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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 - 1H - Technical analysis published on 06/26/2020 (GMT)

  • 201
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Bullish
De fond: Neutral
Technical indicators
61%
6%
33%
My opinion
Neutral between 12,172.20 EUR and 12,374.70 EUR
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 12,374.70 EUR. The first support is located at 12,172.20 EUR. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by DAX30 PERF INDEX.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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.

Bastien Huneau
This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DAX30 PERF INDEX price is 12,284.50 EUR. On the day, this instrument gained +0.88% and was between 12,180.86 EUR and 12,347.45 EUR. This implies that the price is at +0.85% from its lowest and at -0.51% from its highest.

12,180.86
12,347.45
12,284.50

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DAX30 PERF INDEX:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of DAX30 PERF INDEX in 1H shows a neutral overall trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

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.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11,794.10 11,957.20 12,172.20 12,284.50 12,374.70 12,482.40 12,763.90
Change (%) -3.99% -2.66% -0.91% - +0.73% +1.61% +3.90%
Change -490.40 -327.30 -112.30 - +90.20 +197.90 +479.40
Level Major Minor Intermediate - Intermediate 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
Standard11,732.1511,844.7312,011.3012,123.8812,290.4512,403.0312,569.60
Camarilla12,101.1012,126.6912,152.2812,177.8712,203.4612,229.0512,254.64
Woodie11,759.1511,858.2312,038.3012,137.3812,317.4512,416.5312,596.60
Fibonacci11,844.7311,951.3712,017.2512,123.8812,230.5212,296.4012,403.03


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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 50.18
MACD (12,26,9): -11.4100
Directional Movement: -0.65
AROON (14): 92.86
DEMA (21): 12,220.56
Parabolic SAR (0,02-0,02-0,2): 12,083.17
Elder Ray (13): 27.96
Super Trend (3,10): 12,063.45
Zig ZAG (10): 12,267.36
VORTEX (21): 0.9900
Stochastique (14,3,5): 85.13
TEMA (21): 12,235.43
Williams %R (14): -28.35
Chande Momentum Oscillator (20): 111.52
Repulse (5,40,3): -0.2200
ROCnROLL: -1
TRIX (15,9): -0.0400
Courbe Coppock: 1.31
MA7: 12,277.07
MA20: 12,289.84
MA50: 11,412.60
MA100: 11,358.97
MAexp7: 12,260.36
MAexp20: 12,245.90
MAexp50: 12,276.98
MAexp100: 12,263.56
Price / MA7: +0.06%
Price / MA20: -0.04%
Price / MA50: +7.64%
Price / MA100: +8.15%
Price / MAexp7: +0.20%
Price / MAexp20: +0.32%
Price / MAexp50: +0.06%
Price / MAexp100: +0.17%

Quotes : 2020-06-26 12:31:22 - 15 min delayed data - Germany Indices

News


The latest news and videos published on DAX30 PERF INDEX at the time of the analysis were as follows:

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

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Londinia
Londinia AI

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