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: 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
0
10
6.8

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:
15 min. Daily Weekly

Additional analysis

Quotes

DAX40 PERF INDEX rating 23,790.11 EUR. On the day, this instrument gained +0.49% with the lowest point at 23,620.42 EUR and the highest point at 23,824.50 EUR. The deviation from the price is +0.72% for the low point and -0.14% for the high point.

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.

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


A technical analysis in 1H of this DAX40 PERF INDEX chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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



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
Standard23,461.4423,540.9323,665.5223,745.0123,869.6023,949.0924,073.68
Camarilla23,733.9923,752.7023,771.4023,790.1123,808.8223,827.5323,846.23
Woodie23,483.9923,552.2123,688.0723,756.2923,892.1523,960.3724,096.23
Fibonacci23,540.9323,618.8923,667.0523,745.0123,822.9723,871.1323,949.09


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

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: 23,717.52
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

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

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