DAX40 FULL0624 - 1H - Technical analysis published on 10/27/2021 (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:
Neutral
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 15,597.50 EUR
My targets
15,767.80 EUR (+0.46%)
15,975.00 EUR (+1.78%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DAX40 FULL1221. As long as you are above the support located at 15,597.50 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 15,767.80 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 15,975.00 EUR as an objective. If the support 15,597.50 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.3
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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 15,695.00 EUR. On the day, this instrument lost -0.42% and was traded between 15,654.00 EUR and 15,740.00 EUR over the period. The price is currently at +0.26% from its lowest and -0.29% from its highest.15,654.00
15,740.00
15,695.00
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.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DAX40 FULL1221:
Near a new HIGH record (5 years)
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 FULL1221 chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 9 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
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
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 15,446.00 | 15,509.40 | 15,597.50 | 15,695.00 | 15,767.80 | 15,975.00 |
| Change (%) | -1.59% | -1.18% | -0.62% | - | +0.46% | +1.78% |
| Change | -249.00 | -185.60 | -97.50 | - | +72.80 | +280.00 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 15,515.00 | 15,567.00 | 15,664.00 | 15,716.00 | 15,813.00 | 15,865.00 | 15,962.00 |
| Camarilla | 15,720.03 | 15,733.68 | 15,747.34 | 15,761.00 | 15,774.66 | 15,788.32 | 15,801.98 |
| Woodie | 15,537.50 | 15,578.25 | 15,686.50 | 15,727.25 | 15,835.50 | 15,876.25 | 15,984.50 |
| Fibonacci | 15,567.00 | 15,623.92 | 15,659.08 | 15,716.00 | 15,772.92 | 15,808.08 | 15,865.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,202.00 | 15,291.00 | 15,420.00 | 15,509.00 | 15,638.00 | 15,727.00 | 15,856.00 |
| Camarilla | 15,489.05 | 15,509.03 | 15,529.02 | 15,549.00 | 15,568.98 | 15,588.97 | 15,608.95 |
| Woodie | 15,222.00 | 15,301.00 | 15,440.00 | 15,519.00 | 15,658.00 | 15,737.00 | 15,876.00 |
| Fibonacci | 15,291.00 | 15,374.28 | 15,425.72 | 15,509.00 | 15,592.28 | 15,643.72 | 15,727.00 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.74 | |
| MACD (12,26,9): | 2.0300 | |
| Directional Movement: | -0.29 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 15,704.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,657.41 | |
| Elder Ray (13): | -4.90 | |
| Super Trend (3,10): | 15,668.21 | |
| Zig ZAG (10): | 15,692.00 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 45.42 | |
| TEMA (21): | 15,685.94 | |
| Williams %R (14): | -57.50 | |
| Chande Momentum Oscillator (20): | -26.00 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.37 |
| MA7: | 15,582.86 | |
| MA20: | 15,362.75 | |
| MA50: | 15,536.90 | |
| MA100: | 15,579.29 | |
| MAexp7: | 15,692.83 | |
| MAexp20: | 15,696.73 | |
| MAexp50: | 15,667.62 | |
| MAexp100: | 15,612.28 | |
| Price / MA7: | +0.72% | |
| Price / MA20: | +2.16% | |
| Price / MA50: | +1.02% | |
| Price / MA100: | +0.74% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | +0.53% |
Quotes :
-
15 min delayed data
-
EUREX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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