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
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 13,789.00 EUR
My targets
14,326.50 EUR (+1.62%)
14,600.80 EUR (+3.57%)
My analysis
DAX40 PERF INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13,789.00 EUR. The next resistance located at 14,326.50 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14,600.80 EUR. After this resistance, buyers could then target 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 Simon1. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

DAX40 PERF INDEX rating 14,097.88 EUR. The price has increased by +0.84% since the last closing and was traded between 14,038.55 EUR and 14,187.02 EUR over the period. The price is currently at +0.42% from its lowest and -0.63% from its highest.

14,038.55
14,187.02
14,097.88

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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:

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 bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being 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 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13,660.90 13,789.00 14,076.80 14,097.88 14,326.50 14,600.80 14,980.90
Change (%) -3.10% -2.19% -0.15% - +1.62% +3.57% +6.26%
Change -436.98 -308.88 -21.08 - +228.62 +502.92 +883.02
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
Standard13,880.1413,959.3514,028.6114,107.8214,177.0814,256.2914,325.55
Camarilla14,057.0514,070.6614,084.2714,097.8814,111.4914,125.1014,138.71
Woodie13,875.1813,956.8614,023.6514,105.3314,172.1214,253.8014,320.59
Fibonacci13,959.3514,016.0614,051.1014,107.8214,164.5314,199.5714,256.29


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,092.8913,329.5513,713.7113,950.3714,334.5314,571.1914,955.35
Camarilla13,927.1613,984.0614,040.9714,097.8814,154.7914,211.7014,268.61
Woodie13,166.6513,366.4313,787.4713,987.2514,408.2914,608.0715,029.11
Fibonacci13,329.5513,566.7013,713.2113,950.3714,187.5214,334.0314,571.19


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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 54.90
MACD (12,26,9): 43.1700
Directional Movement: 1.24
AROON (14): 64.29
DEMA (21): 14,087.64
Parabolic SAR (0,02-0,02-0,2): 14,007.68
Elder Ray (13): 13.48
Super Trend (3,10): 13,868.93
Zig ZAG (10): 14,097.88
VORTEX (21): 1.0500
Stochastique (14,3,5): 82.71
TEMA (21): 14,149.14
Williams %R (14): -24.43
Chande Momentum Oscillator (20): 107.19
Repulse (5,40,3): 0.1000
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 2.40
MA7: 14,028.10
MA20: 14,179.38
MA50: 14,178.22
MA100: 14,904.33
MAexp7: 14,100.25
MAexp20: 14,042.41
MAexp50: 14,039.84
MAexp100: 14,096.22
Price / MA7: +0.50%
Price / MA20: -0.57%
Price / MA50: -0.57%
Price / MA100: -5.41%
Price / MAexp7: -0.02%
Price / MAexp20: +0.40%
Price / MAexp50: +0.41%
Price / MAexp100: +0.01%

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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