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

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 14,998.50 EUR

My targets

13,789.00 EUR (-3.46%)

12,439.80 EUR (-12.91%)

My analysis

In the short term, we can see an acceleration in the bearish trend on DAX40 PERF INDEX, which is a positive signal for sellers. As long as the price remains above 14,998.50 EUR, a sale could be considered. The first bearish objective is located at 13,789.00 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 12,439.80 EUR as an objective. Crossing it would then enable sellers to target 10,392.30 EUR. If the price were to return above 14,998.50 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.6

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. Over 5 days, this instrument lost -1.13% with the lowest point at 14,027.20 EUR and the highest point at 14,603.40 EUR. The deviation from the price is +1.83% for the low point and -2.19% for the high point.

14,027.20

14,603.40

14,283.67

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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 Weekly of this DAX40 PERF INDEX chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Weekly

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	10,392.30	12,439.80	13,789.00	14,283.67	14,998.50	16,267.70
Change (%)	-27.24%	-12.91%	-3.46%	-	+5.00%	+13.89%
Change	-3,891.37	-1,843.87	-494.67	-	+714.83	+1,984.03
Level	Intermediate	Minor	Major	-	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

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	13,683.82	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):	42.27
MACD (12,26,9):	-357.6700
Directional Movement:	-17.21
AROON (14):	-64.29
DEMA (21):	14,422.43
Parabolic SAR (0,02-0,02-0,2):	12,488.58
Elder Ray (13):	-295.84
Super Trend (3,10):	15,503.88
Zig ZAG (10):	14,283.67
VORTEX (21):	0.8500
Stochastique (14,3,5):	49.56
TEMA (21):	14,044.76
Williams %R (14):	-52.04
Chande Momentum Oscillator (20):	-1,599.57
Repulse (5,40,3):	-1.2700
ROCnROLL:	2
TRIX (15,9):	-0.2400
Courbe Coppock:	18.22

MA7:	14,331.04
MA20:	14,345.63
MA50:	14,511.14
MA100:	15,103.18
MAexp7:	14,366.45
MAexp20:	14,823.98
MAexp50:	14,938.50
MAexp100:	14,435.38
Price / MA7:	-0.33%
Price / MA20:	-0.43%
Price / MA50:	-1.57%
Price / MA100:	-5.43%
Price / MAexp7:	-0.58%
Price / MAexp20:	-3.64%
Price / MAexp50:	-4.38%
Price / MAexp100:	-1.05%

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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