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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 10/06/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 12,873.20 EUR
My targets
13,035.90 EUR (+1.01%)
13,142.00 EUR (+1.83%)
My analysis
DAX30 PERF INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12,873.20 EUR. The next resistance located at 13,035.90 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13,142.00 EUR. After this resistance, buyers could then target 13,339.10 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

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.

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

Additional analysis

Quotes

The DAX30 PERF INDEX rating is 12,906.02 EUR. The price has increased by +0.61% since the last closing and was traded between 12,779.65 EUR and 12,966.09 EUR over the period. The price is currently at +0.99% from its lowest and -0.46% from its highest.

12,779.65
12,966.09
12,906.02

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of DAX30 PERF INDEX in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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


S3S2S1PriceR1R2R3
ProTrendLines 12,594.40 12,695.70 12,873.20 12,906.02 13,035.90 13,142.00 13,339.10
Change (%) -2.41% -1.63% -0.25% - +1.01% +1.83% +3.36%
Change -311.62 -210.32 -32.82 - +129.88 +235.98 +433.08
Level Minor Minor Major - Minor 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
Standard12,641.8212,684.7812,756.5512,799.5112,871.2812,914.2412,986.01
Camarilla12,796.7612,807.2812,817.7912,828.3112,838.8312,849.3412,859.86
Woodie12,656.2112,691.9812,770.9512,806.7112,885.6812,921.4413,000.41
Fibonacci12,684.7812,728.6112,755.6912,799.5112,843.3412,870.4212,914.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,194.5912,367.2312,528.1312,700.7712,861.6713,034.3113,195.21
Camarilla12,597.3212,627.8912,658.4712,689.0412,719.6212,750.1912,780.76
Woodie12,188.7312,364.3012,522.2712,697.8412,855.8113,031.3813,189.35
Fibonacci12,367.2312,494.6412,573.3612,700.7712,828.1812,906.9013,034.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,129.1711,735.3812,248.0512,854.2613,366.9313,973.1414,485.81
Camarilla12,453.0412,555.6012,658.1712,760.7312,863.3012,965.8613,068.42
Woodie11,082.4111,712.0012,201.2912,830.8813,320.1713,949.7614,439.05
Fibonacci11,735.3812,162.7912,426.8512,854.2613,281.6713,545.7313,973.14

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): 66.00
MACD (12,26,9): 50.7900
Directional Movement: 20.07
AROON (14): 85.71
DEMA (21): 12,885.45
Parabolic SAR (0,02-0,02-0,2): 12,761.35
Elder Ray (13): 55.23
Super Trend (3,10): 12,781.46
Zig ZAG (10): 12,906.02
VORTEX (21): 1.2800
Stochastique (14,3,5): 72.37
TEMA (21): 12,923.25
Williams %R (14): -31.26
Chande Momentum Oscillator (20): 119.63
Repulse (5,40,3): -0.0600
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 2.36
MA7: 12,801.65
MA20: 12,905.36
MA50: 12,886.80
MA100: 12,608.14
MAexp7: 12,888.58
MAexp20: 12,826.24
MAexp50: 12,779.39
MAexp100: 12,796.02
Price / MA7: +0.82%
Price / MA20: +0.01%
Price / MA50: +0.15%
Price / MA100: +2.36%
Price / MAexp7: +0.14%
Price / MAexp20: +0.62%
Price / MAexp50: +0.99%
Price / MAexp100: +0.86%

Quotes : 2020-10-06 15:34:59 - 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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