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 06/21/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 13,237.70 EUR
My targets
13,567.80 EUR (+1.39%)
13,789.00 EUR (+3.04%)
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 13,237.70 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 13,567.80 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13,789.00 EUR as an objective. Crossing it would then enable buyers to target 14,084.20 EUR. Caution, a return under 13,237.70 EUR could jeopardize the reversal.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.5

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 ZIZOU93. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

DAX40 PERF INDEX rating 13,381.88 EUR. The price has increased by +0.88% since the last closing with the lowest point at 13,327.54 EUR and the highest point at 13,387.91 EUR. The deviation from the price is +0.41% for the low point and -0.05% for the high point.

13,327.54
13,387.91
13,381.88

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



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 slightly bearish trend. 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

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 detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


SuperTrend indicator bullish reversal

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13,052.20 13,237.70 13,380.70 13,381.88 13,567.80 13,789.00 14,084.20
Change (%) -2.46% -1.08% -0.01% - +1.39% +3.04% +5.25%
Change -329.68 -144.18 -1.18 - +185.92 +407.12 +702.32
Level Minor Intermediate Minor - Minor Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,000.2313,053.3113,159.4513,212.5313,318.6713,371.7513,477.89
Camarilla13,221.8213,236.4113,251.0113,265.6013,280.2013,294.7913,309.39
Woodie13,026.7713,066.5813,185.9913,225.8013,345.2113,385.0213,504.43
Fibonacci13,053.3113,114.1313,151.7113,212.5313,273.3513,310.9313,371.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,232.2412,620.0712,873.1713,261.0013,514.1013,901.9314,155.03
Camarilla12,950.0013,008.7613,067.5113,126.2613,185.0113,243.7613,302.52
Woodie12,164.8712,586.3912,805.8013,227.3213,446.7313,868.2514,087.66
Fibonacci12,620.0712,864.9113,016.1713,261.0013,505.8413,657.1013,901.93


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,440.7512,910.7113,649.5314,119.4914,858.3115,328.2716,067.09
Camarilla14,055.9414,166.7414,277.5514,388.3514,499.1614,609.9614,720.77
Woodie12,575.1812,977.9313,783.9614,186.7114,992.7415,395.4916,201.52
Fibonacci12,910.7113,372.4613,657.7414,119.4914,581.2414,866.5215,328.27

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): 64.31
MACD (12,26,9): -4.9100
Directional Movement: 14.41
AROON (14): 78.57
DEMA (21): 13,188.94
Parabolic SAR (0,02-0,02-0,2): 13,119.69
Elder Ray (13): 136.84
Super Trend (3,10): 13,163.39
Zig ZAG (10): 13,367.39
VORTEX (21): 1.1500
Stochastique (14,3,5): 94.74
TEMA (21): 13,264.51
Williams %R (14): -5.91
Chande Momentum Oscillator (20): 206.98
Repulse (5,40,3): 0.6300
ROCnROLL: -1
TRIX (15,9): -0.0400
Courbe Coppock: 1.42
MA7: 13,286.64
MA20: 13,979.10
MA50: 13,980.27
MA100: 14,245.80
MAexp7: 13,249.13
MAexp20: 13,217.64
MAexp50: 13,354.92
MAexp100: 13,610.90
Price / MA7: +0.72%
Price / MA20: -4.27%
Price / MA50: -4.28%
Price / MA100: -6.06%
Price / MAexp7: +1.00%
Price / MAexp20: +1.24%
Price / MAexp50: +0.20%
Price / MAexp100: -1.68%

Quotes : - 15 min delayed data - Germany Indices

News


The last news published on DAX40 PERF INDEX at the time of the generation of this analysis was as follows:

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

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