SHORTDAX X2 TR - Daily - Technical analysis published on 09/14/2022 (GMT)
- 116
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
28%
28%
44%
My opinion
Neutral between 184.00 EUR and 193.61 EUR
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on SHORTDAX X2 TR. It is difficult to advise a trading direction under these conditions. The first resistance is located at 193.61 EUR. The first support is located at 184.00 EUR. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 SHORTDAX X2 TR price is 189.94 EUR. The price has increased by +1.09% since the last closing and was between 187.83 EUR and 189.99 EUR. This implies that the price is at +1.12% from its lowest and at -0.03% from its highest.187.83
189.99
189.94
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this SHORTDAX X2 TR chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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 doji star
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 160.04 | 171.45 | 184.00 | 189.94 | 193.61 | 206.64 | 213.59 |
| Change (%) | -15.74% | -9.73% | -3.13% | - | +1.93% | +8.79% | +12.45% |
| Change | -29.90 | -18.49 | -5.94 | - | +3.67 | +16.70 | +23.65 |
| Level | Major | Major | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 170.67 | 174.18 | 181.04 | 184.55 | 191.41 | 194.92 | 201.78 |
| Camarilla | 185.05 | 186.00 | 186.95 | 187.90 | 188.85 | 189.80 | 190.75 |
| Woodie | 172.35 | 175.02 | 182.72 | 185.39 | 193.09 | 195.76 | 203.46 |
| Fibonacci | 174.18 | 178.14 | 180.59 | 184.55 | 188.51 | 190.96 | 194.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 170.46 | 180.38 | 185.84 | 195.76 | 201.22 | 211.14 | 216.60 |
| Camarilla | 187.07 | 188.48 | 189.89 | 191.30 | 192.71 | 194.12 | 195.53 |
| Woodie | 168.23 | 179.27 | 183.61 | 194.65 | 198.99 | 210.03 | 214.37 |
| Fibonacci | 180.38 | 186.26 | 189.89 | 195.76 | 201.64 | 205.27 | 211.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 147.53 | 159.02 | 179.63 | 191.12 | 211.73 | 223.22 | 243.83 |
| Camarilla | 191.42 | 194.37 | 197.31 | 200.25 | 203.19 | 206.14 | 209.08 |
| Woodie | 152.10 | 161.30 | 184.20 | 193.40 | 216.30 | 225.50 | 248.40 |
| Fibonacci | 159.02 | 171.28 | 178.85 | 191.12 | 203.38 | 210.95 | 223.22 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.86 | |
| MACD (12,26,9): | 0.8400 | |
| Directional Movement: | -11.19 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 192.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 202.80 | |
| Elder Ray (13): | -2.72 | |
| Super Trend (3,10): | 206.92 | |
| Zig ZAG (10): | 188.30 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 24.90 | |
| TEMA (21): | 192.92 | |
| Williams %R (14): | -63.20 | |
| Chande Momentum Oscillator (20): | -9.87 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 4.05 |
| MA7: | 191.63 | |
| MA20: | 192.29 | |
| MA50: | 189.85 | |
| MA100: | 186.44 | |
| MAexp7: | 190.56 | |
| MAexp20: | 191.06 | |
| MAexp50: | 189.38 | |
| MAexp100: | 185.97 | |
| Price / MA7: | -0.88% | |
| Price / MA20: | -1.22% | |
| Price / MA50: | +0.05% | |
| Price / MA100: | +1.88% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | -0.54% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | +2.18% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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