Londinia Opportunities Analyses - 05/03/2024 (GMT) DAXSEC. ALL CHEM.TR - 1H

DAXSEC. ALL CHEM.TR
- EUR (-)
- 15 min delayed data - Germany Indices
Type: Indices
Ticker: 3BWC
ISIN: DE000A0S3FH2

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 378.55 EUR
My targets
385.31 EUR (+1.29%)
396.62 EUR (+4.26%)
My analysis
The basic bullish trend is very strong on DAXSEC. ALL CHEM.TR but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 378.55 EUR. Crossing the first resistance at 385.31 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 396.62 EUR as an objective. Crossing it would then enable buyers to target 400.93 EUR. Caution, a return to below 378.55 EUR would be a sign of a consolidation phase in 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1

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Additional analysis

Quotes

The DAXSEC. ALL CHEM.TR price is 380.42 EUR. On the day, this instrument gained +0.72% and was between 377.68 EUR and 383.17 EUR. This implies that the price is at +0.73% from its lowest and at -0.72% from its highest.

377.68
383.17
380.42

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DAXSEC. ALL CHEM.TR:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of DAXSEC. ALL CHEM.TR in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 369.59 374.51 378.55 380.42 385.31 396.62 400.93
Change (%) -2.85% -1.55% -0.49% - +1.29% +4.26% +5.39%
Change -10.83 -5.91 -1.87 - +4.89 +16.20 +20.51
Level Major Intermediate Major - Minor 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
Standard371.86373.89375.81377.84379.76381.79383.71
Camarilla376.63377.00377.36377.72378.08378.44378.81
Woodie371.80373.86375.75377.81379.70381.76383.65
Fibonacci373.89375.40376.33377.84379.35380.28381.79


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard362.45366.11372.08375.74381.71385.37391.34
Camarilla375.40376.29377.17378.05378.93379.82380.70
Woodie363.61366.69373.24376.32382.87385.95392.50
Fibonacci366.11369.79372.06375.74379.42381.69385.37


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard334.94352.35366.10383.51397.26414.67428.42
Camarilla371.27374.13376.98379.84382.70385.55388.41
Woodie333.10351.44364.26382.60395.42413.76426.58
Fibonacci352.35364.26371.61383.51395.42402.77414.67

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): 55.79
MACD (12,26,9): 0.5500
Directional Movement: 15.30
AROON (14): 78.57
DEMA (21): 380.04
Parabolic SAR (0,02-0,02-0,2): 376.36
Elder Ray (13): 0.53
Super Trend (3,10): 376.67
Zig ZAG (10): 380.32
VORTEX (21): 1.0200
Stochastique (14,3,5): 57.58
TEMA (21): 380.21
Williams %R (14): -49.29
Chande Momentum Oscillator (20): 1.39
Repulse (5,40,3): 0.0000
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.79
MA7: 377.79
MA20: 381.81
MA50: 374.37
MA100: 362.61
MAexp7: 380.02
MAexp20: 379.35
MAexp50: 378.62
MAexp100: 379.10
Price / MA7: +0.70%
Price / MA20: -0.36%
Price / MA50: +1.62%
Price / MA100: +4.91%
Price / MAexp7: +0.11%
Price / MAexp20: +0.28%
Price / MAexp50: +0.48%
Price / MAexp100: +0.35%

Quotes : - 15 min delayed data - Indices Allemagne