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 11/10/2023 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
50%
11%
39%
My opinion
Bearish under 15,310.01 EUR
My targets
15,158.51 EUR (-0.63%)
15,104.02 EUR (-0.98%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for DAX40 PERF INDEX as long as the price remains well below 15,310.01 EUR. The sellers' bearish objective is set at 15,158.51 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15,104.02 EUR. If there is any crossing, the next objective would be the support located at 15,068.25 EUR.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0

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

Additional analysis

Quotes

The DAX40 PERF INDEX price is 15,254.03 EUR. On the day, this instrument lost -0.64% with the lowest point at 15,215.04 EUR and the highest point at 15,309.52 EUR. The deviation from the price is +0.26% for the low point and -0.36% for the high point.

15,215.04
15,309.52
15,254.03

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of DAX40 PERF INDEX indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14,973.33 15,068.25 15,212.10 15,254.03 15,527.71 15,951.46 16,271.75
Change (%) -1.84% -1.22% -0.27% - +1.79% +4.57% +6.67%
Change -280.70 -185.78 -41.93 - +273.68 +697.43 +1,017.72
Level Major Minor Major - Major Minor 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
Standard15,104.0215,158.5115,255.5215,310.0115,407.0215,461.5115,558.52
Camarilla15,310.8815,324.7715,338.6515,352.5415,366.4315,380.3215,394.20
Woodie15,125.2915,169.1415,276.7915,320.6415,428.2915,472.1415,579.79
Fibonacci15,158.5115,216.3815,252.1315,310.0115,367.8815,403.6315,461.51


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,231.3814,455.0614,822.1515,045.8315,412.9215,636.6016,003.69
Camarilla15,026.7915,080.9415,135.1015,189.2515,243.4015,297.5615,351.71
Woodie14,303.1014,490.9114,893.8715,081.6815,484.6415,672.4516,075.41
Fibonacci14,455.0614,680.7314,820.1515,045.8315,271.5015,410.9215,636.60


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,490.2014,060.2114,435.2715,005.2815,380.3415,950.3516,325.41
Camarilla14,550.4514,637.0814,723.7114,810.3414,896.9714,983.6015,070.23
Woodie13,392.7414,011.4714,337.8114,956.5415,282.8815,901.6116,227.95
Fibonacci14,060.2114,421.2214,644.2615,005.2815,366.2915,589.3315,950.35

Numerical data


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

Technical indicators
Moving averages

RSI (14): 48.12
MACD (12,26,9): -11.8300
Directional Movement: 1.24
AROON (14): -57.14
DEMA (21): 15,244.11
Parabolic SAR (0,02-0,02-0,2): 15,219.59
Elder Ray (13): 8.71
Super Trend (3,10): 15,281.13
Zig ZAG (10): 15,259.24
VORTEX (21): 0.8700
Stochastique (14,3,5): 73.07
TEMA (21): 15,236.98
Williams %R (14): -33.48
Chande Momentum Oscillator (20): -3.89
Repulse (5,40,3): 0.0600
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.25
MA7: 15,208.16
MA20: 15,016.43
MA50: 15,304.82
MA100: 15,623.27
MAexp7: 15,252.03
MAexp20: 15,259.97
MAexp50: 15,264.48
MAexp100: 15,237.78
Price / MA7: +0.30%
Price / MA20: +1.58%
Price / MA50: -0.33%
Price / MA100: -2.36%
Price / MAexp7: +0.01%
Price / MAexp20: -0.04%
Price / MAexp50: -0.07%
Price / MAexp100: +0.11%

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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