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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 10/15/2020 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 13,114.69 EUR
My targets
12,941.49 EUR (-0.66%)
12,864.00 EUR (-1.26%)
My analysis
In a bearish trend, the price of DAX30 PERF INDEX tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 13,114.69 EUR. A bearish break in the support located at 12,941.49 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 12,864.00 EUR. Then 12,768.29 EUR by extension. It would be safer to wait for a bearish break in the support located at 12,941.49 EUR before allowing yourself to re trade short positions (for sale) on DAX30 PERF INDEX. PS: if there is a bullish break in the resistance located at 13,114.69 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

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
0.4

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

Additional analysis

Quotes

The DAX30 PERF INDEX price is 13,028.06 EUR. The price has increased by +0.07% since the last closing with the lowest point at 12,975.12 EUR and the highest point at 13,066.44 EUR. The deviation from the price is +0.41% for the low point and -0.29% for the high point.

12,975.12
13,066.44
13,028.06

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this DAX30 PERF INDEX chart shows a bearish trend. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12,507.60 12,695.70 12,873.20 13,028.06 13,039.80 13,149.50 13,269.50
Change (%) -3.99% -2.55% -1.19% - +0.09% +0.93% +1.85%
Change -520.46 -332.36 -154.86 - +11.74 +121.44 +241.44
Level Intermediate Minor Major - Minor Intermediate 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
Standard12,768.2912,864.0012,941.4913,037.2013,114.6913,210.4013,287.89
Camarilla12,971.3612,987.2413,003.1113,018.9913,034.8713,050.7413,066.62
Woodie12,759.1912,859.4512,932.3913,032.6513,105.5913,205.8513,278.79
Fibonacci12,864.0012,930.1612,971.0313,037.2013,103.3613,144.2313,210.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,498.9710,640.9310,880.3711,022.3311,261.7711,403.7311,643.17
Camarilla11,014.9211,049.8811,084.8411,119.8011,154.7611,189.7211,224.68
Woodie10,547.7010,665.3010,929.1011,046.7011,310.5011,428.1011,691.90
Fibonacci10,640.9310,786.6310,876.6411,022.3311,168.0311,258.0411,403.73


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,129.1311,735.3712,248.0312,854.2713,366.9313,973.1714,485.83
Camarilla12,453.0012,555.5712,658.1312,760.7012,863.2712,965.8313,068.40
Woodie11,082.3511,711.9712,201.2512,830.8813,320.1513,949.7814,439.05
Fibonacci11,735.3712,162.7912,426.8512,854.2713,281.6913,545.7513,973.17

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): 50.57
MACD (12,26,9): 2.9500
Directional Movement: -1.20
AROON (14): 57.14
DEMA (21): 13,029.83
Parabolic SAR (0,02-0,02-0,2): 13,051.15
Elder Ray (13): 0.77
Super Trend (3,10): 12,996.22
Zig ZAG (10): 13,028.06
VORTEX (21): 1.1200
Stochastique (14,3,5): 62.52
TEMA (21): 13,036.77
Williams %R (14): -48.06
Chande Momentum Oscillator (20): 18.29
Repulse (5,40,3): -0.1000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.50
MA7: 12,900.69
MA20: 12,794.41
MA50: 12,932.59
MA100: 12,721.26
MAexp7: 13,031.40
MAexp20: 13,027.17
MAexp50: 13,031.37
MAexp100: 13,036.42
Price / MA7: +0.99%
Price / MA20: +1.83%
Price / MA50: +0.74%
Price / MA100: +2.41%
Price / MAexp7: -0.03%
Price / MAexp20: +0.01%
Price / MAexp50: -0.03%
Price / MAexp100: -0.06%

Quotes : 2020-10-14 15:34:59 - 15 min delayed data - Germany Indices

News


The last news published on DAX30 PERF INDEX at the time of the generation of this analysis was as follows:

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

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