DAX40 PERF INDEX - 1H - Technical analysis published on 04/29/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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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
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This analysis was given by Gstar99. Take part yourself by sharing additional analysis on another time unit:
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.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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:
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:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 13,590.55 | 13,706.35 | 13,843.10 | 13,958.90 | 14,095.65 | 14,211.45 | 14,348.20 |
Camarilla | 13,910.39 | 13,933.54 | 13,956.69 | 13,979.84 | 14,002.99 | 14,026.14 | 14,049.29 |
Woodie | 13,601.02 | 13,711.59 | 13,853.57 | 13,964.14 | 14,106.12 | 14,216.69 | 14,358.67 |
Fibonacci | 13,706.35 | 13,802.83 | 13,862.43 | 13,958.90 | 14,055.38 | 14,114.98 | 14,211.45 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13,283.41 | 13,637.56 | 13,889.82 | 14,243.97 | 14,496.23 | 14,850.38 | 15,102.64 |
Camarilla | 13,975.33 | 14,030.92 | 14,086.50 | 14,142.09 | 14,197.68 | 14,253.27 | 14,308.85 |
Woodie | 13,232.48 | 13,612.09 | 13,838.89 | 14,218.50 | 14,445.30 | 14,824.91 | 15,051.71 |
Fibonacci | 13,637.56 | 13,869.21 | 14,012.32 | 14,243.97 | 14,475.62 | 14,618.73 | 14,850.38 |
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): | 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 :
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15 min delayed data
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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:
- DAX Forecast April 15, 2022
- DAX Forecast March 13, 2022
- DAX Forecast April 7, 2022
- DAX Forecast April 6, 2022
- DAX Forecast April 5, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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