DAX40 PERF INDEX - 15 min. - Technical analysis published on 09/24/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 12,705.55 EUR
My targets
12,580.39 EUR (-0.16%)
12,517.82 EUR (-0.66%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on DAX30 PERF INDEX as long as the price remains well below 12,705.55 EUR. The next bearish objective for sellers is set at 12,580.39 EUR. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 12,517.82 EUR. If there is any crossing, the next objective would be the support located at 12,392.66 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DAX30 PERF INDEX rating is 12,600.48 EUR. On the day, this instrument lost -0.34% and was between 12,512.50 EUR and 12,684.80 EUR. This implies that the price is at +0.70% from its lowest and at -0.66% from its highest.12,512.50
12,684.80
12,600.48
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.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of DAX30 PERF INDEX indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 12,374.70 | 12,505.20 | 12,594.40 | 12,600.48 | 12,873.20 | 13,143.90 | 13,267.60 |
Change (%) | -1.79% | -0.76% | -0.05% | - | +2.16% | +4.31% | +5.29% |
Change | -225.78 | -95.28 | -6.08 | - | +272.72 | +543.42 | +667.12 |
Level | Minor | Minor | Intermediate | - | Major | Intermediate | Intermediate |
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 | 12,392.66 | 12,517.82 | 12,580.39 | 12,705.55 | 12,768.12 | 12,893.28 | 12,955.85 |
Camarilla | 12,591.34 | 12,608.55 | 12,625.76 | 12,642.97 | 12,660.18 | 12,677.39 | 12,694.60 |
Woodie | 12,361.37 | 12,502.17 | 12,549.11 | 12,689.90 | 12,736.84 | 12,877.63 | 12,924.57 |
Fibonacci | 12,517.82 | 12,589.53 | 12,633.83 | 12,705.55 | 12,777.26 | 12,821.56 | 12,893.28 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12,685.22 | 12,860.58 | 12,988.41 | 13,163.78 | 13,291.61 | 13,466.98 | 13,594.81 |
Camarilla | 13,032.87 | 13,060.66 | 13,088.46 | 13,116.25 | 13,144.04 | 13,171.84 | 13,199.63 |
Woodie | 12,661.45 | 12,848.70 | 12,964.65 | 13,151.90 | 13,267.85 | 13,455.09 | 13,571.05 |
Fibonacci | 12,860.58 | 12,976.40 | 13,047.96 | 13,163.78 | 13,279.60 | 13,351.15 | 13,466.98 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11,610.49 | 11,988.05 | 12,466.71 | 12,844.27 | 13,322.93 | 13,700.49 | 14,179.16 |
Camarilla | 12,709.92 | 12,788.41 | 12,866.89 | 12,945.38 | 13,023.87 | 13,102.35 | 13,180.84 |
Woodie | 11,661.05 | 12,013.32 | 12,517.27 | 12,869.55 | 13,373.49 | 13,725.77 | 14,229.71 |
Fibonacci | 11,988.05 | 12,315.12 | 12,517.19 | 12,844.27 | 13,171.34 | 13,373.41 | 13,700.49 |
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): | 41.26 | |
MACD (12,26,9): | -11.2800 | |
Directional Movement: | -12.20 | |
AROON (14): | -50.00 | |
DEMA (21): | 12,616.95 | |
Parabolic SAR (0,02-0,02-0,2): | 12,675.14 | |
Elder Ray (13): | -21.78 | |
Super Trend (3,10): | 12,595.18 | |
Zig ZAG (10): | 12,600.18 | |
VORTEX (21): | 1.0500 | |
Stochastique (14,3,5): | 17.01 | |
TEMA (21): | 12,617.00 | |
Williams %R (14): | -90.51 | |
Chande Momentum Oscillator (20): | -62.44 | |
Repulse (5,40,3): | -0.1800 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0100 | |
Courbe Coppock: | 0.60 |
MA7: | 12,853.62 | |
MA20: | 13,009.54 | |
MA50: | 12,922.34 | |
MA100: | 12,444.46 | |
MAexp7: | 12,625.28 | |
MAexp20: | 12,634.58 | |
MAexp50: | 12,661.26 | |
MAexp100: | 12,712.37 | |
Price / MA7: | -1.97% | |
Price / MA20: | -3.14% | |
Price / MA50: | -2.49% | |
Price / MA100: | +1.25% | |
Price / MAexp7: | -0.20% | |
Price / MAexp20: | -0.27% | |
Price / MAexp50: | -0.48% | |
Price / MAexp100: | -0.88% |
Quotes :
2020-09-24 13:15:57
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15 min delayed data
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Germany Indices
News
The last news published on DAX30 PERF INDEX at the time of the generation of this analysis was as follows:
- Will the DAX continue to push higher? - 2nd June 2020
- Stock Market Outlook: Dow Jones, S&P 500, DAX 30 Trends and Positioning
- DAX Forecast May 11, 2020
- DAX Forecast May 1, 2020
- DAX Forecast April 21, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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