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 - 1H - Technical analysis published on 07/02/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
6%
61%
33%
My opinion
Bearish under 23,970.60 EUR
My targets
23,618.85 EUR (-0.50%)
23,419.48 EUR (-1.34%)
My analysis
The strong short-term decline in DAX40 PERF INDEX calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 23,970.60 EUR, one could consider taking advantage of the short-term movement. The first bearish objective is located at 23,618.85 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 23,419.48 EUR as an objective. Crossing it would then enable sellers to target 23,052.69 EUR. Be careful, a return to above 23,970.60 EUR could jeopardize the reversal.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.1

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This analysis was given by minhphuc429. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DAX40 PERF INDEX price is 23,737.94 EUR. The price has increased by +0.27% since the last closing and was traded between 23,620.42 EUR and 23,824.50 EUR over the period. The price is currently at +0.50% from its lowest and -0.36% from its highest.

23,620.42
23,824.50
23,737.94

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 1H chart of DAX40 PERF INDEX indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

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

Central Indicators

Price is back under the pivot point (Daily)

Type : Bearish

Timeframe : Weekly


Price is back over the pivot point (Weekly)

Type : Bullish

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23,052.69 23,419.48 23,618.85 23,737.94 23,782.87 23,970.60 24,121.99
Change (%) -2.89% -1.34% -0.50% - +0.19% +0.98% +1.62%
Change -685.25 -318.46 -119.09 - +44.93 +232.66 +384.05
Level Major Major Minor - Intermediate Minor Intermediate



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
Standard23,266.6123,469.9523,571.6223,774.9623,876.6324,079.9724,181.64
Camarilla23,589.4123,617.3723,645.3323,673.2923,701.2523,729.2123,757.17
Woodie23,215.7823,444.5323,520.7923,749.5423,825.8024,054.5524,130.81
Fibonacci23,469.9523,586.4623,658.4523,774.9623,891.4723,963.4624,079.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22,445.0022,762.6523,397.9323,715.5824,350.8624,668.5125,303.79
Camarilla23,771.1623,858.5223,945.8724,033.2224,120.5724,207.9224,295.28
Woodie22,603.8322,842.0623,556.7623,794.9924,509.6924,747.9225,462.62
Fibonacci22,762.6523,126.6723,351.5623,715.5824,079.6024,304.4924,668.51


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21,721.6622,387.1823,148.3923,813.9124,575.1225,240.6426,001.85
Camarilla23,517.2623,648.0423,778.8323,909.6124,040.3924,171.1824,301.96
Woodie21,769.5222,411.1023,196.2523,837.8324,622.9825,264.5626,049.71
Fibonacci22,387.1822,932.1923,268.9023,813.9124,358.9224,695.6325,240.64

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): 43.08
MACD (12,26,9): -22.4700
Directional Movement: -6.08
AROON (14): -57.14
DEMA (21): 23,763.84
Parabolic SAR (0,02-0,02-0,2): 23,791.41
Elder Ray (13): -37.94
Super Trend (3,10): 23,951.60
Zig ZAG (10): 23,692.01
VORTEX (21): 0.8100
Stochastique (14,3,5): 19.69
TEMA (21): 23,700.74
Williams %R (14): -91.26
Chande Momentum Oscillator (20): -99.72
Repulse (5,40,3): -0.4900
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 1.42
MA7: 23,727.65
MA20: 23,713.79
MA50: 23,556.53
MA100: 22,884.31
MAexp7: 23,737.07
MAexp20: 23,781.89
MAexp50: 23,748.07
MAexp100: 23,702.02
Price / MA7: +0.04%
Price / MA20: +0.10%
Price / MA50: +0.77%
Price / MA100: +3.73%
Price / MAexp7: +0.00%
Price / MAexp20: -0.18%
Price / MAexp50: -0.04%
Price / MAexp100: +0.15%

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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