MICRO DAX FULL0325 - 1H - Technical analysis published on 10/03/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 12,173.50 EUR
My targets
11,881.50 EUR (-0.98%)
11,594.00 EUR (-3.38%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MICRO DAX FULL1222 as long as the price remains well below 12,173.50 EUR. The next bearish objective for sellers is set at 11,881.50 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11,594.00 EUR. If there is any crossing, the next objective would be the support located at 11,331.50 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 over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.1
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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 11,999.00 EUR. The price registered a decrease of -1.11% on the session and was between 11,823.00 EUR and 11,999.00 EUR. This implies that the price is at +1.49% from its lowest and at 0% from its highest.11,823.00
11,999.00
11,999.00
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
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:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MICRO DAX FULL1222 in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11,331.50 | 11,881.50 | 11,996.00 | 11,999.00 | 12,173.50 | 12,339.70 | 12,609.50 |
| Change (%) | -5.56% | -0.98% | -0.03% | - | +1.45% | +2.84% | +5.09% |
| Change | -667.50 | -117.50 | -3.00 | - | +174.50 | +340.70 | +610.50 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,773.67 | 11,855.33 | 11,994.67 | 12,076.33 | 12,215.67 | 12,297.33 | 12,436.67 |
| Camarilla | 12,073.23 | 12,093.48 | 12,113.74 | 12,134.00 | 12,154.26 | 12,174.52 | 12,194.78 |
| Woodie | 11,802.50 | 11,869.75 | 12,023.50 | 12,090.75 | 12,244.50 | 12,311.75 | 12,465.50 |
| Fibonacci | 11,855.33 | 11,939.76 | 11,991.91 | 12,076.33 | 12,160.76 | 12,212.91 | 12,297.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,309.00 | 11,594.00 | 11,864.00 | 12,149.00 | 12,419.00 | 12,704.00 | 12,974.00 |
| Camarilla | 11,981.38 | 12,032.25 | 12,083.13 | 12,134.00 | 12,184.88 | 12,235.75 | 12,286.63 |
| Woodie | 11,301.50 | 11,590.25 | 11,856.50 | 12,145.25 | 12,411.50 | 12,700.25 | 12,966.50 |
| Fibonacci | 11,594.00 | 11,806.01 | 11,936.99 | 12,149.00 | 12,361.01 | 12,491.99 | 12,704.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,862.33 | 10,870.67 | 11,502.33 | 12,510.67 | 13,142.33 | 14,150.67 | 14,782.33 |
| Camarilla | 11,683.00 | 11,833.33 | 11,983.67 | 12,134.00 | 12,284.33 | 12,434.67 | 12,585.00 |
| Woodie | 9,674.00 | 10,776.50 | 11,314.00 | 12,416.50 | 12,954.00 | 14,056.50 | 14,594.00 |
| Fibonacci | 10,870.67 | 11,497.15 | 11,884.19 | 12,510.67 | 13,137.15 | 13,524.19 | 14,150.67 |
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): | 42.33 | |
| MACD (12,26,9): | -34.9900 | |
| Directional Movement: | -11.09 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 11,946.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,060.49 | |
| Elder Ray (13): | -37.31 | |
| Super Trend (3,10): | 12,125.55 | |
| Zig ZAG (10): | 11,916.00 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 33.93 | |
| TEMA (21): | 11,932.00 | |
| Williams %R (14): | -72.24 | |
| Chande Momentum Oscillator (20): | -180.00 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 2.10 |
| MA7: | 12,144.00 | |
| MA20: | 12,626.70 | |
| MA50: | 13,028.50 | |
| MA100: | 13,230.38 | |
| MAexp7: | 11,947.06 | |
| MAexp20: | 11,989.92 | |
| MAexp50: | 12,046.80 | |
| MAexp100: | 12,147.82 | |
| Price / MA7: | -1.19% | |
| Price / MA20: | -4.97% | |
| Price / MA50: | -7.90% | |
| Price / MA100: | -9.31% | |
| Price / MAexp7: | +0.43% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | -0.40% | |
| Price / MAexp100: | -1.23% |
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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