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 - Daily - Technical analysis published on 07/14/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 12,374.70 EUR
My targets
12,870.60 EUR (+2.12%)
13,559.60 EUR (+7.59%)
My analysis
The bullish trend is currently very strong on DAX30 PERF INDEX. As long as the price remains above the support at 12,374.70 EUR, you could try to benefit from the boom. The first bullish objective is located at 12,870.60 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13,559.60 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.9

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.

This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The DAX30 PERF INDEX rating is 12,603.31 EUR. The price registered a decrease of -1.54% on the session and was between 12,535.90 EUR and 12,660.51 EUR. This implies that the price is at +0.54% from its lowest and at -0.45% from its highest.

12,535.90
12,660.51
12,603.31

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

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
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


A technical analysis in Daily of this DAX30 PERF INDEX chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 10,387.50 11,794.10 12,374.70 12,603.31 12,870.60 13,559.60
Change (%) -17.58% -6.42% -1.81% - +2.12% +7.59%
Change -2,215.81 -809.21 -228.61 - +267.29 +956.29
Level Major Major Minor - Intermediate Major



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
Standard12,566.3312,627.6412,713.8012,775.1112,861.2712,922.5813,008.74
Camarilla12,759.4212,772.9312,786.4512,799.9712,813.4912,827.0112,840.52
Woodie12,578.7712,633.8512,726.2412,781.3212,873.7112,928.7913,021.17
Fibonacci12,627.6412,683.9712,718.7712,775.1112,831.4412,866.2412,922.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,993.4912,205.0912,419.4012,631.0012,845.3113,056.9113,271.22
Camarilla12,516.5912,555.6312,594.6712,633.7112,672.7512,711.7912,750.84
Woodie11,994.8512,205.7712,420.7612,631.6812,846.6713,057.5913,272.57
Fibonacci12,205.0912,367.7912,468.3012,631.0012,793.7012,894.2113,056.91


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,319.4710,958.6311,634.7712,273.9312,950.0713,589.2314,265.37
Camarilla11,949.1912,069.7612,190.3312,310.9012,431.4712,552.0412,672.61
Woodie10,337.9510,967.8811,653.2512,283.1812,968.5513,598.4814,283.85
Fibonacci10,958.6311,461.0811,771.4912,273.9312,776.3813,086.7913,589.23

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): 56.66
MACD (12,26,9): 203.8300
Directional Movement: 3.80
AROON (14): 50.00
DEMA (21): 12,711.92
Parabolic SAR (0,02-0,02-0,2): 12,126.58
Elder Ray (13): 78.84
Super Trend (3,10): 11,972.02
Zig ZAG (10): 12,571.89
VORTEX (21): 1.0200
Stochastique (14,3,5): 80.18
TEMA (21): 12,657.82
Williams %R (14): -30.49
Chande Momentum Oscillator (20): 483.22
Repulse (5,40,3): -0.2700
ROCnROLL: 1
TRIX (15,9): 0.2500
Courbe Coppock: 5.86
MA7: 12,619.71
MA20: 12,422.13
MA50: 11,875.03
MA100: 11,225.58
MAexp7: 12,592.01
MAexp20: 12,422.02
MAexp50: 12,003.09
MAexp100: 11,824.50
Price / MA7: -0.13%
Price / MA20: +1.46%
Price / MA50: +6.13%
Price / MA100: +12.27%
Price / MAexp7: +0.09%
Price / MAexp20: +1.46%
Price / MAexp50: +5.00%
Price / MAexp100: +6.59%

Quotes : 2020-07-14 08:07:36 - 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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