CDAX PERF INDEX

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	CDAX
ISIN:	DE0008469602

CDAX PERF INDEX - Daily - Technical analysis published on 01/13/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 1,330.18 EUR

My targets

1,413.83 EUR (+4.93%)

1,525.31 EUR (+13.20%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CDAX PERF INDEX as long as the price remains well above 1,330.18 EUR. The buyers' bullish objective is set at 1,413.83 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,525.31 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

8.4

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

CDAX PERF INDEX rating 1,347.40 EUR. The price is lower by -0.02% since the last closing with the lowest point at 1,345.69 EUR and the highest point at 1,354.15 EUR. The deviation from the price is +0.13% for the low point and -0.50% for the high point.

1,345.69

1,354.15

1,347.40

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CDAX PERF INDEX:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of CDAX PERF INDEX indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	1,172.01	1,270.00	1,330.18	1,347.40	1,413.83	1,525.31
Change (%)	-13.02%	-5.74%	-1.28%	-	+4.93%	+13.20%
Change	-175.39	-77.40	-17.22	-	+66.43	+177.91
Level	Intermediate	Intermediate	Major	-	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	1,325.33	1,331.15	1,339.40	1,345.22	1,353.47	1,359.29	1,367.54
Camarilla	1,343.79	1,345.08	1,346.37	1,347.66	1,348.95	1,350.24	1,351.53
Woodie	1,326.56	1,331.76	1,340.63	1,345.83	1,354.70	1,359.90	1,368.77
Fibonacci	1,331.15	1,336.52	1,339.84	1,345.22	1,350.59	1,353.91	1,359.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,189.47	1,212.18	1,257.58	1,280.29	1,325.69	1,348.40	1,393.80
Camarilla	1,284.26	1,290.50	1,296.75	1,302.99	1,309.23	1,315.48	1,321.72
Woodie	1,200.83	1,217.85	1,268.94	1,285.96	1,337.05	1,354.07	1,405.16
Fibonacci	1,212.18	1,238.20	1,254.27	1,280.29	1,306.31	1,322.38	1,348.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,118.57	1,166.98	1,198.12	1,246.53	1,277.67	1,326.08	1,357.22
Camarilla	1,207.37	1,214.67	1,221.96	1,229.25	1,236.54	1,243.83	1,251.13
Woodie	1,109.93	1,162.66	1,189.48	1,242.21	1,269.03	1,321.76	1,348.58
Fibonacci	1,166.98	1,197.37	1,216.15	1,246.53	1,276.92	1,295.70	1,326.08

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	74.30
MACD (12,26,9):	25.2500
Directional Movement:	38.18
AROON (14):	78.57
DEMA (21):	1,316.36
Parabolic SAR (0,02-0,02-0,2):	1,271.81
Elder Ray (13):	48.06
Super Trend (3,10):	1,301.87
Zig ZAG (10):	1,346.00
VORTEX (21):	1.1200
Stochastique (14,3,5):	96.21
TEMA (21):	1,330.12
Williams %R (14):	-6.12
Chande Momentum Oscillator (20):	118.85
Repulse (5,40,3):	1.4300
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	14.38

MA7:	1,323.31
MA20:	1,268.39
MA50:	1,261.72
MA100:	1,196.54
MAexp7:	1,322.86
MAexp20:	1,287.80
MAexp50:	1,254.62
MAexp100:	1,231.83
Price / MA7:	+1.82%
Price / MA20:	+6.23%
Price / MA50:	+6.79%
Price / MA100:	+12.61%
Price / MAexp7:	+1.86%
Price / MAexp20:	+4.63%
Price / MAexp50:	+7.40%
Price / MAexp100:	+9.38%

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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