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 11/03/2020 (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: Strongly bullish
De fond: Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 11,725.88 EUR
My targets
12,187.04 EUR (+1.47%)
12,374.70 EUR (+3.03%)
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 11,725.88 EUR. The next resistance located at 12,187.04 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 12,374.70 EUR. After this resistance, buyers could then target 12,599.80 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
7.1

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:
1H Daily Weekly

Additional analysis

Quotes

The DAX30 PERF INDEX price is 12,010.30 EUR. On the day, this instrument gained +1.88% and was between 11,851.03 EUR and 12,040.48 EUR. This implies that the price is at +1.34% from its lowest and at -0.25% from its highest.

11,851.03
12,040.48
12,010.30

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this DAX30 PERF INDEX chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

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


S3S2S1PriceR1R2R3
ProTrendLines 11,107.70 11,457.40 11,794.10 12,010.30 12,374.70 12,599.80 12,873.20
Change (%) -7.52% -4.60% -1.80% - +3.03% +4.91% +7.18%
Change -902.60 -552.90 -216.20 - +364.40 +589.50 +862.90
Level Minor Intermediate Major - Major 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
Standard11,327.1211,439.2411,613.7611,725.8811,900.4012,012.5212,187.04
Camarilla11,709.4611,735.7311,762.0111,788.2811,814.5611,840.8311,867.11
Woodie11,358.3211,454.8411,644.9611,741.4811,931.6012,028.1212,218.24
Fibonacci11,439.2411,548.7411,616.3811,725.8811,835.3811,903.0212,012.52


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,248.4510,849.2711,202.8711,803.6912,157.2912,758.1113,111.71
Camarilla11,294.0211,381.5011,468.9911,556.4811,643.9711,731.4611,818.95
Woodie10,124.8510,787.4711,079.2711,741.8912,033.6912,696.3112,988.11
Fibonacci10,849.2711,213.8611,439.1011,803.6912,168.2812,393.5212,758.11


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,252.0510,351.0710,953.7712,052.7912,655.4913,754.5114,357.21
Camarilla11,088.5111,244.5011,400.4911,556.4811,712.4711,868.4612,024.45
Woodie9,003.9010,226.9910,705.6211,928.7112,407.3413,630.4314,109.06
Fibonacci10,351.0711,001.1211,402.7312,052.7912,702.8413,104.4513,754.51

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): 71.28
MACD (12,26,9): 39.7600
Directional Movement: 15.15
AROON (14): -28.57
DEMA (21): 12,038.41
Parabolic SAR (0,02-0,02-0,2): 12,028.71
Elder Ray (13): 20.56
Super Trend (3,10): 11,956.06
Zig ZAG (10): 12,017.98
VORTEX (21): 1.1600
Stochastique (14,3,5): 63.84
TEMA (21): 12,027.16
Williams %R (14): -31.57
Chande Momentum Oscillator (20): 26.15
Repulse (5,40,3): 0.1100
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 0.08
MA7: 11,822.49
MA20: 12,496.23
MA50: 12,769.66
MA100: 12,724.77
MAexp7: 12,008.54
MAexp20: 11,981.10
MAexp50: 11,888.84
MAexp100: 11,817.26
Price / MA7: +1.59%
Price / MA20: -3.89%
Price / MA50: -5.95%
Price / MA100: -5.61%
Price / MAexp7: +0.01%
Price / MAexp20: +0.24%
Price / MAexp50: +1.02%
Price / MAexp100: +1.63%

Quotes : 2020-11-03 14:10:44 - 15 min delayed data - Germany Indices

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

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