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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 06/22/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 13,237.70 EUR
My targets
12,833.30 EUR (-1.20%)
12,232.24 EUR (-5.82%)
My analysis
The bearish trend is currently very strong for DAX40 PERF INDEX. As long as the price remains below the resistance at 13,237.70 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 12,833.30 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 12,232.24 EUR as an objective. Crossing it would then enable sellers to target 11,399.50 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5

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

The DAX40 PERF INDEX rating is 12,988.53 EUR. The price is lower by -2.29% since the last closing and was traded between 12,965.69 EUR and 13,070.18 EUR over the period. The price is currently at +0.18% from its lowest and -0.62% from its highest.

12,965.69
13,070.18
12,988.53

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

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DAX40 PERF INDEX in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10,392.30 11,399.50 12,833.30 12,988.53 13,007.90 13,237.70 13,380.70
Change (%) -19.99% -12.23% -1.20% - +0.15% +1.92% +3.02%
Change -2,596.23 -1,589.03 -155.23 - +19.37 +249.17 +392.17
Level Intermediate Minor Major - Minor Intermediate 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
Standard13,058.5713,165.8913,229.1413,336.4613,399.7113,507.0313,570.28
Camarilla13,245.4913,261.1313,276.7613,292.4013,308.0413,323.6713,339.31
Woodie13,036.5513,154.8713,207.1213,325.4413,377.6913,496.0113,548.26
Fibonacci13,165.8913,231.0413,271.3013,336.4613,401.6113,441.8713,507.03


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): 32.34
MACD (12,26,9): -38.4400
Directional Movement: -25.55
AROON (14): -57.15
DEMA (21): 13,171.82
Parabolic SAR (0,02-0,02-0,2): 13,388.69
Elder Ray (13): -185.06
Super Trend (3,10): 13,225.06
Zig ZAG (10): 13,008.03
VORTEX (21): 1.0400
Stochastique (14,3,5): 6.64
TEMA (21): 13,168.12
Williams %R (14): -91.70
Chande Momentum Oscillator (20): -260.43
Repulse (5,40,3): -0.2300
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.75
MA7: 13,216.65
MA20: 13,925.34
MA50: 13,954.95
MA100: 14,220.26
MAexp7: 13,133.95
MAexp20: 13,210.49
MAexp50: 13,312.02
MAexp100: 13,538.51
Price / MA7: -1.73%
Price / MA20: -6.73%
Price / MA50: -6.93%
Price / MA100: -8.66%
Price / MAexp7: -1.11%
Price / MAexp20: -1.68%
Price / MAexp50: -2.43%
Price / MAexp100: -4.06%

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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Londinia
Londinia AI

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