DAX40 PERF INDEX - 15 min. - Technical analysis published on 04/06/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 14,313.31 EUR
My targets
14,057.20 EUR (-0.58%)
13,789.00 EUR (-2.48%)
My analysis
The bearish trend is currently very strong for DAX40 PERF INDEX. As long as the price remains below the resistance at 14,313.31 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 14,057.20 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 13,789.00 EUR as an objective. Crossing it would then enable sellers to target 13,577.80 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 confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9
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This analysis was given by ckpawlik. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DAX40 PERF INDEX price is 14,139.56 EUR. The price registered a decrease of -1.97% on the session and was between 14,115.43 EUR and 14,437.91 EUR. This implies that the price is at +0.17% from its lowest and at -2.07% from its highest.14,115.43
14,437.91
14,139.56
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DAX40 PERF INDEX in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
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
RSI 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 : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 12,831.50 | 13,577.80 | 13,789.00 | 14,139.56 | 14,273.80 | 14,546.80 | 14,998.50 |
Change (%) | -9.25% | -3.97% | -2.48% | - | +0.95% | +2.88% | +6.07% |
Change | -1,308.06 | -561.76 | -350.56 | - | +134.24 | +407.24 | +858.94 |
Level | Intermediate | Minor | Major | - | Major | Intermediate | Major |
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 | 14,057.20 | 14,202.27 | 14,313.31 | 14,458.38 | 14,569.42 | 14,714.49 | 14,825.53 |
Camarilla | 14,353.93 | 14,377.41 | 14,400.88 | 14,424.36 | 14,447.84 | 14,471.31 | 14,494.79 |
Woodie | 14,040.20 | 14,193.76 | 14,296.31 | 14,449.87 | 14,552.42 | 14,705.98 | 14,808.53 |
Fibonacci | 14,202.27 | 14,300.10 | 14,360.54 | 14,458.38 | 14,556.21 | 14,616.65 | 14,714.49 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13,683.82 | 14,027.86 | 14,237.17 | 14,581.21 | 14,790.52 | 15,134.56 | 15,343.87 |
Camarilla | 14,294.31 | 14,345.03 | 14,395.76 | 14,446.48 | 14,497.20 | 14,547.93 | 14,598.65 |
Woodie | 13,616.46 | 13,994.18 | 14,169.81 | 14,547.53 | 14,723.16 | 15,100.88 | 15,276.51 |
Fibonacci | 14,027.86 | 14,239.24 | 14,369.83 | 14,581.21 | 14,792.59 | 14,923.18 | 15,134.56 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 10,440.92 | 11,439.88 | 12,927.32 | 13,926.28 | 15,413.72 | 16,412.68 | 17,900.12 |
Camarilla | 13,730.99 | 13,958.91 | 14,186.83 | 14,414.75 | 14,642.67 | 14,870.59 | 15,098.51 |
Woodie | 10,685.15 | 11,562.00 | 13,171.55 | 14,048.40 | 15,657.95 | 16,534.80 | 18,144.35 |
Fibonacci | 11,439.88 | 12,389.69 | 12,976.48 | 13,926.28 | 14,876.09 | 15,462.88 | 16,412.68 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 28.47 | |
MACD (12,26,9): | -55.2300 | |
Directional Movement: | -23.05 | |
AROON (14): | -85.72 | |
DEMA (21): | 14,156.68 | |
Parabolic SAR (0,02-0,02-0,2): | 14,239.26 | |
Elder Ray (13): | -53.87 | |
Super Trend (3,10): | 14,245.19 | |
Zig ZAG (10): | 14,148.32 | |
VORTEX (21): | 0.7400 | |
Stochastique (14,3,5): | 1.47 | |
TEMA (21): | 14,143.43 | |
Williams %R (14): | -96.94 | |
Chande Momentum Oscillator (20): | -84.90 | |
Repulse (5,40,3): | -0.3700 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0600 | |
Courbe Coppock: | 1.11 |
MA7: | 14,477.99 | |
MA20: | 14,279.46 | |
MA50: | 14,560.13 | |
MA100: | 15,144.24 | |
MAexp7: | 14,173.33 | |
MAexp20: | 14,231.18 | |
MAexp50: | 14,318.70 | |
MAexp100: | 14,386.84 | |
Price / MA7: | -2.34% | |
Price / MA20: | -0.98% | |
Price / MA50: | -2.89% | |
Price / MA100: | -6.63% | |
Price / MAexp7: | -0.24% | |
Price / MAexp20: | -0.64% | |
Price / MAexp50: | -1.25% | |
Price / MAexp100: | -1.72% |
Quotes :
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15 min delayed data
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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:
- DAX Forecast April 6, 2022
- DAX Forecast April 5, 2022
- DAX Forecast March 30, 2022
- DAX Forecast March 29, 2022
- DAX Forecast March 28, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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