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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 01/24/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 15,133.60 EUR
My targets
14,973.30 EUR (-0.31%)
14,880.44 EUR (-0.93%)
My analysis
The bearish trend is currently very strong for DAX40 PERF INDEX. As long as the price remains below the resistance at 15,133.60 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 14,973.30 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 14,880.44 EUR as an objective. Crossing it would then enable sellers to target 13,789.00 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7

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.

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

Additional analysis

Quotes

The DAX40 PERF INDEX price is 15,020.49 EUR. The price registered a decrease of -3.74% on the session and was between 14,952.67 EUR and 15,587.39 EUR. This implies that the price is at +0.45% from its lowest and at -3.64% from its highest.

14,952.67
15,587.39
15,020.49

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 (1st january)

Type : Bullish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DAX40 PERF INDEX in 1H 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.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

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 which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13,201.10 13,789.00 14,973.30 15,020.49 15,133.60 15,450.90 15,640.30
Change (%) -12.11% -8.20% -0.31% - +0.75% +2.87% +4.13%
Change -1,819.39 -1,231.49 -47.19 - +113.11 +430.41 +619.81
Level Intermediate Major Major - Major 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
Standard14,151.5914,552.1314,786.3115,186.8515,421.0315,821.5716,055.75
Camarilla14,845.9414,904.1314,962.3115,020.4915,078.6715,136.8615,195.04
Woodie14,068.4114,510.5414,703.1315,145.2615,337.8515,779.9815,972.57
Fibonacci14,552.1314,794.5914,944.3915,186.8515,429.3115,579.1115,821.57


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,880.4415,168.6515,386.2715,674.4815,892.1016,180.3116,397.93
Camarilla15,464.7815,511.1515,557.5115,603.8815,650.2515,696.6215,742.98
Woodie14,845.1415,151.0015,350.9715,656.8315,856.8016,162.6616,362.63
Fibonacci15,168.6515,361.8815,481.2615,674.4815,867.7115,987.0916,180.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,390.3514,725.2315,305.0415,639.9216,219.7316,554.6117,134.42
Camarilla15,633.3215,717.1715,801.0115,884.8615,968.7116,052.5516,136.40
Woodie14,512.8314,786.4615,427.5215,701.1516,342.2116,615.8417,256.90
Fibonacci14,725.2315,074.6415,290.5115,639.9215,989.3316,205.2016,554.61

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): 14.11
MACD (12,26,9): -185.0000
Directional Movement: -49.04
AROON (14): -92.86
DEMA (21): 15,180.04
Parabolic SAR (0,02-0,02-0,2): 15,263.76
Elder Ray (13): -243.13
Super Trend (3,10): 15,304.42
Zig ZAG (10): 15,032.36
VORTEX (21): 0.6300
Stochastique (14,3,5): 9.72
TEMA (21): 15,075.10
Williams %R (14): -84.74
Chande Momentum Oscillator (20): -507.14
Repulse (5,40,3): -0.8300
ROCnROLL: 2
TRIX (15,9): -0.1200
Courbe Coppock: 6.57
MA7: 15,707.29
MA20: 15,884.21
MA50: 15,762.03
MA100: 15,667.75
MAexp7: 15,172.90
MAexp20: 15,402.30
MAexp50: 15,618.29
MAexp100: 15,739.69
Price / MA7: -4.37%
Price / MA20: -5.44%
Price / MA50: -4.70%
Price / MA100: -4.13%
Price / MAexp7: -1.00%
Price / MAexp20: -2.48%
Price / MAexp50: -3.83%
Price / MAexp100: -4.57%

Quotes : - 15 min delayed data - Germany Indices

News


The latest news and videos published on DAX40 PERF INDEX at the time of the analysis were as follows:

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

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