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: Bullish

Underlying: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 23,618.85 EUR

My targets

23,970.60 EUR (+0.76%)

24,121.99 EUR (+1.40%)

My analysis

The basic bullish trend is very strong on DAX40 PERF INDEX but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 23,618.85 EUR. Crossing the first resistance at 23,970.60 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 24,121.99 EUR as an objective. Crossing it would then enable buyers to target 24,323.58 EUR. Caution, a return to below 23,618.85 EUR would be a sign of a consolidation phase in the short-term basic trend. 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.

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

6.8

Comment on the analysis

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 minhphuc429. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DAX40 PERF INDEX rating is 23,790.11 EUR. The price has increased by +0.49% since the last closing and was between 23,620.42 EUR and 23,824.50 EUR. This implies that the price is at +0.72% from its lowest and at -0.14% from its highest.

23,620.42

23,824.50

23,790.11

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.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

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

A technical analysis in 1H of this DAX40 PERF INDEX chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	23,419.48	23,618.85	23,782.87	23,790.11	23,970.60	24,121.99	24,323.58
Change (%)	-1.56%	-0.72%	-0.03%	-	+0.76%	+1.40%	+2.24%
Change	-370.63	-171.26	-7.24	-	+180.49	+331.88	+533.47
Level	Major	Minor	Intermediate	-	Minor	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23,461.44	23,540.93	23,665.52	23,745.01	23,869.60	23,949.09	24,073.68
Camarilla	23,733.99	23,752.70	23,771.40	23,790.11	23,808.82	23,827.53	23,846.23
Woodie	23,483.99	23,552.21	23,688.07	23,756.29	23,892.15	23,960.37	24,096.23
Fibonacci	23,540.93	23,618.89	23,667.05	23,745.01	23,822.97	23,871.13	23,949.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22,445.00	22,762.65	23,397.93	23,715.58	24,350.86	24,668.51	25,303.79
Camarilla	23,771.16	23,858.52	23,945.87	24,033.22	24,120.57	24,207.92	24,295.28
Woodie	22,603.83	22,842.06	23,556.76	23,794.99	24,509.69	24,747.92	25,462.62
Fibonacci	22,762.65	23,126.67	23,351.56	23,715.58	24,079.60	24,304.49	24,668.51

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21,721.66	22,387.18	23,148.39	23,813.91	24,575.12	25,240.64	26,001.85
Camarilla	23,517.26	23,648.04	23,778.83	23,909.61	24,040.39	24,171.18	24,301.96
Woodie	21,769.52	22,411.10	23,196.25	23,837.83	24,622.98	25,264.56	26,049.71
Fibonacci	22,387.18	22,932.19	23,268.90	23,813.91	24,358.92	24,695.63	25,240.64

Numerical data

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

Technical indicators

Moving averages

RSI (14):	51.16
MACD (12,26,9):	-17.2900
Directional Movement:	-6.61
AROON (14):	-35.71
DEMA (21):	23,758.51
Parabolic SAR (0,02-0,02-0,2):	23,624.14
Elder Ray (13):	8.70
Super Trend (3,10):	23,936.52
Zig ZAG (10):	23,790.11
VORTEX (21):	0.8700
Stochastique (14,3,5):	65.99
TEMA (21):	23,715.52
Williams %R (14):	-16.85
Chande Momentum Oscillator (20):	75.01
Repulse (5,40,3):	0.2800
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.74

MA7:	23,742.21
MA20:	23,717.16
MA50:	23,558.04
MA100:	22,885.05
MAexp7:	23,755.59
MAexp20:	23,775.56
MAexp50:	23,748.98
MAexp100:	23,705.39
Price / MA7:	+0.20%
Price / MA20:	+0.31%
Price / MA50:	+0.99%
Price / MA100:	+3.95%
Price / MAexp7:	+0.15%
Price / MAexp20:	+0.06%
Price / MAexp50:	+0.17%
Price / MAexp100:	+0.36%

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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