SDAX50 PERF INDEX - 1H - Technical analysis published on 04/12/2023 (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
50%
17%
33%
My opinion
Bullish above 13,064.90 EUR
My targets
13,230.00 EUR (+0.52%)
13,322.60 EUR (+1.23%)
My analysis
SDAX50 PERF INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13,064.90 EUR. The next resistance located at 13,230.00 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13,322.60 EUR. After this resistance, buyers could then target 13,487.70 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SDAX50 PERF INDEX rating 13,161.16 EUR. The price is lower by -0.05% since the last closing with the lowest point at 13,128.24 EUR and the highest point at 13,280.61 EUR. The deviation from the price is +0.25% for the low point and -0.90% for the high point.13,128.24
13,280.61
13,161.16
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SDAX50 PERF INDEX:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SDAX50 PERF INDEX chart shows a strongly bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12,572.60 | 12,711.20 | 13,064.90 | 13,161.16 | 13,230.00 | 13,322.60 | 13,487.70 |
| Change (%) | -4.47% | -3.42% | -0.73% | - | +0.52% | +1.23% | +2.48% |
| Change | -588.56 | -449.96 | -96.26 | - | +68.84 | +161.44 | +326.54 |
| Level | Minor | Major | Minor | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,947.03 | 13,037.63 | 13,099.40 | 13,190.00 | 13,251.77 | 13,342.37 | 13,404.14 |
| Camarilla | 13,119.26 | 13,133.23 | 13,147.19 | 13,161.16 | 13,175.13 | 13,189.10 | 13,203.06 |
| Woodie | 12,932.61 | 13,030.42 | 13,084.98 | 13,182.79 | 13,237.35 | 13,335.16 | 13,389.72 |
| Fibonacci | 13,037.63 | 13,095.84 | 13,131.80 | 13,190.00 | 13,248.21 | 13,284.17 | 13,342.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,514.20 | 12,706.07 | 12,881.09 | 13,072.96 | 13,247.98 | 13,439.85 | 13,614.87 |
| Camarilla | 12,955.22 | 12,988.85 | 13,022.48 | 13,056.11 | 13,089.74 | 13,123.37 | 13,157.01 |
| Woodie | 12,505.78 | 12,701.86 | 12,872.67 | 13,068.75 | 13,239.56 | 13,435.64 | 13,606.45 |
| Fibonacci | 12,706.07 | 12,846.22 | 12,932.81 | 13,072.96 | 13,213.11 | 13,299.70 | 13,439.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,087.85 | 11,729.01 | 12,442.13 | 13,083.29 | 13,796.41 | 14,437.57 | 15,150.69 |
| Camarilla | 12,782.82 | 12,906.97 | 13,031.11 | 13,155.25 | 13,279.39 | 13,403.54 | 13,527.68 |
| Woodie | 11,123.83 | 11,747.00 | 12,478.11 | 13,101.28 | 13,832.39 | 14,455.56 | 15,186.67 |
| Fibonacci | 11,729.01 | 12,246.35 | 12,565.96 | 13,083.29 | 13,600.63 | 13,920.24 | 14,437.57 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.96 | |
| MACD (12,26,9): | 29.4200 | |
| Directional Movement: | 20.07 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 13,173.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,134.27 | |
| Elder Ray (13): | -3.23 | |
| Super Trend (3,10): | 13,064.02 | |
| Zig ZAG (10): | 13,156.51 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 39.69 | |
| TEMA (21): | 13,190.91 | |
| Williams %R (14): | -64.46 | |
| Chande Momentum Oscillator (20): | 62.29 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.04 |
| MA7: | 13,100.29 | |
| MA20: | 12,961.65 | |
| MA50: | 13,220.61 | |
| MA100: | 12,857.51 | |
| MAexp7: | 13,167.29 | |
| MAexp20: | 13,136.48 | |
| MAexp50: | 13,093.51 | |
| MAexp100: | 13,055.01 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | +1.54% | |
| Price / MA50: | -0.45% | |
| Price / MA100: | +2.36% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.52% | |
| Price / MAexp100: | +0.81% |
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.
About author
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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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