DAX40 FULL0624
DAX40 FULL0624
- EUR (-)
- 15 min delayed data - EUREX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: DAXXXXX
ISIN: FDAXXXXX

DAX40 FULL0624 - Daily - Technical analysis published on 04/12/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 14,586.00 EUR
My targets
13,690.00 EUR (-2.75%)
12,672.70 EUR (-9.98%)
My analysis
The bearish basic trend is very strong on DAX40 FULL0622 but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 14,586.00 EUR. Crossing the first support at 13,690.00 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 12,672.70 EUR as an objective. Crossing it would then enable sellers to target 11,515.30 EUR. Caution, a return to above the resistance located at 14,586.00 EUR would be a sign of a possible consolidation phase of 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3

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. 1H Weekly

Additional analysis

Quotes

The DAX40 FULL0622 rating is 14,077.00 EUR. On the day, this instrument lost -0.78% with the lowest point at 13,897.00 EUR and the highest point at 14,108.00 EUR. The deviation from the price is +1.30% for the low point and -0.22% for the high point.

13,897.00
14,108.00
14,077.00

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DAX40 FULL0622:
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


A technical analysis in Daily of this DAX40 FULL0622 chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11,515.30 12,672.70 13,690.00 14,077.00 15,028.00 15,931.70 16,250.00
Change (%) -18.20% -9.98% -2.75% - +6.76% +13.18% +15.44%
Change -2,561.70 -1,404.30 -387.00 - +951.00 +1,854.70 +2,173.00
Level Minor Major Major - Major Minor 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
Standard13,822.3313,948.6714,068.3314,194.6714,314.3314,440.6714,560.33
Camarilla14,120.3514,142.9014,165.4514,188.0014,210.5514,233.1014,255.65
Woodie13,819.0013,947.0014,065.0014,193.0014,311.0014,439.0014,557.00
Fibonacci13,948.6714,042.6414,100.7014,194.6714,288.6414,346.7014,440.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13,424.0013,733.0014,005.0014,314.0014,586.0014,895.0015,167.00
Camarilla14,117.2314,170.4814,223.7414,277.0014,330.2614,383.5214,436.78
Woodie13,405.5013,723.7513,986.5014,304.7514,567.5014,885.7515,148.50
Fibonacci13,733.0013,954.9414,092.0614,314.0014,535.9414,673.0614,895.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,398.6711,423.3312,895.6713,920.3315,392.6716,417.3317,889.67
Camarilla13,681.3313,910.2214,139.1114,368.0014,596.8914,825.7815,054.68
Woodie10,622.5011,535.2513,119.5014,032.2515,616.5016,529.2518,113.50
Fibonacci11,423.3312,377.1912,966.4813,920.3314,874.1915,463.4816,417.33

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): 44.99
MACD (12,26,9): -47.8000
Directional Movement: -6.29
AROON (14): -71.43
DEMA (21): 14,228.61
Parabolic SAR (0,02-0,02-0,2): 14,874.90
Elder Ray (13): -275.04
Super Trend (3,10): 13,493.97
Zig ZAG (10): 14,068.00
VORTEX (21): 1.0000
Stochastique (14,3,5): 19.60
TEMA (21): 14,312.96
Williams %R (14): -83.49
Chande Momentum Oscillator (20): -333.00
Repulse (5,40,3): -0.2300
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 1.42
MA7: 14,252.29
MA20: 14,390.55
MA50: 14,463.76
MA100: 15,067.82
MAexp7: 14,229.36
MAexp20: 14,296.23
MAexp50: 14,515.92
MAexp100: 14,854.07
Price / MA7: -1.23%
Price / MA20: -2.18%
Price / MA50: -2.67%
Price / MA100: -6.58%
Price / MAexp7: -1.07%
Price / MAexp20: -1.53%
Price / MAexp50: -3.02%
Price / MAexp100: -5.23%

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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