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 04/29/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 14,076.80 EUR
My targets
14,326.50 EUR (+1.50%)
14,600.80 EUR (+3.44%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DAX40 PERF INDEX as long as the price remains well above 14,076.80 EUR. The buyers' bullish objective is set at 14,326.50 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14,600.80 EUR. If there is any crossing, the next objective would be the resistance located at 14,980.90 EUR.

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
5.7

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:
15 min. Daily Weekly

Additional analysis

Quotes

The DAX40 PERF INDEX rating is 14,114.97 EUR. The price registered an increase of +0.97% on the session with the lowest point at 14,085.95 EUR and the highest point at 14,173.28 EUR. The deviation from the price is +0.21% for the low point and -0.41% for the high point.

14,085.95
14,173.28
14,114.97

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DAX40 PERF INDEX in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13,660.90 13,789.00 14,076.80 14,114.97 14,326.50 14,600.80 14,980.90
Change (%) -3.22% -2.31% -0.27% - +1.50% +3.44% +6.13%
Change -454.07 -325.97 -38.17 - +211.53 +485.83 +865.93
Level Minor Major Intermediate - Minor Major Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,590.5513,706.3513,843.1013,958.9014,095.6514,211.4514,348.20
Camarilla13,910.3913,933.5413,956.6913,979.8414,002.9914,026.1414,049.29
Woodie13,601.0213,711.5913,853.5713,964.1414,106.1214,216.6914,358.67
Fibonacci13,706.3513,802.8313,862.4313,958.9014,055.3814,114.9814,211.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,283.4113,637.5613,889.8214,243.9714,496.2314,850.3815,102.64
Camarilla13,975.3314,030.9214,086.5014,142.0914,197.6814,253.2714,308.85
Woodie13,232.4813,612.0913,838.8914,218.5014,445.3014,824.9115,051.71
Fibonacci13,637.5613,869.2114,012.3214,243.9714,475.6214,618.7314,850.38


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): 59.36
MACD (12,26,9): 35.3600
Directional Movement: 1.36
AROON (14): 85.71
DEMA (21): 14,027.12
Parabolic SAR (0,02-0,02-0,2): 13,867.11
Elder Ray (13): 99.38
Super Trend (3,10): 13,862.95
Zig ZAG (10): 14,114.36
VORTEX (21): 1.1800
Stochastique (14,3,5): 91.59
TEMA (21): 14,101.16
Williams %R (14): -12.52
Chande Momentum Oscillator (20): 109.15
Repulse (5,40,3): -0.0100
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 3.41
MA7: 14,029.81
MA20: 14,180.64
MA50: 14,178.74
MA100: 14,904.59
MAexp7: 14,070.66
MAexp20: 14,002.02
MAexp50: 14,025.97
MAexp100: 14,095.13
Price / MA7: +0.61%
Price / MA20: -0.46%
Price / MA50: -0.45%
Price / MA100: -5.30%
Price / MAexp7: +0.31%
Price / MAexp20: +0.81%
Price / MAexp50: +0.63%
Price / MAexp100: +0.14%

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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