SHORTDAX X2 TR
4NAQ
-
EUR
(-)
- 15 min delayed data - Germany Indices
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Indices |
| Ticker: | 4NAQ |
| ISIN: | DE000A0SNAK2 |
SHORTDAX X2 TR - 1H - Technical analysis published on 12/22/2022 (GMT)
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- 12/22/2022 - 16:03
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- Timeframe : 1H
- - Analysis generated on 12/22/2022 - 16:03
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 164.97 EUR
My targets
168.26 EUR (+1.69%)
171.45 EUR (+3.62%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SHORTDAX X2 TR as long as the price remains well above 164.97 EUR. The buyers' bullish objective is set at 168.26 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 171.45 EUR. If there is any crossing, the next objective would be the resistance located at 193.61 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 overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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
SHORTDAX X2 TR rating 165.46 EUR. The price registered an increase of +2.78% on the session and was traded between 159.56 EUR and 165.73 EUR over the period. The price is currently at +3.70% from its lowest and -0.16% from its highest.159.56
165.73
165.46
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SHORTDAX X2 TR:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SHORTDAX X2 TR chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 159.72 | 163.27 | 164.97 | 165.46 | 168.26 | 171.45 | 193.61 |
| Change (%) | -3.47% | -1.32% | -0.30% | - | +1.69% | +3.62% | +17.01% |
| Change | -5.74 | -2.19 | -0.49 | - | +2.80 | +5.99 | +28.15 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 154.98 | 157.95 | 159.47 | 162.44 | 163.96 | 166.93 | 168.45 |
| Camarilla | 159.75 | 160.16 | 160.57 | 160.98 | 161.39 | 161.80 | 162.22 |
| Woodie | 154.25 | 157.59 | 158.74 | 162.08 | 163.23 | 166.57 | 167.72 |
| Fibonacci | 157.95 | 159.67 | 160.73 | 162.44 | 164.16 | 165.22 | 166.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 135.06 | 141.93 | 153.87 | 160.74 | 172.68 | 179.55 | 191.49 |
| Camarilla | 160.63 | 162.35 | 164.08 | 165.80 | 167.52 | 169.25 | 170.97 |
| Woodie | 137.59 | 143.20 | 156.40 | 162.01 | 175.21 | 180.82 | 194.02 |
| Fibonacci | 141.93 | 149.12 | 153.56 | 160.74 | 167.93 | 172.37 | 179.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.68 | 126.40 | 140.62 | 165.34 | 179.56 | 204.28 | 218.50 |
| Camarilla | 144.13 | 147.70 | 151.27 | 154.84 | 158.41 | 161.98 | 165.55 |
| Woodie | 96.43 | 123.78 | 135.37 | 162.72 | 174.31 | 201.66 | 213.25 |
| Fibonacci | 126.40 | 141.28 | 150.47 | 165.34 | 180.22 | 189.41 | 204.28 |
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): | 61.92 | |
| MACD (12,26,9): | -0.0900 | |
| Directional Movement: | 13.91 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 162.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 160.08 | |
| Elder Ray (13): | 2.18 | |
| Super Trend (3,10): | 161.91 | |
| Zig ZAG (10): | 165.02 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 89.47 | |
| TEMA (21): | 162.51 | |
| Williams %R (14): | -5.16 | |
| Chande Momentum Oscillator (20): | 2.14 | |
| Repulse (5,40,3): | 1.6100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.73 |
| MA7: | 162.82 | |
| MA20: | 157.65 | |
| MA50: | 168.88 | |
| MA100: | 183.24 | |
| MAexp7: | 163.35 | |
| MAexp20: | 163.17 | |
| MAexp50: | 162.49 | |
| MAexp100: | 160.62 | |
| Price / MA7: | +1.62% | |
| Price / MA20: | +4.95% | |
| Price / MA50: | -2.03% | |
| Price / MA100: | -9.70% | |
| Price / MAexp7: | +1.29% | |
| Price / MAexp20: | +1.40% | |
| Price / MAexp50: | +1.83% | |
| Price / MAexp100: | +3.01% |
Quotes :
12/22/2022 - 15:47
-
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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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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