CDAX PERF INDEX - 1H - Technical analysis published on 12/02/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
11%
56%
My opinion
Bullish above 1,270.00 EUR
My targets
1,311.26 EUR (+2.25%)
1,330.18 EUR (+3.72%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1,270.00 EUR remains possible. It is advisable to trade CDAX PERF INDEX with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1,270.00 EUR. The next bullish objective for buyers is set at 1,311.26 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,330.18 EUR. If there is any crossing, the next objective would be the resistance located at 1,363.72 EUR. PS: if there is a bearish break in the support located at 1,270.00 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.6
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Additional analysis
Quotes
CDAX PERF INDEX rating 1,282.46 EUR. The price registered a decrease of -0.04% on the session and was between 1,274.30 EUR and 1,292.23 EUR. This implies that the price is at +0.64% from its lowest and at -0.76% from its highest.1,274.30
1,292.23
1,282.46
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CDAX PERF INDEX indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,213.56 | 1,246.70 | 1,270.00 | 1,282.46 | 1,330.18 | 1,363.72 | 1,413.83 |
| Change (%) | -5.37% | -2.79% | -0.97% | - | +3.72% | +6.34% | +10.24% |
| Change | -68.90 | -35.76 | -12.46 | - | +47.72 | +81.26 | +131.37 |
| Level | Minor | Minor | Major | - | Major | Intermediate | 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 | 1,265.06 | 1,271.39 | 1,277.21 | 1,283.54 | 1,289.36 | 1,295.69 | 1,301.51 |
| Camarilla | 1,279.69 | 1,280.80 | 1,281.92 | 1,283.03 | 1,284.14 | 1,285.26 | 1,286.37 |
| Woodie | 1,264.81 | 1,271.26 | 1,276.96 | 1,283.41 | 1,289.11 | 1,295.56 | 1,301.26 |
| Fibonacci | 1,271.39 | 1,276.03 | 1,278.90 | 1,283.54 | 1,288.18 | 1,291.05 | 1,295.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,244.54 | 1,252.80 | 1,266.78 | 1,275.04 | 1,289.02 | 1,297.28 | 1,311.26 |
| Camarilla | 1,274.63 | 1,276.67 | 1,278.71 | 1,280.75 | 1,282.79 | 1,284.83 | 1,286.87 |
| Woodie | 1,247.39 | 1,254.23 | 1,269.63 | 1,276.47 | 1,291.87 | 1,298.71 | 1,314.11 |
| Fibonacci | 1,252.80 | 1,261.30 | 1,266.55 | 1,275.04 | 1,283.54 | 1,288.79 | 1,297.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,038.18 | 1,089.18 | 1,181.31 | 1,232.31 | 1,324.44 | 1,375.44 | 1,467.57 |
| Camarilla | 1,234.08 | 1,247.20 | 1,260.32 | 1,273.44 | 1,286.56 | 1,299.68 | 1,312.80 |
| Woodie | 1,058.75 | 1,099.46 | 1,201.88 | 1,242.59 | 1,345.01 | 1,385.72 | 1,488.14 |
| Fibonacci | 1,089.18 | 1,143.86 | 1,177.63 | 1,232.31 | 1,286.99 | 1,320.76 | 1,375.44 |
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): | 53.62 | |
| MACD (12,26,9): | 3.1000 | |
| Directional Movement: | -7.71 | |
| AROON (14): | 0 | |
| DEMA (21): | 1,286.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,292.23 | |
| Elder Ray (13): | -2.38 | |
| Super Trend (3,10): | 1,276.94 | |
| Zig ZAG (10): | 1,283.40 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 62.28 | |
| TEMA (21): | 1,287.95 | |
| Williams %R (14): | -49.25 | |
| Chande Momentum Oscillator (20): | -1.20 | |
| Repulse (5,40,3): | 0.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.15 |
| MA7: | 1,276.71 | |
| MA20: | 1,257.57 | |
| MA50: | 1,173.80 | |
| MA100: | 1,180.42 | |
| MAexp7: | 1,285.28 | |
| MAexp20: | 1,282.71 | |
| MAexp50: | 1,277.82 | |
| MAexp100: | 1,268.98 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | +1.98% | |
| Price / MA50: | +9.26% | |
| Price / MA100: | +8.64% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +0.36% | |
| Price / MAexp100: | +1.06% |
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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