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DAX40 PERF INDEX
DAX40 PERF INDEX
- EUR (-)
- 15 min delayed data - Germany Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: DAX
ISIN: DE0008469008

DAX40 PERF INDEX - 15 min. - Technical analysis published on 06/25/2020 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Bearish
De fond: Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 12,225.71 EUR
My targets
11,962.17 EUR (-1.60%)
11,830.41 EUR (-2.68%)
My analysis
The bearish basic trend is very strong on DAX30 PERF INDEX but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 12,225.71 EUR. Crossing the first support at 11,962.17 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 11,830.41 EUR as an objective. Crossing it would then enable sellers to target 11,566.87 EUR. Caution, a return to above the resistance located at 12,225.71 EUR would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.9

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

DAX30 PERF INDEX rating 12,156.31 EUR. On the day, this instrument gained +0.52% and was traded between 11,957.31 EUR and 12,217.42 EUR over the period. The price is currently at +1.66% from its lowest and -0.50% from its highest.

11,957.31
12,217.42
12,156.31

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DAX30 PERF INDEX:

Technical


Technical analysis of this 15 min. chart of DAX30 PERF INDEX indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes



In fact, 10 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

White gravestone / inverted hammer

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11,597.80 11,794.10 12,055.60 12,156.31 12,172.20 12,374.70 12,482.40
Change (%) -4.59% -2.98% -0.83% - +0.13% +1.80% +2.68%
Change -558.51 -362.21 -100.71 - +15.89 +218.39 +326.09
Level Major Major Minor - Intermediate Major Intermediate



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
Standard11,566.8711,830.4111,962.1712,225.7112,357.4712,621.0112,752.77
Camarilla11,985.2312,021.4712,057.7112,093.9412,130.1812,166.4112,202.65
Woodie11,500.9911,797.4711,896.2912,192.7712,291.5912,588.0712,686.89
Fibonacci11,830.4111,981.4112,074.7012,225.7112,376.7112,470.0012,621.01


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,905.0911,251.4511,791.1112,137.4712,677.1313,023.4913,563.15
Camarilla12,087.1112,168.3212,249.5412,330.7612,411.9812,493.2012,574.42
Woodie11,001.7311,299.7811,887.7512,185.8012,773.7713,071.8113,659.79
Fibonacci11,251.4511,589.9111,799.0112,137.4712,475.9312,685.0313,023.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,908.539,534.7110,560.7811,186.9612,213.0312,839.2113,865.28
Camarilla11,132.4811,283.9411,435.3911,586.8511,738.3111,889.7612,041.22
Woodie9,108.479,634.6810,760.7211,286.9312,412.9712,939.1814,065.23
Fibonacci9,534.7110,165.8710,555.8011,186.9611,818.1212,208.0512,839.21

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): 48.81
MACD (12,26,9): -51.6000
Directional Movement: -2.67
AROON (14): -64.29
DEMA (21): 12,096.13
Parabolic SAR (0,02-0,02-0,2): 11,971.77
Elder Ray (13): 34.51
Super Trend (3,10): 12,022.31
Zig ZAG (10): 12,166.66
VORTEX (21): 0.8600
Stochastique (14,3,5): 59.97
TEMA (21): 12,089.92
Williams %R (14): -31.13
Chande Momentum Oscillator (20): -89.05
Repulse (5,40,3): 0.3400
ROCnROLL: -1
TRIX (15,9): -0.0700
Courbe Coppock: 2.86
MA7: 12,290.62
MA20: 12,266.01
MA50: 11,373.01
MA100: 11,366.93
MAexp7: 12,128.06
MAexp20: 12,171.12
MAexp50: 12,259.94
MAexp100: 12,312.88
Price / MA7: -1.09%
Price / MA20: -0.89%
Price / MA50: +6.89%
Price / MA100: +6.94%
Price / MAexp7: +0.23%
Price / MAexp20: -0.12%
Price / MAexp50: -0.84%
Price / MAexp100: -1.27%

Quotes : 2020-06-25 08:42:58 - 15 min delayed data - Germany Indices

News


Don"t forget to follow the news on DAX30 PERF INDEX. At the time of publication of this analysis, the latest news was as follows:

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

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