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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
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
39%
11%
50%
My opinion
Bearish under 13,380.70 EUR
My targets
13,237.70 EUR (-0.56%)
13,052.20 EUR (-1.95%)
My analysis
In a bearish trend, the price of DAX40 PERF INDEX tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 13,380.70 EUR. A bearish break in the support located at 13,237.70 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 13,052.20 EUR. Then 12,833.30 EUR by extension. It would be safer to wait for a bearish break in the support located at 13,237.70 EUR before allowing yourself to re trade short positions (for sale) on DAX40 PERF INDEX. PS: if there is a bullish break in the resistance located at 13,380.70 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.5

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.

ZIZOU93
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 13,312.36 EUR. On the day, this instrument gained +0.35% and was traded between 13,273.20 EUR and 13,443.77 EUR over the period. The price is currently at +0.30% from its lowest and -0.98% from its highest.

13,273.20
13,443.77
13,312.36

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

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 for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DAX40 PERF INDEX chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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

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

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12,833.30 13,052.20 13,237.70 13,312.36 13,380.70 13,567.80 13,789.00
Change (%) -3.60% -1.95% -0.56% - +0.51% +1.92% +3.58%
Change -479.06 -260.16 -74.66 - +68.34 +255.44 +476.64
Level Major Minor Intermediate - Minor Minor Major



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

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 52.39
MACD (12,26,9): 24.5300
Directional Movement: 2.70
AROON (14): 64.29
DEMA (21): 13,302.28
Parabolic SAR (0,02-0,02-0,2): 13,440.36
Elder Ray (13): 11.52
Super Trend (3,10): 13,221.05
Zig ZAG (10): 13,312.58
VORTEX (21): 1.0400
Stochastique (14,3,5): 55.00
TEMA (21): 13,374.05
Williams %R (14): -46.78
Chande Momentum Oscillator (20): 114.35
Repulse (5,40,3): -0.1300
ROCnROLL: -1
TRIX (15,9): 0.0200
Courbe Coppock: 2.68
MA7: 13,280.02
MA20: 13,976.01
MA50: 13,978.92
MA100: 14,245.04
MAexp7: 13,322.08
MAexp20: 13,281.32
MAexp50: 13,353.45
MAexp100: 13,577.11
Price / MA7: +0.24%
Price / MA20: -4.75%
Price / MA50: -4.77%
Price / MA100: -6.55%
Price / MAexp7: -0.07%
Price / MAexp20: +0.23%
Price / MAexp50: -0.31%
Price / MAexp100: -1.95%

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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