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 04/06/2022 (GMT)

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  • Timeframe : 15 min.
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  • 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

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 ckpawlik. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

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.

Central Gaps

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:
The Central Records scanner for higher/lower results shows an item:

Central Records

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:

Central Indicators

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

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

Central Indicators

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:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard14,057.2014,202.2714,313.3114,458.3814,569.4214,714.4914,825.53
Camarilla14,353.9314,377.4114,400.8814,424.3614,447.8414,471.3114,494.79
Woodie14,040.2014,193.7614,296.3114,449.8714,552.4214,705.9814,808.53
Fibonacci14,202.2714,300.1014,360.5414,458.3814,556.2114,616.6514,714.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,683.8214,027.8614,237.1714,581.2114,790.5215,134.5615,343.87
Camarilla14,294.3114,345.0314,395.7614,446.4814,497.2014,547.9314,598.65
Woodie13,616.4613,994.1814,169.8114,547.5314,723.1615,100.8815,276.51
Fibonacci14,027.8614,239.2414,369.8314,581.2114,792.5914,923.1815,134.56


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,440.9211,439.8812,927.3213,926.2815,413.7216,412.6817,900.12
Camarilla13,730.9913,958.9114,186.8314,414.7514,642.6714,870.5915,098.51
Woodie10,685.1511,562.0013,171.5514,048.4015,657.9516,534.8018,144.35
Fibonacci11,439.8812,389.6912,976.4813,926.2814,876.0915,462.8816,412.68

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 : - 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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