week it now works 2.29% under, up 3.44% since entry. On the daily, buyers dominate the tape — more than 95% of volume — with moving averages aligned to the upside. The weekly, though, stays spent: the MACD histogram has fallen for four straight weeks and Signal Strength sits near its floor. The technical read frames a mature rally to be managed.
This week's summary
The CAC, the CAC 40 ETF, has climbed back onto its all-time high: from 2.29% below the peak last week it now works just 0.66% under, up 5.28% since entry. Industrials and banks, the two heaviest slices of the basket, each added more than 2% on the week. The daily technical analysis flags one uncomfortable detail, though: buying now accounts for under a quarter of traded volume. Price is rising while the tape beneath it thins out.
IQS Phase
60
ordinary
Signal Strength
11
low · fading
ATH distance
0.66%
0.66%
KPI 4
0/3
Trade P&L %
+5.28%
from signal to date, no stop loss
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