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 - Daily - Technical analysis published on 04/09/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

28%

22%

50%

My opinion

Bearish under 14,998.50 EUR

My targets

13,789.00 EUR (-3.46%)

12,831.50 EUR (-10.17%)

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 14,998.50 EUR. The next bearish objective for sellers is set at 13,789.00 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12,831.50 EUR. If there is any crossing, the next objective would be the support located at 12,439.80 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.2

Comment on the analysis

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 Gstar99. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DAX40 PERF INDEX price is 14,283.67 EUR. The price registered an increase of +1.46% on the session with the lowest point at 14,178.28 EUR and the highest point at 14,321.82 EUR. The deviation from the price is +0.74% for the low point and -0.27% for the high point.

14,178.28

14,321.82

14,283.67

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by DAX40 PERF INDEX:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this DAX40 PERF INDEX chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 5 are bullish, 9 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,439.80	12,831.50	13,789.00	14,283.67	14,417.70	14,998.50	15,472.30
Change (%)	-12.91%	-10.17%	-3.46%	-	+0.94%	+5.00%	+8.32%
Change	-1,843.87	-1,452.17	-494.67	-	+134.03	+714.83	+1,188.63
Level	Minor	Intermediate	Major	-	Intermediate	Major	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
Standard	14,057.15	14,117.72	14,200.69	14,261.26	14,344.23	14,404.80	14,487.77
Camarilla	14,244.20	14,257.35	14,270.51	14,283.67	14,296.83	14,309.99	14,323.14
Woodie	14,068.36	14,123.32	14,211.90	14,266.86	14,355.44	14,410.40	14,498.98
Fibonacci	14,117.72	14,172.55	14,206.42	14,261.26	14,316.09	14,349.96	14,404.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,429.83	13,728.50	14,006.09	14,304.76	14,582.35	14,881.02	15,158.61
Camarilla	14,125.20	14,178.02	14,230.85	14,283.67	14,336.49	14,389.32	14,442.14
Woodie	13,419.28	13,723.23	13,995.54	14,299.49	14,571.80	14,875.75	15,148.06
Fibonacci	13,728.50	13,948.64	14,084.63	14,304.76	14,524.90	14,660.89	14,881.02

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

Technical indicators

Moving averages

RSI (14):	48.75
MACD (12,26,9):	-18.5400
Directional Movement:	-4.81
AROON (14):	-42.85
DEMA (21):	14,270.23
Parabolic SAR (0,02-0,02-0,2):	14,889.69
Elder Ray (13):	-67.32
Super Trend (3,10):	13,626.98
Zig ZAG (10):	14,283.67
VORTEX (21):	1.0000
Stochastique (14,3,5):	16.03
TEMA (21):	14,405.09
Williams %R (14):	-71.44
Chande Momentum Oscillator (20):	0.02
Repulse (5,40,3):	-1.9200
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	1.74

MA7:	14,331.04
MA20:	14,345.63
MA50:	14,511.14
MA100:	15,103.18
MAexp7:	14,301.43
MAexp20:	14,315.30
MAexp50:	14,534.03
MAexp100:	14,877.64
Price / MA7:	-0.33%
Price / MA20:	-0.43%
Price / MA50:	-1.57%
Price / MA100:	-5.43%
Price / MAexp7:	-0.12%
Price / MAexp20:	-0.22%
Price / MAexp50:	-1.72%
Price / MAexp100:	-3.99%

Quotes : - 15 min delayed data - Germany Indices

News

The last news published on DAX40 PERF INDEX at the time of the generation of this analysis was as follows:

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

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