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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%
56%
22%
My opinion
Bearish under 15,133.60 EUR
My targets
14,973.30 EUR (-0.25%)
14,880.44 EUR (-0.87%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DAX40 PERF INDEX as long as the price remains well below 15,133.60 EUR. The sellers' bearish objective is set at 14,973.30 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 14,880.44 EUR. In case of crossing, the next objective would be the support located at 13,789.00 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
7.1

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.

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 rating is 15,011.13 EUR. The price registered a decrease of -3.80% on the session and was traded between 14,952.67 EUR and 15,587.39 EUR over the period. The price is currently at +0.39% from its lowest and -3.70% from its highest.

14,952.67
15,587.39
15,011.13

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

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 this 1H chart of DAX40 PERF INDEX indicates that the overall trend is strongly bearish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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

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

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



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


S3S2S1PriceR1R2R3
ProTrendLines 13,201.10 13,789.00 14,973.30 15,011.13 15,133.60 15,450.90 15,640.30
Change (%) -12.06% -8.14% -0.25% - +0.82% +2.93% +4.19%
Change -1,810.03 -1,222.13 -37.83 - +122.47 +439.77 +629.17
Level Intermediate Major Major - Major Intermediate Minor



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
Standard14,145.3514,549.0114,780.0715,183.7315,414.7915,818.4516,049.51
Camarilla14,836.5814,894.7714,952.9515,011.1315,069.3115,127.5015,185.68
Woodie14,059.0514,505.8614,693.7715,140.5815,328.4915,775.3015,963.21
Fibonacci14,549.0114,791.4714,941.2715,183.7315,426.1915,575.9915,818.45


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 13.60
MACD (12,26,9): -187.6900
Directional Movement: -48.16
AROON (14): -92.86
DEMA (21): 15,176.73
Parabolic SAR (0,02-0,02-0,2): 15,263.76
Elder Ray (13): -249.33
Super Trend (3,10): 15,304.42
Zig ZAG (10): 15,011.13
VORTEX (21): 0.6200
Stochastique (14,3,5): 7.90
TEMA (21): 15,063.51
Williams %R (14): -91.44
Chande Momentum Oscillator (20): -547.37
Repulse (5,40,3): -1.2000
ROCnROLL: 2
TRIX (15,9): -0.1300
Courbe Coppock: 6.64
MA7: 15,703.80
MA20: 15,882.97
MA50: 15,761.53
MA100: 15,667.52
MAexp7: 15,167.20
MAexp20: 15,400.13
MAexp50: 15,617.19
MAexp100: 15,739.19
Price / MA7: -4.41%
Price / MA20: -5.49%
Price / MA50: -4.76%
Price / MA100: -4.19%
Price / MAexp7: -1.03%
Price / MAexp20: -2.53%
Price / MAexp50: -3.88%
Price / MAexp100: -4.63%

Quotes : - 15 min delayed data - Germany Indices

News


Don't forget to follow the news on DAX40 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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