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 - 15 min. - Technical analysis published on 09/07/2022 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 12,836.33 EUR
My targets
12,951.67 EUR (+0.20%)
13,044.33 EUR (+0.92%)
My analysis
DAX40 FULL0922 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12,836.33 EUR. The next resistance located at 12,951.67 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13,044.33 EUR. After this resistance, buyers could then target 13,159.67 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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 Simon1. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The DAX40 FULL0922 rating is 12,926.00 EUR. The price has increased by +0.52% since the last closing with the lowest point at 12,700.00 EUR and the highest point at 12,959.00 EUR. The deviation from the price is +1.78% for the low point and -0.25% for the high point.

12,700.00
12,959.00
12,926.00

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 FULL0922:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of DAX40 FULL0922 indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 15 minutes



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12,284.50 12,633.00 12,719.40 12,926.00 12,929.00 13,053.30 13,346.70
Change (%) -4.96% -2.27% -1.60% - +0.02% +0.98% +3.25%
Change -641.50 -293.00 -206.60 - +3.00 +127.30 +420.70
Level Intermediate Major Intermediate - Minor 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
Standard12,535.6712,628.3312,743.6712,836.3312,951.6713,044.3313,159.67
Camarilla12,801.8012,820.8712,839.9312,859.0012,878.0712,897.1312,916.20
Woodie12,547.0012,634.0012,755.0012,842.0012,963.0013,050.0013,171.00
Fibonacci12,628.3312,707.7912,756.8812,836.3312,915.7912,964.8813,044.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,151.3312,374.6712,708.3312,931.6713,265.3313,488.6713,822.33
Camarilla12,888.8312,939.8812,990.9413,042.0013,093.0613,144.1213,195.18
Woodie12,206.5012,402.2512,763.5012,959.2513,320.5013,516.2513,877.50
Fibonacci12,374.6712,587.4412,718.8912,931.6713,144.4413,275.8913,488.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,083.6711,892.3312,352.6713,161.3313,621.6714,430.3314,890.67
Camarilla12,464.0312,580.3512,696.6812,813.0012,929.3313,045.6513,161.98
Woodie10,909.5011,805.2512,178.5013,074.2513,447.5014,343.2514,716.50
Fibonacci11,892.3312,377.0912,676.5813,161.3313,646.0913,945.5814,430.33

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 69.77
MACD (12,26,9): 32.0700
Directional Movement: 21.38
AROON (14): 78.57
DEMA (21): 12,890.67
Parabolic SAR (0,02-0,02-0,2): 12,814.84
Elder Ray (13): 68.79
Super Trend (3,10): 12,826.12
Zig ZAG (10): 12,934.00
VORTEX (21): 1.1700
Stochastique (14,3,5): 89.84
TEMA (21): 12,910.79
Williams %R (14): -11.39
Chande Momentum Oscillator (20): 177.00
Repulse (5,40,3): 0.2400
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 1.26
MA7: 12,850.57
MA20: 13,239.65
MA50: 13,178.88
MA100: 13,498.22
MAexp7: 12,898.20
MAexp20: 12,854.33
MAexp50: 12,819.16
MAexp100: 12,803.69
Price / MA7: +0.59%
Price / MA20: -2.37%
Price / MA50: -1.92%
Price / MA100: -4.24%
Price / MAexp7: +0.22%
Price / MAexp20: +0.56%
Price / MAexp50: +0.83%
Price / MAexp100: +0.96%

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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