DAX40 FULL0625
DAX40 FULL0625
- EUR (-)
- 15 min delayed data - EUREX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: DAXXXXX
ISIN: FDAXXXXX

DAX40 FULL0625 - 1H - Technical analysis published on 12/06/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 15,509.40 EUR
My targets
15,057.20 EUR (-0.88%)
14,909.00 EUR (-1.86%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DAX40 FULL1221 as long as the price remains well below 15,509.40 EUR. The sellers' bearish objective is set at 15,057.20 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 14,909.00 EUR. In case of crossing, the next objective would be the support located at 14,558.00 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DAX40 FULL1221 price is 15,191.00 EUR. The price has increased by +0.45% since the last closing with the lowest point at 15,175.00 EUR and the highest point at 15,327.00 EUR. The deviation from the price is +0.11% for the low point and -0.89% for the high point.

15,175.00
15,327.00
15,191.00

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



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 an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DAX40 FULL1221 in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14,558.00 14,909.00 15,057.20 15,191.00 15,212.00 15,509.40 15,735.00
Change (%) -4.17% -1.86% -0.88% - +0.14% +2.10% +3.58%
Change -633.00 -282.00 -133.80 - +21.00 +318.40 +544.00
Level Minor Minor Major - Minor Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,660.6714,870.3315,013.6715,223.3315,366.6715,576.3315,719.67
Camarilla15,059.9315,092.2815,124.6415,157.0015,189.3615,221.7215,254.08
Woodie14,627.5014,853.7514,980.5015,206.7515,333.5015,559.7515,686.50
Fibonacci14,870.3315,005.1815,088.4915,223.3315,358.1815,441.4915,576.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,278.3314,593.6714,875.3315,190.6715,472.3315,787.6716,069.33
Camarilla14,992.8315,047.5515,102.2815,157.0015,211.7315,266.4515,321.18
Woodie14,261.5014,585.2514,858.5015,182.2515,455.5015,779.2516,052.50
Fibonacci14,593.6714,821.7214,962.6115,190.6715,418.7215,559.6115,787.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,205.6714,057.3314,591.6715,443.3315,977.6716,829.3317,363.67
Camarilla14,744.8514,871.9014,998.9515,126.0015,253.0515,380.1015,507.15
Woodie13,047.0013,978.0014,433.0015,364.0015,819.0016,750.0017,205.00
Fibonacci14,057.3314,586.7914,913.8815,443.3315,972.7916,299.8816,829.33

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): 42.94
MACD (12,26,9): -6.7900
Directional Movement: -5.10
AROON (14): 85.71
DEMA (21): 15,226.53
Parabolic SAR (0,02-0,02-0,2): 15,327.00
Elder Ray (13): -45.03
Super Trend (3,10): 15,326.74
Zig ZAG (10): 15,185.00
VORTEX (21): 0.9600
Stochastique (14,3,5): 56.51
TEMA (21): 15,230.19
Williams %R (14): -58.82
Chande Momentum Oscillator (20): 82.00
Repulse (5,40,3): -0.6000
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 1.00
MA7: 15,206.00
MA20: 15,774.80
MA50: 15,610.10
MA100: 15,640.97
MAexp7: 15,234.44
MAexp20: 15,237.20
MAexp50: 15,256.29
MAexp100: 15,315.02
Price / MA7: -0.10%
Price / MA20: -3.70%
Price / MA50: -2.68%
Price / MA100: -2.88%
Price / MAexp7: -0.29%
Price / MAexp20: -0.30%
Price / MAexp50: -0.43%
Price / MAexp100: -0.81%

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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