MDAX50 PERF INDEX

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	MDAX
ISIN:	DE000A0Z3ND6

MDAX50 PERF INDEX - 1H - Technical analysis published on 11/27/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

11%

56%

33%

My opinion

Bearish under 26,335.78 EUR

My targets

25,915.48 EUR (-1.07%)

25,720.25 EUR (-1.81%)

My analysis

There is a bearish trend on MDAX50 PERF INDEX both at the basic level and in the short term. A sale could be considered, so long as the price remains below 26,335.78 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 25,915.48 EUR. Then the price could move towards 25,720.25 EUR. Then 25,125.84 EUR by extension. Be careful, a return to above the resistance 26,335.78 EUR would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

5.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

MDAX50 PERF INDEX rating 26,194.65 EUR. The price registered a decrease of -0.06% on the session and was between 26,104.18 EUR and 26,308.55 EUR. This implies that the price is at +0.35% from its lowest and at -0.43% from its highest.

26,104.18

26,308.55

26,194.65

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this MDAX50 PERF INDEX chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

The probability of a further decline is moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25,720.25	25,915.48	26,135.07	26,194.65	26,335.78	26,600.23	27,005.02
Change (%)	-1.81%	-1.07%	-0.23%	-	+0.54%	+1.55%	+3.09%
Change	-474.40	-279.17	-59.58	-	+141.13	+405.58	+810.37
Level	Minor	Intermediate	Intermediate	-	Intermediate	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25,903.31	26,042.17	26,126.47	26,265.33	26,349.63	26,488.49	26,572.79
Camarilla	26,149.39	26,169.85	26,190.30	26,210.76	26,231.22	26,251.67	26,272.13
Woodie	25,876.02	26,028.53	26,099.18	26,251.69	26,322.34	26,474.85	26,545.50
Fibonacci	26,042.17	26,127.42	26,180.09	26,265.33	26,350.58	26,403.25	26,488.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24,948.22	25,334.23	25,757.22	26,143.23	26,566.22	26,952.23	27,375.22
Camarilla	25,957.73	26,031.88	26,106.04	26,180.20	26,254.36	26,328.52	26,402.68
Woodie	24,966.70	25,343.48	25,775.70	26,152.48	26,584.70	26,961.48	27,393.70
Fibonacci	25,334.23	25,643.27	25,834.20	26,143.23	26,452.27	26,643.20	26,952.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24,646.88	25,441.97	25,884.40	26,679.49	27,121.92	27,917.01	28,359.44
Camarilla	25,986.52	26,099.96	26,213.40	26,326.84	26,440.28	26,553.72	26,667.16
Woodie	24,470.56	25,353.81	25,708.08	26,591.33	26,945.60	27,828.85	28,183.12
Fibonacci	25,441.97	25,914.70	26,206.75	26,679.49	27,152.22	27,444.27	27,917.01

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):	45.65
MACD (12,26,9):	-1.7300
Directional Movement:	-5.26
AROON (14):	-57.14
DEMA (21):	26,238.62
Parabolic SAR (0,02-0,02-0,2):	26,377.30
Elder Ray (13):	-61.92
Super Trend (3,10):	26,392.35
Zig ZAG (10):	26,167.85
VORTEX (21):	0.9600
Stochastique (14,3,5):	15.45
TEMA (21):	26,205.83
Williams %R (14):	-79.19
Chande Momentum Oscillator (20):	-114.16
Repulse (5,40,3):	-0.0400
ROCnROLL:	2
TRIX (15,9):	0.0200
Courbe Coppock:	1.08

MA7:	26,142.65
MA20:	26,352.42
MA50:	26,628.12
MA100:	25,868.18
MAexp7:	26,192.47
MAexp20:	26,224.38
MAexp50:	26,207.37
MAexp100:	26,276.68
Price / MA7:	+0.20%
Price / MA20:	-0.60%
Price / MA50:	-1.63%
Price / MA100:	+1.26%
Price / MAexp7:	+0.01%
Price / MAexp20:	-0.11%
Price / MAexp50:	-0.05%
Price / MAexp100:	-0.31%

Quotes : - 15 min delayed data - Germany Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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