MDAX50 PERF INDEX

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	MDAX
ISIN:	DE000A0Z3ND6

MDAX50 PERF INDEX - 1H - Technical analysis published on 05/13/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

33%

50%

My opinion

Bullish above 26,611.25 EUR

My targets

26,825.51 EUR (+0.32%)

27,001.97 EUR (+0.98%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MDAX50 PERF INDEX. As long as you are above the support located at 26,611.25 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 26,825.51 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 27,001.97 EUR as an objective. Crossing it would then enable buyers to target 27,246.00 EUR. If the support 26,611.25 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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

Force

2.7

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

MDAX50 PERF INDEX rating 26,738.61 EUR. The price is lower by -0.02% since the last closing with the lowest point at 26,702.17 EUR and the highest point at 26,856.47 EUR. The deviation from the price is +0.14% for the low point and -0.44% for the high point.

26,702.17

26,856.47

26,738.61

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MDAX50 PERF INDEX:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of MDAX50 PERF INDEX indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	26,172.82	26,436.28	26,611.25	26,738.61	26,825.51	27,001.97	27,246.00
Change (%)	-2.12%	-1.13%	-0.48%	-	+0.32%	+0.98%	+1.90%
Change	-565.79	-302.33	-127.36	-	+86.90	+263.36	+507.39
Level	Minor	Intermediate	Intermediate	-	Major	Intermediate	Minor

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
Standard	26,487.58	26,598.42	26,671.14	26,781.98	26,854.70	26,965.54	27,038.26
Camarilla	26,693.39	26,710.22	26,727.04	26,743.87	26,760.70	26,777.52	26,794.35
Woodie	26,468.53	26,588.89	26,652.09	26,772.45	26,835.65	26,956.01	27,019.21
Fibonacci	26,598.42	26,668.54	26,711.86	26,781.98	26,852.10	26,895.42	26,965.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25,817.65	26,062.47	26,403.17	26,647.99	26,988.69	27,233.51	27,574.21
Camarilla	26,582.85	26,636.53	26,690.20	26,743.87	26,797.54	26,851.22	26,904.89
Woodie	25,865.59	26,086.44	26,451.11	26,671.96	27,036.63	27,257.48	27,622.15
Fibonacci	26,062.47	26,286.14	26,424.32	26,647.99	26,871.66	27,009.84	27,233.51

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24,170.12	24,997.71	25,631.05	26,458.64	27,091.98	27,919.57	28,552.91
Camarilla	25,862.63	25,996.55	26,130.47	26,264.39	26,398.31	26,532.23	26,666.15
Woodie	24,073.00	24,949.15	25,533.93	26,410.08	26,994.86	27,871.01	28,455.79
Fibonacci	24,997.71	25,555.79	25,900.57	26,458.64	27,016.72	27,361.50	27,919.57

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):	48.04
MACD (12,26,9):	30.6800
Directional Movement:	9.83
AROON (14):	35.71
DEMA (21):	26,799.54
Parabolic SAR (0,02-0,02-0,2):	26,885.85
Elder Ray (13):	-37.24
Super Trend (3,10):	26,689.56
Zig ZAG (10):	26,720.28
VORTEX (21):	1.0400
Stochastique (14,3,5):	17.48
TEMA (21):	26,776.45
Williams %R (14):	-89.38
Chande Momentum Oscillator (20):	-87.63
Repulse (5,40,3):	-0.1600
ROCnROLL:	-1
TRIX (15,9):	0.0300
Courbe Coppock:	0.36

MA7:	26,615.35
MA20:	26,358.48
MA50:	26,446.19
MA100:	26,292.14
MAexp7:	26,755.57
MAexp20:	26,745.83
MAexp50:	26,650.56
MAexp100:	26,559.31
Price / MA7:	+0.46%
Price / MA20:	+1.44%
Price / MA50:	+1.11%
Price / MA100:	+1.70%
Price / MAexp7:	-0.06%
Price / MAexp20:	-0.03%
Price / MAexp50:	+0.33%
Price / MAexp100:	+0.68%

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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