CDAX PERF INDEX - 1H - Technical analysis published on 09/21/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
17%
50%
My opinion
Bearish under 1,144.98 EUR
My targets
1,110.53 EUR (-1.88%)
1,083.59 EUR (-4.26%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CDAX PERF INDEX as long as the price remains well below 1,144.98 EUR. The sellers' bearish objective is set at 1,110.53 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,083.59 EUR. In case of crossing, the next objective would be the support located at 975.67 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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Additional analysis
Quotes
The CDAX PERF INDEX rating is 1,131.85 EUR. The price is lower by -0.04% since the last closing and was traded between 1,119.56 EUR and 1,133.52 EUR over the period. The price is currently at +1.10% from its lowest and -0.15% from its highest.1,119.56
1,133.52
1,131.85
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CDAX PERF INDEX:
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 this 1H chart of CDAX PERF INDEX indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 6 are bullish, 9 are neutral and 3 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 975.67 | 1,110.53 | 1,131.16 | 1,131.85 | 1,144.98 | 1,170.21 | 1,189.67 |
| Change (%) | -13.80% | -1.88% | -0.06% | - | +1.16% | +3.39% | +5.11% |
| Change | -156.18 | -21.32 | -0.69 | - | +13.13 | +38.36 | +57.82 |
| Level | Intermediate | Major | Intermediate | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,096.35 | 1,112.84 | 1,122.55 | 1,139.04 | 1,148.75 | 1,165.24 | 1,174.95 |
| Camarilla | 1,125.06 | 1,127.46 | 1,129.86 | 1,132.26 | 1,134.66 | 1,137.06 | 1,139.47 |
| Woodie | 1,092.96 | 1,111.15 | 1,119.16 | 1,137.35 | 1,145.36 | 1,163.55 | 1,171.56 |
| Fibonacci | 1,112.84 | 1,122.85 | 1,129.03 | 1,139.04 | 1,149.05 | 1,155.23 | 1,165.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,031.72 | 1,083.59 | 1,111.87 | 1,163.74 | 1,192.02 | 1,243.89 | 1,272.17 |
| Camarilla | 1,118.11 | 1,125.46 | 1,132.80 | 1,140.15 | 1,147.50 | 1,154.84 | 1,162.19 |
| Woodie | 1,019.93 | 1,077.69 | 1,100.08 | 1,157.84 | 1,180.23 | 1,237.99 | 1,260.38 |
| Fibonacci | 1,083.59 | 1,114.21 | 1,133.12 | 1,163.74 | 1,194.36 | 1,213.27 | 1,243.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,003.47 | 1,074.20 | 1,114.12 | 1,184.85 | 1,224.77 | 1,295.50 | 1,335.42 |
| Camarilla | 1,123.62 | 1,133.76 | 1,143.91 | 1,154.05 | 1,164.19 | 1,174.34 | 1,184.48 |
| Woodie | 988.08 | 1,066.50 | 1,098.73 | 1,177.15 | 1,209.38 | 1,287.80 | 1,320.03 |
| Fibonacci | 1,074.20 | 1,116.47 | 1,142.58 | 1,184.85 | 1,227.12 | 1,253.23 | 1,295.50 |
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): | 38.50 | |
| MACD (12,26,9): | -4.4700 | |
| Directional Movement: | -10.18 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1,127.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,138.30 | |
| Elder Ray (13): | -0.72 | |
| Super Trend (3,10): | 1,141.73 | |
| Zig ZAG (10): | 1,129.84 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 43.54 | |
| TEMA (21): | 1,129.58 | |
| Williams %R (14): | -47.74 | |
| Chande Momentum Oscillator (20): | -5.85 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.57 |
| MA7: | 1,150.54 | |
| MA20: | 1,159.11 | |
| MA50: | 1,188.45 | |
| MA100: | 1,211.64 | |
| MAexp7: | 1,130.87 | |
| MAexp20: | 1,134.34 | |
| MAexp50: | 1,144.72 | |
| MAexp100: | 1,154.92 | |
| Price / MA7: | -1.62% | |
| Price / MA20: | -2.35% | |
| Price / MA50: | -4.76% | |
| Price / MA100: | -6.59% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | -1.12% | |
| Price / MAexp100: | -2.00% |
Quotes :
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15 min delayed data
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Germany Indices
This member declared not having a position on this financial instrument or a related financial instrument.
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