SHORTDAX TR

D1A9

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	D1A9
ISIN:	DE000A0C4CT0

SHORTDAX TR - Daily - Technical analysis published on 11/17/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

50%

17%

My opinion

Bearish under 1,632.71 EUR

My targets

1,530.62 EUR (-3.16%)

1,465.36 EUR (-7.29%)

My analysis

SHORTDAX TR is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1,632.71 EUR. The next support located at 1,530.62 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1,465.36 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.3

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

SHORTDAX TR rating 1,580.61 EUR. The price registered a decrease of -0.02% on the session and was traded between 1,564.35 EUR and 1,590.43 EUR over the period. The price is currently at +1.04% from its lowest and -0.62% from its highest.

1,564.35

1,590.43

1,580.61

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SHORTDAX TR:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this SHORTDAX TR chart shows a sharp 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 6 are bullish, 3 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,465.36	1,530.62	1,568.04	1,580.61	1,632.71	1,726.57	1,779.68
Change (%)	-7.29%	-3.16%	-0.80%	-	+3.30%	+9.23%	+12.59%
Change	-115.25	-49.99	-12.57	-	+52.10	+145.96	+199.07
Level	Major	Minor	Major	-	Intermediate	Major	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	1,548.37	1,556.58	1,568.76	1,576.97	1,589.15	1,597.36	1,609.54
Camarilla	1,575.34	1,577.21	1,579.08	1,580.95	1,582.82	1,584.69	1,586.56
Woodie	1,550.37	1,557.57	1,570.76	1,577.96	1,591.15	1,598.35	1,611.54
Fibonacci	1,556.58	1,564.37	1,569.18	1,576.97	1,584.76	1,589.57	1,597.36

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,440.60	1,508.95	1,545.30	1,613.65	1,650.00	1,718.35	1,754.70
Camarilla	1,552.86	1,562.46	1,572.05	1,581.65	1,591.25	1,600.85	1,610.44
Woodie	1,424.60	1,500.95	1,529.30	1,605.65	1,634.00	1,710.35	1,738.70
Fibonacci	1,508.95	1,548.95	1,573.66	1,613.65	1,653.65	1,678.36	1,718.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,424.95	1,559.13	1,629.64	1,763.82	1,834.33	1,968.51	2,039.02
Camarilla	1,643.87	1,662.63	1,681.40	1,700.16	1,718.92	1,737.69	1,756.45
Woodie	1,393.13	1,543.21	1,597.82	1,747.90	1,802.51	1,952.59	2,007.20
Fibonacci	1,559.13	1,637.32	1,685.63	1,763.82	1,842.01	1,890.32	1,968.51

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):	26.10
MACD (12,26,9):	-51.9700
Directional Movement:	-23.36
AROON (14):	-57.14
DEMA (21):	1,589.62
Parabolic SAR (0,02-0,02-0,2):	1,637.07
Elder Ray (13):	-47.24
Super Trend (3,10):	1,655.17
Zig ZAG (10):	1,581.94
VORTEX (21):	0.6300
Stochastique (14,3,5):	10.26
TEMA (21):	1,556.92
Williams %R (14):	-86.44
Chande Momentum Oscillator (20):	-107.97
Repulse (5,40,3):	0.5400
ROCnROLL:	2
TRIX (15,9):	-0.3700
Courbe Coppock:	14.74

MA7:	1,588.42
MA20:	1,663.02
MA50:	1,744.90
MA100:	1,735.78
MAexp7:	1,594.61
MAexp20:	1,653.45
MAexp50:	1,707.30
MAexp100:	1,714.02
Price / MA7:	-0.49%
Price / MA20:	-4.96%
Price / MA50:	-9.42%
Price / MA100:	-8.94%
Price / MAexp7:	-0.88%
Price / MAexp20:	-4.41%
Price / MAexp50:	-7.42%
Price / MAexp100:	-7.78%

Quotes : - 15 min delayed data - Germany Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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