CDAX PERF INDEX - 1H - Technical analysis published on 06/26/2024 (GMT)
- 169
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
17%
33%
50%
My opinion
Neutral between 1,570.31 EUR and 1,590.84 EUR
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 1,570.31 EUR. The first resistance is located at 1,590.84 EUR. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 CDAX PERF INDEX price is 1,576.00 EUR. The price is lower by -0.08% since the last closing with the lowest point at 1,568.57 EUR and the highest point at 1,593.06 EUR. The deviation from the price is +0.47% for the low point and -1.07% for the high point.1,568.57
1,593.06
1,576.00
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
Here is a more detailed summary of the historical variations registered by CDAX PERF INDEX:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a 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 slightly bearish. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 50
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:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1,525.31 | 1,554.31 | 1,570.31 | 1,576.00 | 1,576.25 | 1,590.84 | 1,615.59 |
| Change (%) | -3.22% | -1.38% | -0.36% | - | +0.02% | +0.94% | +2.51% |
| Change | -50.69 | -21.69 | -5.69 | - | +0.25 | +14.84 | +39.59 |
| Level | Major | Intermediate | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,559.65 | 1,564.90 | 1,571.10 | 1,576.35 | 1,582.55 | 1,587.80 | 1,594.00 |
| Camarilla | 1,574.14 | 1,575.19 | 1,576.24 | 1,577.29 | 1,578.34 | 1,579.39 | 1,580.44 |
| Woodie | 1,560.12 | 1,565.14 | 1,571.57 | 1,576.59 | 1,583.02 | 1,588.04 | 1,594.47 |
| Fibonacci | 1,564.90 | 1,569.28 | 1,571.98 | 1,576.35 | 1,580.73 | 1,583.43 | 1,587.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,534.07 | 1,544.55 | 1,555.28 | 1,565.76 | 1,576.49 | 1,586.97 | 1,597.70 |
| Camarilla | 1,560.17 | 1,562.11 | 1,564.06 | 1,566.00 | 1,567.94 | 1,569.89 | 1,571.83 |
| Woodie | 1,534.19 | 1,544.61 | 1,555.40 | 1,565.82 | 1,576.61 | 1,587.03 | 1,597.82 |
| Fibonacci | 1,544.55 | 1,552.66 | 1,557.66 | 1,565.76 | 1,573.87 | 1,578.87 | 1,586.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,463.89 | 1,504.26 | 1,551.49 | 1,591.86 | 1,639.09 | 1,679.46 | 1,726.69 |
| Camarilla | 1,574.64 | 1,582.67 | 1,590.70 | 1,598.73 | 1,606.76 | 1,614.79 | 1,622.82 |
| Woodie | 1,467.33 | 1,505.98 | 1,554.93 | 1,593.58 | 1,642.53 | 1,681.18 | 1,730.13 |
| Fibonacci | 1,504.26 | 1,537.72 | 1,558.39 | 1,591.86 | 1,625.32 | 1,645.99 | 1,679.46 |
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): | 49.74 | |
| MACD (12,26,9): | 0.9900 | |
| Directional Movement: | -6.42 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 1,578.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,591.63 | |
| Elder Ray (13): | -1.25 | |
| Super Trend (3,10): | 1,587.63 | |
| Zig ZAG (10): | 1,576.34 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 19.83 | |
| TEMA (21): | 1,578.17 | |
| Williams %R (14): | -68.84 | |
| Chande Momentum Oscillator (20): | 0.21 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.17 |
| MA7: | 1,571.79 | |
| MA20: | 1,587.10 | |
| MA50: | 1,586.15 | |
| MA100: | 1,557.91 | |
| MAexp7: | 1,576.78 | |
| MAexp20: | 1,577.11 | |
| MAexp50: | 1,575.13 | |
| MAexp100: | 1,578.15 | |
| Price / MA7: | +0.27% | |
| Price / MA20: | -0.70% | |
| Price / MA50: | -0.64% | |
| Price / MA100: | +1.16% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | -0.14% |
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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