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 - Weekly - Technical analysis published on 11/04/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

39%

My opinion

Bearish under 13,789.00 EUR

My targets

12,374.70 EUR (-5.75%)

11,399.50 EUR (-13.18%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DAX40 PERF INDEX. As long as you are under the resistance located at 13,789.00 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 12,374.70 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 11,399.50 EUR as an objective. Crossing it would then enable sellers to target 10,392.30 EUR. If the resistance 13,789.00 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

0.9

Comment on the analysis

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 ASHIQ ALI. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DAX40 PERF INDEX rating is 13,130.19 EUR. The price registered a decrease of -0.85% over 5 days and has been traded over the last 5 days between 13,022.60 EUR and 13,444.10 EUR. This implies that the 5 day price is +0.83% from its lowest point and -2.33% from its highest point.

13,022.60

13,444.10

13,130.19

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

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, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DAX40 PERF INDEX in Weekly shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Weekly

An assessment of technical indicators shows a moderate bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10,392.30	11,399.50	12,374.70	13,130.19	13,789.00	14,973.30	16,271.80
Change (%)	-20.85%	-13.18%	-5.75%	-	+5.02%	+14.04%	+23.93%
Change	-2,737.89	-1,730.69	-755.49	-	+658.81	+1,843.11	+3,141.61
Level	Minor	Minor	Major	-	Major	Major	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,865.43	12,944.04	13,037.11	13,115.72	13,208.79	13,287.40	13,380.47
Camarilla	13,082.98	13,098.72	13,114.45	13,130.19	13,145.93	13,161.67	13,177.40
Woodie	12,872.67	12,947.66	13,044.35	13,119.34	13,216.03	13,291.02	13,387.71
Fibonacci	12,944.04	13,009.62	13,050.14	13,115.72	13,181.30	13,221.82	13,287.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,395.20	12,571.29	12,907.31	13,083.40	13,419.42	13,595.51	13,931.53
Camarilla	13,102.50	13,149.44	13,196.39	13,243.33	13,290.27	13,337.22	13,384.16
Woodie	12,475.17	12,611.27	12,987.28	13,123.38	13,499.39	13,635.49	14,011.50
Fibonacci	12,571.29	12,766.92	12,887.77	13,083.40	13,279.03	13,399.88	13,595.51

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,916.27	11,405.11	12,329.42	12,818.26	13,742.57	14,231.41	15,155.72
Camarilla	12,865.12	12,994.66	13,124.20	13,253.74	13,383.28	13,512.82	13,642.36
Woodie	11,134.02	11,513.98	12,547.17	12,927.13	13,960.32	14,340.28	15,373.47
Fibonacci	11,405.11	11,944.93	12,278.43	12,818.26	13,358.08	13,691.58	14,231.41

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.26
MACD (12,26,9):	-334.3100
Directional Movement:	-0.58
AROON (14):	-42.86
DEMA (21):	12,580.81
Parabolic SAR (0,02-0,02-0,2):	11,890.77
Elder Ray (13):	325.56
Super Trend (3,10):	13,947.34
Zig ZAG (10):	13,130.19
VORTEX (21):	0.9400
Stochastique (14,3,5):	56.21
TEMA (21):	12,616.20
Williams %R (14):	-39.22
Chande Momentum Oscillator (20):	-665.66
Repulse (5,40,3):	2.3400
ROCnROLL:	-1
TRIX (15,9):	-0.4400
Courbe Coppock:	8.65

MA7:	13,232.83
MA20:	12,800.02
MA50:	12,735.30
MA100:	12,981.18
MAexp7:	12,854.02
MAexp20:	13,069.70
MAexp50:	13,692.47
MAexp100:	13,885.61
Price / MA7:	-0.78%
Price / MA20:	+2.58%
Price / MA50:	+3.10%
Price / MA100:	+1.15%
Price / MAexp7:	+2.15%
Price / MAexp20:	+0.46%
Price / MAexp50:	-4.11%
Price / MAexp100:	-5.44%

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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