SDAX50 PERF INDEX - 1H - Technical analysis published on 08/12/2022 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 13,108.00 EUR
My targets
13,245.20 EUR (+0.40%)
13,551.54 EUR (+2.72%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SDAX50 PERF INDEX as long as the price remains well above 13,108.00 EUR. The buyers' bullish objective is set at 13,245.20 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13,551.54 EUR. If there is any crossing, the next objective would be the resistance located at 13,987.20 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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Additional analysis
Quotes
The SDAX50 PERF INDEX rating is 13,192.33 EUR. On the day, this instrument lost -0.03% and was between 13,159.90 EUR and 13,232.03 EUR. This implies that the price is at +0.25% from its lowest and at -0.30% from its highest.13,159.90
13,232.03
13,192.33
Here is a more detailed summary of the historical variations registered by SDAX50 PERF INDEX:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SDAX50 PERF INDEX in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12,272.10 | 12,711.20 | 13,108.00 | 13,192.33 | 13,245.20 | 13,987.20 | 14,477.80 |
| Change (%) | -6.98% | -3.65% | -0.64% | - | +0.40% | +6.03% | +9.74% |
| Change | -920.23 | -481.13 | -84.33 | - | +52.87 | +794.87 | +1,285.47 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 13,022.72 | 13,086.87 | 13,141.77 | 13,205.92 | 13,260.82 | 13,324.97 | 13,379.87 |
| Camarilla | 13,163.92 | 13,174.83 | 13,185.75 | 13,196.66 | 13,207.57 | 13,218.49 | 13,229.40 |
| Woodie | 13,018.09 | 13,084.56 | 13,137.14 | 13,203.61 | 13,256.19 | 13,322.66 | 13,375.24 |
| Fibonacci | 13,086.87 | 13,132.35 | 13,160.45 | 13,205.92 | 13,251.40 | 13,279.50 | 13,324.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,063.85 | 12,356.16 | 12,661.54 | 12,953.85 | 13,259.23 | 13,551.54 | 13,856.92 |
| Camarilla | 12,802.56 | 12,857.34 | 12,912.13 | 12,966.92 | 13,021.71 | 13,076.50 | 13,131.29 |
| Woodie | 12,070.39 | 12,359.43 | 12,668.08 | 12,957.12 | 13,265.77 | 13,554.81 | 13,863.46 |
| Fibonacci | 12,356.16 | 12,584.48 | 12,725.53 | 12,953.85 | 13,182.17 | 13,323.22 | 13,551.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,619.45 | 11,072.68 | 11,942.08 | 12,395.31 | 13,264.71 | 13,717.94 | 14,587.34 |
| Camarilla | 12,447.77 | 12,569.01 | 12,690.25 | 12,811.49 | 12,932.73 | 13,053.97 | 13,175.21 |
| Woodie | 10,827.55 | 11,176.72 | 12,150.18 | 12,499.35 | 13,472.81 | 13,821.98 | 14,795.44 |
| Fibonacci | 11,072.68 | 11,577.92 | 11,890.06 | 12,395.31 | 12,900.55 | 13,212.69 | 13,717.94 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 63.12 | |
| MACD (12,26,9): | 54.2300 | |
| Directional Movement: | 17.85 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 13,228.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,263.60 | |
| Elder Ray (13): | 28.88 | |
| Super Trend (3,10): | 13,089.91 | |
| Zig ZAG (10): | 13,220.38 | |
| VORTEX (21): | 1.2900 | |
| Stochastique (14,3,5): | 49.06 | |
| TEMA (21): | 13,250.29 | |
| Williams %R (14): | -45.11 | |
| Chande Momentum Oscillator (20): | 14.80 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.94 |
| MA7: | 13,073.72 | |
| MA20: | 12,757.77 | |
| MA50: | 12,543.87 | |
| MA100: | 13,177.88 | |
| MAexp7: | 13,201.51 | |
| MAexp20: | 13,155.79 | |
| MAexp50: | 13,073.07 | |
| MAexp100: | 12,958.70 | |
| Price / MA7: | +0.91% | |
| Price / MA20: | +3.41% | |
| Price / MA50: | +5.17% | |
| Price / MA100: | +0.11% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.28% | |
| Price / MAexp50: | +0.91% | |
| Price / MAexp100: | +1.80% |
Quotes :
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15 min delayed data
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Germany Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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