DAX40 FULL0624 - 1H - Technical analysis published on 10/11/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
72%
6%
My opinion
Bearish under 15,251.80 EUR
My targets
14,968.50 EUR (-1.19%)
14,795.00 EUR (-2.34%)
My analysis
The current short-term bearish acceleration registered on DAX40 FULL1221 should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 15,251.80 EUR. Short-term sellers will use the support located at 14,968.50 EUR as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 14,795.00 EUR. Crossing this support would then open the door for sellers to target 14,558.00 EUR. Caution, if there is a return to below 15,251.80 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DAX40 FULL1221 rating is 15,149.00 EUR. The price registered a decrease of -0.34% on the session with the lowest point at 15,091.00 EUR and the highest point at 15,224.00 EUR. The deviation from the price is +0.38% for the low point and -0.49% for the high point.15,091.00
15,224.00
15,149.00
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DAX40 FULL1221:
Technical
Technical analysis of DAX40 FULL1221 in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 1 are neutral and 13 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14,795.00 | 14,968.50 | 15,118.00 | 15,149.00 | 15,251.80 | 15,509.40 | 15,608.00 |
| Change (%) | -2.34% | -1.19% | -0.20% | - | +0.68% | +2.38% | +3.03% |
| Change | -354.00 | -180.50 | -31.00 | - | +102.80 | +360.40 | +459.00 |
| Level | Minor | Intermediate | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,059.33 | 15,112.67 | 15,146.33 | 15,199.67 | 15,233.33 | 15,286.67 | 15,320.33 |
| Camarilla | 15,156.08 | 15,164.05 | 15,172.03 | 15,180.00 | 15,187.98 | 15,195.95 | 15,203.93 |
| Woodie | 15,049.50 | 15,107.75 | 15,136.50 | 15,194.75 | 15,223.50 | 15,281.75 | 15,310.50 |
| Fibonacci | 15,112.67 | 15,145.90 | 15,166.43 | 15,199.67 | 15,232.90 | 15,253.43 | 15,286.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,441.00 | 14,618.00 | 14,899.00 | 15,076.00 | 15,357.00 | 15,534.00 | 15,815.00 |
| Camarilla | 15,054.05 | 15,096.03 | 15,138.02 | 15,180.00 | 15,221.98 | 15,263.97 | 15,305.95 |
| Woodie | 14,493.00 | 14,644.00 | 14,951.00 | 15,102.00 | 15,409.00 | 15,560.00 | 15,867.00 |
| Fibonacci | 14,618.00 | 14,792.96 | 14,901.04 | 15,076.00 | 15,250.96 | 15,359.04 | 15,534.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,862.67 | 14,430.33 | 14,826.67 | 15,394.33 | 15,790.67 | 16,358.33 | 16,754.67 |
| Camarilla | 14,957.90 | 15,046.27 | 15,134.63 | 15,223.00 | 15,311.37 | 15,399.73 | 15,488.10 |
| Woodie | 13,777.00 | 14,387.50 | 14,741.00 | 15,351.50 | 15,705.00 | 16,315.50 | 16,669.00 |
| Fibonacci | 14,430.33 | 14,798.58 | 15,026.09 | 15,394.33 | 15,762.58 | 15,990.09 | 16,358.33 |
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): | 42.03 | |
| MACD (12,26,9): | -5.5600 | |
| Directional Movement: | -15.33 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 15,176.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,224.00 | |
| Elder Ray (13): | -39.79 | |
| Super Trend (3,10): | 15,129.56 | |
| Zig ZAG (10): | 15,156.00 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 35.60 | |
| TEMA (21): | 15,155.94 | |
| Williams %R (14): | -64.66 | |
| Chande Momentum Oscillator (20): | -49.00 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.43 |
| MA7: | 15,148.29 | |
| MA20: | 15,351.35 | |
| MA50: | 15,608.06 | |
| MA100: | 15,583.54 | |
| MAexp7: | 15,164.85 | |
| MAexp20: | 15,179.95 | |
| MAexp50: | 15,166.91 | |
| MAexp100: | 15,163.54 | |
| Price / MA7: | +0.00% | |
| Price / MA20: | -1.32% | |
| Price / MA50: | -2.94% | |
| Price / MA100: | -2.79% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.10% |
Quotes :
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15 min delayed data
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EUREX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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