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 12/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

44%

28%

My opinion

Bearish under 25,919.23 EUR

My targets

25,250.06 EUR (-0.54%)

24,769.21 EUR (-2.43%)

My analysis

MDAX50 PERF INDEX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 25,919.23 EUR. The next support located at 25,250.06 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 24,769.21 EUR. Below this support, sellers could then target 23,964.39 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.6

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

The MDAX50 PERF INDEX rating is 25,387.39 EUR. On the day, this instrument lost -0.16% and was traded between 25,102.26 EUR and 25,398.26 EUR over the period. The price is currently at +1.14% from its lowest and -0.04% from its highest.

25,102.26

25,398.26

25,387.39

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of MDAX50 PERF INDEX in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	23,964.39	24,769.21	25,250.06	25,387.39	25,919.23	26,111.34	26,332.42
Change (%)	-5.61%	-2.43%	-0.54%	-	+2.09%	+2.85%	+3.72%
Change	-1,423.00	-618.18	-137.33	-	+531.84	+723.95	+945.03
Level	Major	Minor	Intermediate	-	Intermediate	Intermediate	Minor

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	25,072.81	25,232.55	25,330.46	25,490.20	25,588.11	25,747.85	25,845.76
Camarilla	25,357.51	25,381.12	25,404.74	25,428.36	25,451.98	25,475.60	25,499.21
Woodie	25,041.89	25,217.09	25,299.54	25,474.74	25,557.19	25,732.39	25,814.84
Fibonacci	25,232.55	25,330.98	25,391.78	25,490.20	25,588.63	25,649.43	25,747.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25,356.49	25,942.09	26,234.89	26,820.49	27,113.29	27,698.89	27,991.69
Camarilla	26,286.13	26,366.65	26,447.17	26,527.69	26,608.21	26,688.73	26,769.25
Woodie	25,210.09	25,868.89	26,088.49	26,747.29	26,966.89	27,625.69	27,845.29
Fibonacci	25,942.09	26,277.64	26,484.94	26,820.49	27,156.04	27,363.34	27,698.89

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24,196.42	24,958.34	25,639.40	26,401.32	27,082.38	27,844.30	28,525.36
Camarilla	25,923.65	26,055.92	26,188.20	26,320.47	26,452.74	26,585.02	26,717.29
Woodie	24,156.00	24,938.13	25,598.98	26,381.11	27,041.96	27,824.09	28,484.94
Fibonacci	24,958.34	25,509.56	25,850.10	26,401.32	26,952.54	27,293.08	27,844.30

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):	29.37
MACD (12,26,9):	-204.3300
Directional Movement:	-32.84
AROON (14):	-85.71
DEMA (21):	25,190.76
Parabolic SAR (0,02-0,02-0,2):	25,102.26
Elder Ray (13):	-57.66
Super Trend (3,10):	25,431.42
Zig ZAG (10):	25,319.95
VORTEX (21):	0.8200
Stochastique (14,3,5):	37.69
TEMA (21):	25,175.68
Williams %R (14):	-53.77
Chande Momentum Oscillator (20):	-151.48
Repulse (5,40,3):	0.3400
ROCnROLL:	2
TRIX (15,9):	-0.1200
Courbe Coppock:	3.25

MA7:	26,008.36
MA20:	26,418.60
MA50:	26,572.81
MA100:	26,058.76
MAexp7:	25,293.38
MAexp20:	25,469.74
MAexp50:	25,847.68
MAexp100:	26,153.35
Price / MA7:	-2.39%
Price / MA20:	-3.90%
Price / MA50:	-4.46%
Price / MA100:	-2.58%
Price / MAexp7:	+0.37%
Price / MAexp20:	-0.32%
Price / MAexp50:	-1.78%
Price / MAexp100:	-2.93%

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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