DAX40 FULL0624 - 15 min. - Technical analysis published on 04/27/2022 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
83%
0%
17%
My opinion
Bearish under 13,872.67 EUR
My targets
13,563.33 EUR (-1.54%)
13,339.67 EUR (-3.17%)
My analysis
In a bearish trend, the price of DAX40 FULL0622 tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 13,872.67 EUR. A bearish break in the support located at 13,563.33 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 13,339.67 EUR. Then 13,030.33 EUR by extension. It would be safer to wait for a bearish break in the support located at 13,563.33 EUR before allowing yourself to re trade short positions (for sale) on DAX40 FULL0622. PS: if there is a bullish break in the resistance located at 13,872.67 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0
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Additional analysis
Quotes
DAX40 FULL0622 rating 13,776.00 EUR. On the day, this instrument lost -0.08% and was between 13,635.00 EUR and 13,797.00 EUR. This implies that the price is at +1.03% from its lowest and at -0.15% from its highest.13,635.00
13,797.00
13,776.00
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this DAX40 FULL0622 chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11,515.30 | 12,672.70 | 13,690.00 | 13,776.00 | 13,898.10 | 14,013.00 | 14,220.70 |
| Change (%) | -16.41% | -8.01% | -0.62% | - | +0.89% | +1.72% | +3.23% |
| Change | -2,260.70 | -1,103.30 | -86.00 | - | +122.10 | +237.00 | +444.70 |
| Level | Minor | Major | Major | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,030.33 | 13,339.67 | 13,563.33 | 13,872.67 | 14,096.33 | 14,405.67 | 14,629.33 |
| Camarilla | 13,640.43 | 13,689.28 | 13,738.14 | 13,787.00 | 13,835.86 | 13,884.72 | 13,933.58 |
| Woodie | 12,987.50 | 13,318.25 | 13,520.50 | 13,851.25 | 14,053.50 | 14,384.25 | 14,586.50 |
| Fibonacci | 13,339.67 | 13,543.27 | 13,669.06 | 13,872.67 | 14,076.27 | 14,202.06 | 14,405.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,302.67 | 13,654.33 | 13,913.67 | 14,265.33 | 14,524.67 | 14,876.33 | 15,135.67 |
| Camarilla | 14,004.98 | 14,060.98 | 14,116.99 | 14,173.00 | 14,229.01 | 14,285.02 | 14,341.03 |
| Woodie | 13,256.50 | 13,631.25 | 13,867.50 | 14,242.25 | 14,478.50 | 14,853.25 | 15,089.50 |
| Fibonacci | 13,654.33 | 13,887.74 | 14,031.93 | 14,265.33 | 14,498.74 | 14,642.93 | 14,876.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,398.67 | 11,423.33 | 12,895.67 | 13,920.33 | 15,392.67 | 16,417.33 | 17,889.67 |
| Camarilla | 13,681.33 | 13,910.22 | 14,139.11 | 14,368.00 | 14,596.89 | 14,825.78 | 15,054.68 |
| Woodie | 10,622.50 | 11,535.25 | 13,119.50 | 14,032.25 | 15,616.50 | 16,529.25 | 18,113.50 |
| Fibonacci | 11,423.33 | 12,377.19 | 12,966.48 | 13,920.33 | 14,874.19 | 15,463.48 | 16,417.33 |
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): | 58.77 | |
| MACD (12,26,9): | 2.8800 | |
| Directional Movement: | 10.85 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 13,727.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 13,686.17 | |
| Elder Ray (13): | 28.91 | |
| Super Trend (3,10): | 13,776.35 | |
| Zig ZAG (10): | 13,775.00 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 91.58 | |
| TEMA (21): | 13,767.14 | |
| Williams %R (14): | -3.45 | |
| Chande Momentum Oscillator (20): | 70.00 | |
| Repulse (5,40,3): | 0.4000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.84 |
| MA7: | 14,116.00 | |
| MA20: | 14,252.70 | |
| MA50: | 14,244.34 | |
| MA100: | 14,939.42 | |
| MAexp7: | 13,754.78 | |
| MAexp20: | 13,733.12 | |
| MAexp50: | 13,781.12 | |
| MAexp100: | 13,868.03 | |
| Price / MA7: | -2.41% | |
| Price / MA20: | -3.34% | |
| Price / MA50: | -3.29% | |
| Price / MA100: | -7.79% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.66% |
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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