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DAX30 Perf Index
DAX30 Perf Index
- EUR (-)
15 min delay - Germany Indices
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Type: Indices
Ticker: DAX
ISIN: DE0008469008

DAX30 Perf Index - DAX30 Jumped to a Fresh 5-Month High - 01/03/2017

The German DAX 30 surged more than 7.7% over the last year and during yesterday’s session the index climbed to a fresh five-month high at 11621. The price was moving within a trading range until December 7th where the index broke the area to the upside with an aggressive rally.

Over the last month, the index surpassed the three SMAs (50-SMA, 100-SMA and 200-SMA) to the upside and now is approaching the August 8th high at 11810. On the other side, if there is a penetration of the 11390 support barrier will slip the price towards the 11130 obstacle. Technical indicators seem to be in agreement with the bullish thought as both are moving in a positive territory. The RSI indicator holds within the overbought area while the MACD oscillator is moving slightly higher.
  • Timeframe : Daily
DAX30 Perf Index - Daily
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