The CAC 40 index closed up 2.94% at 8,299.42 points, with a solid volume of €6.16 bn.
The Paris Stock Exchange moved higher today. Good news came from the Middle East. U.S. officials said America and Iran are close to an agreement that could end the fighting and start talks about the nuclear program. U.S. diplomat Marco Rubio said the offensive part of the conflict is over and that Washington expects Iran to reply in 48 hours.
Iran’s Revolutionary Guard promised a safe and stable passage through the Strait of Hormuz for ships that follow new rules.
Because of the calmer outlook, oil prices fell. Brent crude slipped to about $100 a barrel during the session.
Risk‑taking stocks led the gains. Safran rose 8.96% to €296.70, ArcelorMittal gained 8.03% to €53.56, Stellantis rose 4.65% to €6.48, and Renault added 4.28% to €30.70.
Defensive stocks fell. TotalEnergies dropped 3.22% to €76.75 and Engie slipped 0.58% to €27.57.
May futures:
- Resistance levels: 8,332; 8,475; 8,652.5
- Support levels: 8,237.5; 8,201.5; 8,162.5; 8,090; 8,062; 7,984; 7,961; 7,834; 7,719; 7,669; 7,540.5
During the day, the market stayed bullish above 8,201 points.
Technical view (14:00 data)
The CAC 40 future is now in a better shape. Buyers have been in control for two sessions. The index opened with a gap up (8,062‑8,100.5 points) and broke the resistance levels at 8,062, 8,163.5 and 8,206.5 points. This shows the upward move is speeding up.
Long‑term, the index is back in an upward channel whose lower border is around 8,270 points. If the market stays strong, the next target could be the gap between 8,336 and 8,358 points, and later the gap between 8,473.5 and 8,544 points. Reaching those levels might push the index toward its long‑term upper channel near 8,800 points.
Note: A strange candle on 14‑04‑2026 was caused by a “fat‑finger” order entry mistake. This odd move was ignored in the daily analysis.
If investors lose confidence or optimism fades quickly, the index could fill today’s upward gap, giving sellers the edge. However, as long as the CAC 40 stays above its opening level of 8,116.5 points, the short‑term trend stays upward.
A full gap fill would lead to a consolidation phase. The first warning level intraday is 7,958 points, with a confirmation zone around 7,890 points. Dropping below the lower bound of the accumulation zone (7,719 points) would raise the risk of a larger correction, possibly moving toward the 7,540 point area.
Technical indicators are positive: the index trades above its 20‑, 50‑ and 200‑day moving averages, the MACD histogram is rising above its signal line, the RSI is in over‑bought territory, and volume is higher than the previous session.
Conclusion
Because the market is improving, we stopped a short‑term bearish bet on the CAC 40 and shifted to buying stocks. We added positions in Crédit Agricole, Renault, Alten, LVMH and Kering only when clear technical signals appeared. A hedge using the BX4 contract remains in place to limit market risk.
