DAX40 PERF INDEX - 15 min. - Technical analysis published on 11/25/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 14,519.27 EUR
My targets
14,591.00 EUR (+0.35%)
14,642.43 EUR (+0.71%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DAX40 PERF INDEX as long as the price remains well above 14,519.27 EUR. The buyers' bullish objective is set at 14,591.00 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14,642.43 EUR. If there is any crossing, the next objective would be the resistance located at 14,714.16 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by CarelB. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DAX40 PERF INDEX price is 14,539.56 EUR. The price registered an increase of +0.78% on the session and was traded between 14,447.55 EUR and 14,570.71 EUR over the period. The price is currently at +0.64% from its lowest and -0.21% from its highest.14,447.55
14,570.71
14,539.56
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DAX40 PERF INDEX:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DAX40 PERF INDEX in 15 min. shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13,789.00 | 14,149.70 | 14,431.10 | 14,539.56 | 14,570.70 | 14,973.30 | 16,271.80 |
| Change (%) | -5.16% | -2.68% | -0.75% | - | +0.21% | +2.98% | +11.91% |
| Change | -750.56 | -389.86 | -108.46 | - | +31.14 | +433.74 | +1,732.24 |
| Level | Major | Minor | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,344.68 | 14,396.11 | 14,467.84 | 14,519.27 | 14,591.00 | 14,642.43 | 14,714.16 |
| Camarilla | 14,505.69 | 14,516.98 | 14,528.27 | 14,539.56 | 14,550.85 | 14,562.14 | 14,573.43 |
| Woodie | 14,354.82 | 14,401.19 | 14,477.98 | 14,524.35 | 14,601.14 | 14,647.51 | 14,724.30 |
| Fibonacci | 14,396.11 | 14,443.16 | 14,472.23 | 14,519.27 | 14,566.32 | 14,595.39 | 14,642.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,927.06 | 14,038.38 | 14,235.12 | 14,346.44 | 14,543.18 | 14,654.50 | 14,851.24 |
| Camarilla | 14,347.14 | 14,375.38 | 14,403.62 | 14,431.86 | 14,460.10 | 14,488.34 | 14,516.58 |
| Woodie | 13,969.77 | 14,059.74 | 14,277.83 | 14,367.80 | 14,585.89 | 14,675.86 | 14,893.95 |
| Fibonacci | 14,038.38 | 14,156.06 | 14,228.76 | 14,346.44 | 14,464.12 | 14,536.82 | 14,654.50 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.30 | |
| MACD (12,26,9): | 7.3200 | |
| Directional Movement: | 6.18 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 14,542.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 14,506.30 | |
| Elder Ray (13): | 4.17 | |
| Super Trend (3,10): | 14,561.05 | |
| Zig ZAG (10): | 14,539.56 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 80.41 | |
| TEMA (21): | 14,533.94 | |
| Williams %R (14): | -22.22 | |
| Chande Momentum Oscillator (20): | 16.72 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.09 |
| MA7: | 14,385.96 | |
| MA20: | 13,916.78 | |
| MA50: | 13,088.41 | |
| MA100: | 13,157.41 | |
| MAexp7: | 14,536.52 | |
| MAexp20: | 14,531.17 | |
| MAexp50: | 14,505.08 | |
| MAexp100: | 14,466.64 | |
| Price / MA7: | +1.07% | |
| Price / MA20: | +4.48% | |
| Price / MA50: | +11.09% | |
| Price / MA100: | +10.50% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.50% |
Quotes :
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15 min delayed data
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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:
-
DAX Forecast November 23, 2022
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Stocks to watch in the DAX Index | Relative Rotation Graphs
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DAX Forecast November 18, 2022
-
DAX Forecast November 16, 2022
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Charting the Markets: FTSE, DAX and Nasdaq look set to head higher
This member declared not having a position on this financial instrument or a related financial instrument.
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