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 04/19/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 14,980.90 EUR

My targets

13,789.00 EUR (-2.60%)

12,836.00 EUR (-9.33%)

My analysis

The bearish trend is currently very strong for DAX40 PERF INDEX. As long as the price remains below the resistance at 14,980.90 EUR, you could try to take advantage of the bearish rally. 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 12,836.00 EUR as an objective. Crossing it would then enable sellers to target 11,399.50 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.1

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 Simon1. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DAX40 PERF INDEX rating is 14,157.48 EUR. The price registered a decrease of -0.05% on the session with the lowest point at 13,991.70 EUR and the highest point at 14,158.56 EUR. The deviation from the price is +1.18% for the low point and -0.01% for the high point.

13,991.70

14,158.56

14,157.48

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

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of DAX40 PERF INDEX in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,836.00	13,789.00	14,078.20	14,157.48	14,980.90	15,472.30	15,962.30
Change (%)	-9.33%	-2.60%	-0.56%	-	+5.82%	+9.29%	+12.75%
Change	-1,321.48	-368.48	-79.28	-	+823.42	+1,314.82	+1,804.82
Level	Major	Major	Intermediate	-	Major	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,908.03	13,973.16	14,068.51	14,133.64	14,228.99	14,294.12	14,389.47
Camarilla	14,119.72	14,134.43	14,149.14	14,163.85	14,178.56	14,193.27	14,207.98
Woodie	13,923.13	13,980.72	14,083.61	14,141.20	14,244.09	14,301.68	14,404.57
Fibonacci	13,973.16	14,034.47	14,072.34	14,133.64	14,194.95	14,232.82	14,294.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,523.72	13,705.42	13,934.63	14,116.33	14,345.54	14,527.24	14,756.45
Camarilla	14,050.85	14,088.52	14,126.18	14,163.85	14,201.52	14,239.18	14,276.85
Woodie	13,547.49	13,717.30	13,958.40	14,128.21	14,369.31	14,539.12	14,780.22
Fibonacci	13,705.42	13,862.38	13,959.36	14,116.33	14,273.29	14,370.27	14,527.24

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):	46.27
MACD (12,26,9):	-57.4000
Directional Movement:	-8.37
AROON (14):	-71.43
DEMA (21):	14,170.70
Parabolic SAR (0,02-0,02-0,2):	14,743.91
Elder Ray (13):	-151.47
Super Trend (3,10):	13,626.98
Zig ZAG (10):	14,147.35
VORTEX (21):	0.8700
Stochastique (14,3,5):	23.04
TEMA (21):	14,229.58
Williams %R (14):	-75.84
Chande Momentum Oscillator (20):	-468.19
Repulse (5,40,3):	2.0200
ROCnROLL:	2
TRIX (15,9):	-0.0200
Courbe Coppock:	3.36

MA7:	14,152.64
MA20:	14,326.39
MA50:	14,381.75
MA100:	15,007.06
MAexp7:	14,178.44
MAexp20:	14,245.49
MAexp50:	14,462.24
MAexp100:	14,807.34
Price / MA7:	+0.03%
Price / MA20:	-1.18%
Price / MA50:	-1.56%
Price / MA100:	-5.66%
Price / MAexp7:	-0.15%
Price / MAexp20:	-0.62%
Price / MAexp50:	-2.11%
Price / MAexp100:	-4.39%

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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