DAX40 PERF INDEX - 15 min. - Technical analysis published on 10/27/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 12,251.97 EUR
My targets
12,021.67 EUR (-0.73%)
11,869.13 EUR (-1.99%)
My analysis
All elements being clearly 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 12,251.97 EUR. The sellers” bearish objective is set at 12,021.67 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11,869.13 EUR. In case of crossing, the next objective would be the support located at 11,794.10 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DAX30 PERF INDEX rating 12,110.31 EUR. The price registered a decrease of -0.55% on the session and was between 12,067.46 EUR and 12,223.60 EUR. This implies that the price is at +0.36% from its lowest and at -0.93% from its highest.12,067.46
12,223.60
12,110.31
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of DAX30 PERF INDEX in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,525.77 | 10,387.50 | 11,794.10 | 12,110.31 | 12,374.70 | 12,541.40 | 12,719.30 |
| Change (%) | -21.34% | -14.23% | -2.61% | - | +2.18% | +3.56% | +5.03% |
| Change | -2,584.54 | -1,722.81 | -316.21 | - | +264.39 | +431.09 | +608.99 |
| Level | Minor | Major | Major | - | 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 | 11,869.13 | 12,021.67 | 12,099.43 | 12,251.97 | 12,329.73 | 12,482.27 | 12,560.03 |
| Camarilla | 12,113.87 | 12,134.98 | 12,156.09 | 12,177.20 | 12,198.31 | 12,219.42 | 12,240.53 |
| Woodie | 11,831.75 | 12,002.98 | 12,062.05 | 12,233.28 | 12,292.35 | 12,463.58 | 12,522.65 |
| Fibonacci | 12,021.67 | 12,109.64 | 12,163.99 | 12,251.97 | 12,339.94 | 12,394.29 | 12,482.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,634.77 | 11,990.13 | 12,317.97 | 12,673.33 | 13,001.17 | 13,356.53 | 13,684.37 |
| Camarilla | 12,457.92 | 12,520.55 | 12,583.17 | 12,645.80 | 12,708.43 | 12,771.05 | 12,833.68 |
| Woodie | 11,621.00 | 11,983.25 | 12,304.20 | 12,666.45 | 12,987.40 | 13,349.65 | 13,670.60 |
| Fibonacci | 11,990.13 | 12,251.12 | 12,412.35 | 12,673.33 | 12,934.32 | 13,095.55 | 13,356.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,129.13 | 11,735.37 | 12,248.03 | 12,854.27 | 13,366.93 | 13,973.17 | 14,485.83 |
| Camarilla | 12,453.00 | 12,555.57 | 12,658.13 | 12,760.70 | 12,863.27 | 12,965.83 | 13,068.40 |
| Woodie | 11,082.35 | 11,711.97 | 12,201.25 | 12,830.88 | 13,320.15 | 13,949.78 | 14,439.05 |
| Fibonacci | 11,735.37 | 12,162.79 | 12,426.85 | 12,854.27 | 13,281.69 | 13,545.75 | 13,973.17 |
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): | 29.22 | |
| MACD (12,26,9): | -63.6000 | |
| Directional Movement: | -21.49 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 12,084.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,173.93 | |
| Elder Ray (13): | -40.70 | |
| Super Trend (3,10): | 12,196.58 | |
| Zig ZAG (10): | 12,078.97 | |
| VORTEX (21): | 0.7100 | |
| Stochastique (14,3,5): | 11.84 | |
| TEMA (21): | 12,083.80 | |
| Williams %R (14): | -86.64 | |
| Chande Momentum Oscillator (20): | -97.79 | |
| Repulse (5,40,3): | -0.2500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 2.13 |
| MA7: | 12,514.71 | |
| MA20: | 12,767.52 | |
| MA50: | 12,893.89 | |
| MA100: | 12,746.66 | |
| MAexp7: | 12,114.97 | |
| MAexp20: | 12,171.13 | |
| MAexp50: | 12,290.40 | |
| MAexp100: | 12,405.82 | |
| Price / MA7: | -3.23% | |
| Price / MA20: | -5.15% | |
| Price / MA50: | -6.08% | |
| Price / MA100: | -4.99% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.50% | |
| Price / MAexp50: | -1.47% | |
| Price / MAexp100: | -2.38% |
Quotes :
2020-10-27 10:11:05
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15 min delayed data
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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:
-
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.
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