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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 04/19/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
39%
11%
50%
My opinion
Bullish above 14,078.20 EUR
My targets
14,345.54 EUR (+1.36%)
14,543.90 EUR (+2.76%)
My analysis
The strong short-term increase in DAX40 PERF INDEX calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 14,078.20 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 14,345.54 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14,543.90 EUR as an objective. Crossing it would then enable buyers to target 14,732.00 EUR. Caution, a return under 14,078.20 EUR could jeopardize the reversal.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
1.3

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.

Simon1
This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

DAX40 PERF INDEX rating 14,153.46 EUR. The price is lower by -0.07% since the last closing with the lowest point at 13,991.70 EUR and the highest point at 14,158.56 EUR. The deviation from the price is +1.16% for the low point and -0.04% for the high point.

13,991.70
14,158.56
14,153.46

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, which identifies the highest / lowest, has detected an element:

Central Records

Near a 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 slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13,789.00 13,887.10 14,078.20 14,153.46 14,184.00 14,543.90 14,732.00
Change (%) -2.58% -1.88% -0.53% - +0.22% +2.76% +4.09%
Change -364.46 -266.36 -75.26 - +30.54 +390.44 +578.54
Level Major Minor Intermediate - Major Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,908.0313,973.1614,068.5114,133.6414,228.9914,294.1214,389.47
Camarilla14,119.7214,134.4314,149.1414,163.8514,178.5614,193.2714,207.98
Woodie13,923.1313,980.7214,083.6114,141.2014,244.0914,301.6814,404.57
Fibonacci13,973.1614,034.4714,072.3414,133.6414,194.9514,232.8214,294.12


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,523.7213,705.4213,934.6314,116.3314,345.5414,527.2414,756.45
Camarilla14,050.8514,088.5214,126.1814,163.8514,201.5214,239.1814,276.85
Woodie13,547.4913,717.3013,958.4014,128.2114,369.3114,539.1214,780.22
Fibonacci13,705.4213,862.3813,959.3614,116.3314,273.2914,370.2714,527.24


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): 54.83
MACD (12,26,9): -2.6700
Directional Movement: 1.79
AROON (14): -35.72
DEMA (21): 14,088.87
Parabolic SAR (0,02-0,02-0,2): 14,154.08
Elder Ray (13): 41.28
Super Trend (3,10): 14,216.24
Zig ZAG (10): 14,147.42
VORTEX (21): 1.1300
Stochastique (14,3,5): 58.65
TEMA (21): 14,105.37
Williams %R (14): -29.44
Chande Momentum Oscillator (20): 4.05
Repulse (5,40,3): 0.6000
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.13
MA7: 14,152.64
MA20: 14,326.39
MA50: 14,381.75
MA100: 15,007.06
MAexp7: 14,101.97
MAexp20: 14,095.23
MAexp50: 14,130.68
MAexp100: 14,190.98
Price / MA7: +0.01%
Price / MA20: -1.21%
Price / MA50: -1.59%
Price / MA100: -5.69%
Price / MAexp7: +0.37%
Price / MAexp20: +0.41%
Price / MAexp50: +0.16%
Price / MAexp100: -0.26%

Quotes : - 15 min delayed data - Germany Indices

News


The latest news and videos published on DAX40 PERF INDEX at the time of the analysis were as follows:

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

About author

Londinia
Londinia AI

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