MICRO DAX FULL0625 - 1H - Technical analysis published on 07/11/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 12,748.90 EUR
My targets
12,938.00 EUR (+0.33%)
13,101.40 EUR (+1.59%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MICRO DAX FULL0922 as long as the price remains well above 12,748.90 EUR. The buyers' bullish objective is set at 12,938.00 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13,101.40 EUR. If there is any crossing, the next objective would be the resistance located at 13,343.40 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.3
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This analysis was given by sven-pro-trader. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICRO DAX FULL0922 rating 12,896.00 EUR. The price registered a decrease of -0.71% on the session and was traded between 12,756.00 EUR and 12,968.00 EUR over the period. The price is currently at +1.10% from its lowest and -0.56% from its highest.12,756.00
12,968.00
12,896.00
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.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 MICRO DAX FULL0922 in 1H shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12,369.00 | 12,655.00 | 12,748.90 | 12,896.00 | 12,938.00 | 13,101.40 | 13,343.40 |
| Change (%) | -4.09% | -1.87% | -1.14% | - | +0.33% | +1.59% | +3.47% |
| Change | -527.00 | -241.00 | -147.10 | - | +42.00 | +205.40 | +447.40 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12,568.33 | 12,658.67 | 12,823.33 | 12,913.67 | 13,078.33 | 13,168.67 | 13,333.33 |
| Camarilla | 12,917.88 | 12,941.25 | 12,964.63 | 12,988.00 | 13,011.38 | 13,034.75 | 13,058.13 |
| Woodie | 12,605.50 | 12,677.25 | 12,860.50 | 12,932.25 | 13,115.50 | 13,187.25 | 13,370.50 |
| Fibonacci | 12,658.67 | 12,756.08 | 12,816.26 | 12,913.67 | 13,011.08 | 13,071.26 | 13,168.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,935.00 | 12,152.00 | 12,570.00 | 12,787.00 | 13,205.00 | 13,422.00 | 13,840.00 |
| Camarilla | 12,813.38 | 12,871.58 | 12,929.79 | 12,988.00 | 13,046.21 | 13,104.42 | 13,162.63 |
| Woodie | 12,035.50 | 12,202.25 | 12,670.50 | 12,837.25 | 13,305.50 | 13,472.25 | 13,940.50 |
| Fibonacci | 12,152.00 | 12,394.57 | 12,544.43 | 12,787.00 | 13,029.57 | 13,179.43 | 13,422.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,923.00 | 11,258.00 | 12,029.00 | 13,364.00 | 14,135.00 | 15,470.00 | 16,241.00 |
| Camarilla | 12,220.85 | 12,413.90 | 12,606.95 | 12,800.00 | 12,993.05 | 13,186.10 | 13,379.15 |
| Woodie | 9,641.00 | 11,117.00 | 11,747.00 | 13,223.00 | 13,853.00 | 15,329.00 | 15,959.00 |
| Fibonacci | 11,258.00 | 12,062.49 | 12,559.51 | 13,364.00 | 14,168.49 | 14,665.51 | 15,470.00 |
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): | 56.02 | |
| MACD (12,26,9): | 6.3700 | |
| Directional Movement: | -6.89 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 12,887.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,943.61 | |
| Elder Ray (13): | 18.14 | |
| Super Trend (3,10): | 12,770.28 | |
| Zig ZAG (10): | 12,897.00 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 46.19 | |
| TEMA (21): | 12,856.06 | |
| Williams %R (14): | -44.69 | |
| Chande Momentum Oscillator (20): | -74.00 | |
| Repulse (5,40,3): | 0.3400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.26 |
| MA7: | 12,796.14 | |
| MA20: | 13,015.55 | |
| MA50: | 13,650.50 | |
| MA100: | 13,895.12 | |
| MAexp7: | 12,862.20 | |
| MAexp20: | 12,870.98 | |
| MAexp50: | 12,828.42 | |
| MAexp100: | 12,801.49 | |
| Price / MA7: | +0.78% | |
| Price / MA20: | -0.92% | |
| Price / MA50: | -5.53% | |
| Price / MA100: | -7.19% | |
| Price / MAexp7: | +0.26% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.53% | |
| Price / MAexp100: | +0.74% |
Quotes :
-
15 min delayed data
-
EUREX Futures Micro
This member declared not having a position on this financial instrument or a related financial instrument.
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