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 - Daily - Technical analysis published on 05/30/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 15,200.40 EUR
My targets
16,271.80 EUR (+2.00%)
My analysis
DAX40 PERF INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 15,200.40 EUR. The next resistance located at 16,271.80 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.9

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 koenakubheka. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The DAX40 PERF INDEX price is 15,952.73 EUR. On the day, this instrument lost -0.20% with the lowest point at 15,925.22 EUR and the highest point at 16,079.73 EUR. The deviation from the price is +0.17% for the low point and -0.79% for the high point.

15,925.22
16,079.73
15,952.73

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

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DAX40 PERF INDEX:
The Central Records scanner for higher/lower results shows the following items:

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 this Daily chart of DAX40 PERF INDEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily



On the 18 technical indicators analysed, 4 are bullish, 9 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 13,789.00 14,532.40 15,200.40 15,952.73 16,271.80
Change (%) -13.56% -8.90% -4.72% - +2.00%
Change -2,163.73 -1,420.33 -752.33 - +319.07
Level Intermediate Intermediate Intermediate - 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
Standard15,737.5515,831.3815,892.0615,985.8916,046.5716,140.4016,201.08
Camarilla15,910.2415,924.4015,938.5715,952.7315,966.8915,981.0615,995.22
Woodie15,720.9715,823.0915,875.4815,977.6016,029.9916,132.1116,184.50
Fibonacci15,831.3815,890.4115,926.8715,985.8916,044.9216,081.3816,140.40


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): 52.21
MACD (12,26,9): 69.6200
Directional Movement: 2.38
AROON (14): -28.57
DEMA (21): 16,048.31
Parabolic SAR (0,02-0,02-0,2): 16,274.72
Elder Ray (13): 31.07
Super Trend (3,10): 15,791.53
Zig ZAG (10): 15,952.73
VORTEX (21): 1.0300
Stochastique (14,3,5): 30.34
TEMA (21): 16,014.26
Williams %R (14): -62.63
Chande Momentum Oscillator (20): 117.82
Repulse (5,40,3): -0.4400
ROCnROLL: -1
TRIX (15,9): 0.0900
Courbe Coppock: 1.53
MA7: 16,032.12
MA20: 15,947.26
MA50: 15,692.81
MA100: 15,467.47
MAexp7: 15,973.49
MAexp20: 15,940.15
MAexp50: 15,742.97
MAexp100: 15,382.77
Price / MA7: -0.50%
Price / MA20: +0.03%
Price / MA50: +1.66%
Price / MA100: +3.14%
Price / MAexp7: -0.13%
Price / MAexp20: +0.08%
Price / MAexp50: +1.33%
Price / MAexp100: +3.71%

Quotes : - 15 min delayed data - Germany Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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