MICRO DAX FULL0325 - 15 min. - Technical analysis published on 09/27/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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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 12,278.67 EUR
My targets
12,484.67 EUR (+0.67%)
12,578.33 EUR (+1.43%)
My analysis
The bullish trend is currently very strong on MICRO DAX FULL1222. As long as the price remains above the support at 12,278.67 EUR, you could try to benefit from the boom. The first bullish objective is located at 12,484.67 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12,578.33 EUR as an objective. Crossing it would then enable buyers to target 12,609.50 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
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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
The MICRO DAX FULL1222 rating is 12,401.00 EUR. The price registered an increase of +1.15% on the session with the lowest point at 12,256.00 EUR and the highest point at 12,417.00 EUR. The deviation from the price is +1.18% for the low point and -0.13% for the high point.12,256.00
12,417.00
12,401.00
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 MICRO DAX FULL1222:
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 MICRO DAX FULL1222 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,180.70 | 11,331.50 | 12,173.50 | 12,401.00 | 12,609.50 | 12,890.50 | 13,137.60 |
| Change (%) | -17.90% | -8.62% | -1.83% | - | +1.68% | +3.95% | +5.94% |
| Change | -2,220.30 | -1,069.50 | -227.50 | - | +208.50 | +489.50 | +736.60 |
| Level | Intermediate | Intermediate | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,960.33 | 12,072.67 | 12,166.33 | 12,278.67 | 12,372.33 | 12,484.67 | 12,578.33 |
| Camarilla | 12,203.35 | 12,222.23 | 12,241.12 | 12,260.00 | 12,278.88 | 12,297.77 | 12,316.65 |
| Woodie | 11,951.00 | 12,068.00 | 12,157.00 | 12,274.00 | 12,363.00 | 12,480.00 | 12,569.00 |
| Fibonacci | 12,072.67 | 12,151.36 | 12,199.98 | 12,278.67 | 12,357.36 | 12,405.98 | 12,484.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,248.00 | 11,723.00 | 12,011.00 | 12,486.00 | 12,774.00 | 13,249.00 | 13,537.00 |
| Camarilla | 12,089.18 | 12,159.12 | 12,229.06 | 12,299.00 | 12,368.94 | 12,438.88 | 12,508.83 |
| Woodie | 11,154.50 | 11,676.25 | 11,917.50 | 12,439.25 | 12,680.50 | 13,202.25 | 13,443.50 |
| Fibonacci | 11,723.00 | 12,014.47 | 12,194.53 | 12,486.00 | 12,777.47 | 12,957.53 | 13,249.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,036.33 | 11,842.67 | 12,301.33 | 13,107.67 | 13,566.33 | 14,372.67 | 14,831.33 |
| Camarilla | 12,412.13 | 12,528.08 | 12,644.04 | 12,760.00 | 12,875.96 | 12,991.92 | 13,107.88 |
| Woodie | 10,862.50 | 11,755.75 | 12,127.50 | 13,020.75 | 13,392.50 | 14,285.75 | 14,657.50 |
| Fibonacci | 11,842.67 | 12,325.90 | 12,624.44 | 13,107.67 | 13,590.90 | 13,889.44 | 14,372.67 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.58 | |
| MACD (12,26,9): | 15.2900 | |
| Directional Movement: | 21.02 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 12,342.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,303.52 | |
| Elder Ray (13): | 36.04 | |
| Super Trend (3,10): | 12,305.70 | |
| Zig ZAG (10): | 12,392.00 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 89.69 | |
| TEMA (21): | 12,354.82 | |
| Williams %R (14): | -5.10 | |
| Chande Momentum Oscillator (20): | 86.00 | |
| Repulse (5,40,3): | 0.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.35 |
| MA7: | 12,530.71 | |
| MA20: | 12,759.00 | |
| MA50: | 13,117.60 | |
| MA100: | 13,299.60 | |
| MAexp7: | 12,348.48 | |
| MAexp20: | 12,320.71 | |
| MAexp50: | 12,303.05 | |
| MAexp100: | 12,309.60 | |
| Price / MA7: | -1.04% | |
| Price / MA20: | -2.81% | |
| Price / MA50: | -5.46% | |
| Price / MA100: | -6.76% | |
| Price / MAexp7: | +0.43% | |
| Price / MAexp20: | +0.65% | |
| Price / MAexp50: | +0.80% | |
| Price / MAexp100: | +0.74% |
Quotes :
-
15 min delayed data
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EUREX Futures Micro
This member declared not having a position on this financial instrument or a related financial instrument.
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