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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 - 15 min. - Technical analysis published on 05/29/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 15,906.43 EUR
My targets
16,086.13 EUR (+0.64%)
16,188.28 EUR (+1.28%)
My analysis
The bullish trend is currently very strong on DAX40 PERF INDEX. As long as the price remains above the support at 15,906.43 EUR, you could try to benefit from the boom. The first bullish objective is located at 16,086.13 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 16,188.28 EUR as an objective. Crossing it would then enable buyers to target 16,367.98 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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.

koenakubheka
This analysis was given by koenakubheka. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

DAX40 PERF INDEX rating 15,983.97 EUR. The price has increased by +1.20% since the last closing and was between 15,726.74 EUR and 16,008.59 EUR. This implies that the price is at +1.64% from its lowest and at -0.15% from its highest.

15,726.74
16,008.59
15,983.97

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a 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. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 15 minutes


Bullish harami cross

Type : Bullish

Timeframe : 15 minutes


Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15,726.50 15,860.40 15,983.20 15,983.97 16,095.10 16,271.80 16,331.90
Change (%) -1.61% -0.77% +0.00% - +0.70% +1.80% +2.18%
Change -257.47 -123.57 -0.77 - +111.13 +287.83 +347.93
Level Minor Intermediate Minor - Minor Major Major



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
Standard15,522.4315,624.5815,804.2815,906.4316,086.1316,188.2816,367.98
Camarilla15,906.4615,932.3015,958.1315,983.9716,009.8116,035.6416,061.48
Woodie15,561.2015,643.9715,843.0515,925.8216,124.9016,207.6716,406.75
Fibonacci15,624.5815,732.2515,798.7715,906.4316,014.1016,080.6216,188.28


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15,176.2415,451.3715,717.6715,992.8016,259.1016,534.2316,800.53
Camarilla15,835.0815,884.7115,934.3415,983.9716,033.6016,083.2316,132.86
Woodie15,171.8315,449.1615,713.2615,990.5916,254.6916,532.0216,796.12
Fibonacci15,451.3715,658.2015,785.9715,992.8016,199.6316,327.4016,534.23


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15,189.8815,336.3815,629.3815,775.8816,068.8816,215.3816,508.38
Camarilla15,801.5215,841.8115,882.0915,922.3815,962.6716,002.9616,043.24
Woodie15,263.1315,373.0115,702.6315,812.5116,142.1316,252.0116,581.63
Fibonacci15,336.3815,504.2715,607.9915,775.8815,943.7716,047.4916,215.38

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): 75.04
MACD (12,26,9): 49.0000
Directional Movement: 35.88
AROON (14): 64.28
DEMA (21): 15,972.34
Parabolic SAR (0,02-0,02-0,2): 15,962.87
Elder Ray (13): 42.30
Super Trend (3,10): 15,927.69
Zig ZAG (10): 15,983.97
VORTEX (21): 1.5700
Stochastique (14,3,5): 87.44
TEMA (21): 16,006.50
Williams %R (14): -13.95
Chande Momentum Oscillator (20): 148.98
Repulse (5,40,3): 0.0300
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 1.82
MA7: 16,062.21
MA20: 15,945.74
MA50: 15,668.46
MA100: 15,452.85
MAexp7: 15,970.67
MAexp20: 15,913.51
MAexp50: 15,869.51
MAexp100: 15,892.42
Price / MA7: -0.49%
Price / MA20: +0.24%
Price / MA50: +2.01%
Price / MA100: +3.44%
Price / MAexp7: +0.08%
Price / MAexp20: +0.44%
Price / MAexp50: +0.72%
Price / MAexp100: +0.58%

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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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