MICRO DAX FULL0925 - 1H - Technical analysis published on 06/17/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
0%
50%
My opinion
Bearish under 13,209.00 EUR
My targets
13,095.33 EUR (-0.12%)
12,655.00 EUR (-3.48%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MICRO DAX FULL0922. As long as you are under the resistance located at 13,209.00 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 13,095.33 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 12,655.00 EUR as an objective. Crossing it would then enable sellers to target 11,366.70 EUR. If the resistance 13,209.00 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2
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This analysis was given by sven-pro-trader. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICRO DAX FULL0922 price is 13,111.00 EUR. On the day, this instrument gained +0.55% and was traded between 12,979.00 EUR and 13,214.00 EUR over the period. The price is currently at +1.02% from its lowest and -0.78% from its highest.12,979.00
13,214.00
13,111.00
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of MICRO DAX FULL0922 indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,236.70 | 11,366.70 | 12,655.00 | 13,111.00 | 13,209.00 | 13,600.00 | 14,120.00 |
| Change (%) | -21.92% | -13.30% | -3.48% | - | +0.75% | +3.73% | +7.70% |
| Change | -2,874.30 | -1,744.30 | -456.00 | - | +98.00 | +489.00 | +1,009.00 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,025.67 | 12,470.33 | 12,754.67 | 13,199.33 | 13,483.67 | 13,928.33 | 14,212.67 |
| Camarilla | 12,838.53 | 12,905.35 | 12,972.18 | 13,039.00 | 13,105.83 | 13,172.65 | 13,239.48 |
| Woodie | 11,945.50 | 12,430.25 | 12,674.50 | 13,159.25 | 13,403.50 | 13,888.25 | 14,132.50 |
| Fibonacci | 12,470.33 | 12,748.81 | 12,920.86 | 13,199.33 | 13,477.81 | 13,649.86 | 13,928.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,452.67 | 13,095.33 | 13,422.67 | 14,065.33 | 14,392.67 | 15,035.33 | 15,362.67 |
| Camarilla | 13,483.25 | 13,572.17 | 13,661.08 | 13,750.00 | 13,838.92 | 13,927.83 | 14,016.75 |
| Woodie | 12,295.00 | 13,016.50 | 13,265.00 | 13,986.50 | 14,235.00 | 14,956.50 | 15,205.00 |
| Fibonacci | 13,095.33 | 13,465.87 | 13,694.79 | 14,065.33 | 14,435.87 | 14,664.79 | 15,035.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,273.33 | 12,775.67 | 13,595.33 | 14,097.67 | 14,917.33 | 15,419.67 | 16,239.33 |
| Camarilla | 14,051.45 | 14,172.63 | 14,293.82 | 14,415.00 | 14,536.18 | 14,657.37 | 14,778.55 |
| Woodie | 12,432.00 | 12,855.00 | 13,754.00 | 14,177.00 | 15,076.00 | 15,499.00 | 16,398.00 |
| Fibonacci | 12,775.67 | 13,280.67 | 13,592.66 | 14,097.67 | 14,602.67 | 14,914.66 | 15,419.67 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.16 | |
| MACD (12,26,9): | -23.4600 | |
| Directional Movement: | -9.47 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 13,083.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,214.00 | |
| Elder Ray (13): | -23.61 | |
| Super Trend (3,10): | 13,209.89 | |
| Zig ZAG (10): | 13,143.00 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 73.55 | |
| TEMA (21): | 13,127.13 | |
| Williams %R (14): | -26.38 | |
| Chande Momentum Oscillator (20): | 104.00 | |
| Repulse (5,40,3): | 0.2700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 2.03 |
| MA7: | 13,476.71 | |
| MA20: | 14,066.40 | |
| MA50: | 14,013.66 | |
| MA100: | 14,290.26 | |
| MAexp7: | 13,133.52 | |
| MAexp20: | 13,131.11 | |
| MAexp50: | 13,232.94 | |
| MAexp100: | 13,426.20 | |
| Price / MA7: | -2.71% | |
| Price / MA20: | -6.79% | |
| Price / MA50: | -6.44% | |
| Price / MA100: | -8.25% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.92% | |
| Price / MAexp100: | -2.35% |
Quotes :
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15 min delayed data
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EUREX Futures Micro
This member declared not having a position on this financial instrument or a related financial instrument.
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