CDAX PERF INDEX

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	CDAX
ISIN:	DE0008469602

CDAX PERF INDEX - Daily - Technical analysis published on 05/08/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 1,398.29 EUR

My targets

1,469.05 EUR (+3.76%)

1,525.31 EUR (+7.73%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CDAX PERF INDEX as long as the price remains well above 1,398.29 EUR. The buyers' bullish objective is set at 1,469.05 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,525.31 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.2

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

The CDAX PERF INDEX price is 1,415.85 EUR. The price is lower by -0.01% since the last closing and was traded between 1,413.87 EUR and 1,419.90 EUR over the period. The price is currently at +0.14% from its lowest and -0.29% from its highest.

1,413.87

1,419.90

1,415.85

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

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

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CDAX PERF INDEX in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	1,270.00	1,311.95	1,398.29	1,415.85	1,525.31
Change (%)	-10.30%	-7.34%	-1.24%	-	+7.73%
Change	-145.85	-103.90	-17.56	-	+109.46
Level	Major	Minor	Major	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,407.15	1,410.51	1,413.18	1,416.54	1,419.21	1,422.57	1,425.24
Camarilla	1,414.19	1,414.75	1,415.30	1,415.85	1,416.40	1,416.96	1,417.51
Woodie	1,406.81	1,410.34	1,412.84	1,416.37	1,418.87	1,422.40	1,424.90
Fibonacci	1,410.51	1,412.81	1,414.24	1,416.54	1,418.84	1,420.27	1,422.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,366.59	1,377.39	1,396.71	1,407.51	1,426.83	1,437.63	1,456.95
Camarilla	1,407.76	1,410.52	1,413.28	1,416.04	1,418.80	1,421.56	1,424.32
Woodie	1,370.86	1,379.52	1,400.98	1,409.64	1,431.10	1,439.76	1,461.22
Fibonacci	1,377.39	1,388.89	1,396.00	1,407.51	1,419.01	1,426.12	1,437.63

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,339.27	1,354.34	1,382.53	1,397.60	1,425.79	1,440.86	1,469.05
Camarilla	1,398.82	1,402.79	1,406.76	1,410.72	1,414.69	1,418.65	1,422.62
Woodie	1,345.83	1,357.62	1,389.09	1,400.88	1,432.35	1,444.14	1,475.61
Fibonacci	1,354.34	1,370.87	1,381.08	1,397.60	1,414.13	1,424.34	1,440.86

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):	60.62
MACD (12,26,9):	9.5200
Directional Movement:	11.76
AROON (14):	14.29
DEMA (21):	1,410.84
Parabolic SAR (0,02-0,02-0,2):	1,388.18
Elder Ray (13):	13.97
Super Trend (3,10):	1,374.08
Zig ZAG (10):	1,415.85
VORTEX (21):	1.0400
Stochastique (14,3,5):	67.87
TEMA (21):	1,413.03
Williams %R (14):	-12.77
Chande Momentum Oscillator (20):	7.43
Repulse (5,40,3):	0.7800
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	1.51

MA7:	1,404.70
MA20:	1,400.85
MA50:	1,376.92
MA100:	1,351.51
MAexp7:	1,406.83
MAexp20:	1,398.00
MAexp50:	1,380.01
MAexp100:	1,349.04
Price / MA7:	+0.79%
Price / MA20:	+1.07%
Price / MA50:	+2.83%
Price / MA100:	+4.76%
Price / MAexp7:	+0.64%
Price / MAexp20:	+1.28%
Price / MAexp50:	+2.60%
Price / MAexp100:	+4.95%

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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